Exchange Rate

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Blue_Hulk

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calkel20 said:
Maximum currency into taiwan is 60k ntd, so anything more, they will want u to declare. Then, still up to individual. Just like Singapore, do anything but dun get caught.[/QUOTE

Noted.

Mind asking couples of question

60k is it individual limit? If going in group of 5, is it rightfully shld be 300k?

If bringing 60k which value currency shld I change more inorder not to get scolding by people there?

Hee...
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calkel20

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kop2311987 said:
I see,went there to change over the counter? hows the queue like?
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Airport very fast, unless u tio those atbgroup, slow in consolidtion.

Blue_Hulk said:
calkel20 said:
Maximum currency into taiwan is 60k ntd, so anything more, they will want u to declare. Then, still up to individual. Just like Singapore, do anything but dun get caught.[/QUOTE

Noted.

Mind asking couples of question

60k is it individual limit? If going in group of 5, is it rightfully shld be 300k?

If bringing 60k which value currency shld I change more inorder not to get scolding by people there?

Hee...
Click to expand...
60k nt individual, but of coz many will bring more. Change more, up to u, or u bring. 3 k sgd go change, the bank teller will not scold u too, besides, its business.

I have changed more, but then up to u to take the risk. Doubt the law is highly enforced either.

Taiwan Taoyuan International Airport-Arrival declaration
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nwy42

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wts TWD

HI selling some left over @ 23.2. please pm me. i got ard 150k NT$ left
 
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bianconeri

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Money Exchange at Taiwan

like to share my experience if you think changing at arcade is not your choice method.

1) airport rate is worse than arcade rate.
2) most bank do not exchange sgd bill for ntd. usd, eur, hkd, cny and jpy bills are fine though. rate is better than airport for sure.
3) if you want to exchange with sgd bills, do it at dbs bank. rate is the same as the one you can see from the website, better than any money changer in singapore. i think the reason is because ntd is a non deliverable currency. passport is a must.
4) atm withdrawal is fine as well but make sure you activate your overseas withdrawal facility first. rate should be worse than bill rate cos it's thru plus or cirrus and charges are waived. for dbs atm card use plus, posbank cirrus. i regretted not bringing enough sgd bills.
5) money changer is difficult to chance upon. maybe bcos i don't know the place well.

hope everyone has a better money exchange experience with this information.
 
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PlasMa

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bianconeri said:
like to share my experience if you think changing at arcade is not your choice method.

1) airport rate is worse than arcade rate.
2) most bank do not exchange sgd bill for ntd. usd, eur, hkd, cny and jpy bills are fine though. rate is better than airport for sure.
3) if you want to exchange with sgd bills, do it at dbs bank. rate is the same as the one you can see from the website, better than any money changer in singapore. i think the reason is because ntd is a non deliverable currency. passport is a must.
4) atm withdrawal is fine as well but make sure you activate your overseas withdrawal facility first. rate should be worse than bill rate cos it's thru plus or cirrus and charges are waived. for dbs atm card use plus, posbank cirrus. i regretted not bringing enough sgd bills.
5) money changer is difficult to chance upon. maybe bcos i don't know the place well.

hope everyone has a better money exchange experience with this information.
Click to expand...

add on :
3) Theres an age limit to change currency at DBS taiwan. too young not allowed. (forgot whats the age limit, 16, 18 or 21)

5) Some hotels (e.g rainbow in xmd) provide currency exchange. but do expect their rates to be lousy. (since banks don't open during the weekend, and you run out of $ then no choice)
 
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bianconeri

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PlasMa said:
add on :
3) Theres an age limit to change currency at DBS taiwan. too young not allowed. (forgot whats the age limit, 16, 18 or 21)

5) Some hotels (e.g rainbow in xmd) provide currency exchange. but do expect their rates to be lousy. (since banks don't open during the weekend, and you run out of $ then no choice)
Click to expand...

add on :
4) only dbs/posbank card on dbs atm will get the charges waived.
 
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blonchai

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Can I ask where is this arcade which I can change twd? Change in Singapore rate higher compare changing in taiwan?
 
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arcade has a few money changers. just change at the one that offers the best rates. usually u will see queue at the popular one.
 
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