Exchange Rate

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calkel20

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only bank of taiwan and mega bank accept sing, their exchange rate is always lower than tw dbs. period.

Correct chiu... Any banks that display singapore dollars over their counter do take in singapore dollars and offer you taiwan dollar.
 

calkel20

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Hello guys. I want to change 5k sgd to twd. I find dbs give higher rate then money changer i call and check there is no charer for exchange currency. Please advise should i change all in sg? Check dbs web is $23.71 as of now

u see correctly mah? i am looking at 23.844
change about sgd300 to cover your inital expenses upon landing. the rest 4.7k change at dbs

Do note: There is acash restriction on how much you can bring into TAIWAN. The cash declaration will be needed if you have more than 60000 nt per pax. So you can risk it andface the music. Normally is will not kena, but kena then just answer for it.
 

BigMonkey

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Correct chiu... Any banks that display singapore dollars over their counter do take in singapore dollars and offer you taiwan dollar.

no, that didn't happen. i went to a random bank at xmd. on their exchange board got show sg currency. i ask the counter, they say dun do exchange for singapore currency, only usd, euro, rmb and hkd
 

calkel20

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no, that didn't happen. i went to a random bank at xmd. on their exchange board got show sg currency. i ask the counter, they say dun do exchange for singapore currency, only usd, euro, rmb and hkd
Bigmonkey ghost which bank ah?

I tried a bank in danshui, the rates were better than Airport rates. Thus i did a change out there. Think it is a matter of luck on your side.

On top of the mentioned currencies, most do accept great british pound and japanese yens too.
 
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BigMonkey

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Bigmonkey ghost which bank ah?

I tried a bank in danshui, the rates were better than Airport rates. Thus i did a change out there. Think it is a matter of luck on your side.

On top of the mentioned currencies, most do accept great british pound and japanese yens too.

the signboard is yellow colour, forgot the name. its near the main street

if i remember the name, i let u know than u can try
 

calkel20

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the signboard is yellow colour, forgot the name. its near the main street

if i remember the name, i let u know than u can try

Yellow...

Ican only think of 彰化銀行...

Btw, I only go dbstw. And never short of money when i am there.
 
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calkel20

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Taoyuan airport 23.68 as per yday

The thing about changing at airport, there will be a one off 30nt transaction fee each time.
So do consolidate and change all at one time. Save some 30nt each time you change.
 

Gixxerfied

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how do i check the rates under twd bank? 台幣利率 外幣利率 外幣匯率 under which section? im going to gao xiong on my very 1st day!

See below, other banks i'm not sure..

Megabank(See 2nd column)
23.47
Megabank

Bank of Taiwan(Cash>Buying: 1st column)
23.41
Bank of Taiwan

Both above is at Taoyuan Intl Airport. NT$30 admin charges per transaction..

DBS Taiwan(4th Column)
23.817
DBS Taiwan

Traditionally if SG(Local) changers is offering above 23.xx then Taoyuan Rates wont be so attractive. If SG side goes below 23 then Taoyuan would usually be slightly better..

But nothing beats DBS Taiwan if you have the time to go change. Just change abit locally and a bulk of it there.
 

ksapple

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I change at arcade on wed rate is 23.66 at the hussan 2nd florr
 
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