Exchange Rate

[calkel20]

Where to change at taipei to get better rate?? Can anyone give address??

Taiwan dbs.

 

[calkel20]

is it DBS tw 1% fee right? so x 0.99 = current SG cash rate (bank buy rate) x 0.99

or change again? long time no go

http://www.dbs.com.tw/treasures/rates/foreign-exchange-rates.page?pid=tw_tre_home_mp_Forex_270115

1% or 100ntd. Whichever is higher.

 

[lime_hmh]

Doubt u would get better rates in taoyuan airport ...
have checked many times last year during my 5 trips to taiwan ...
everytime their rate is quite low.
for example, if arcade rate is 23.20, then their rate might be 22.xx

Thank you...

 

[niap05]

Got abt 18k NTD left to change to SGD. Pm offers in SGD.

Cheers

 

[dede1217]

Thank you...

\you are welcome, enjoy ur trip

 

[calkel20]

DBS Taiwan 22.866.. But if I'm changing 7k, the 1% admin fee is actually quite high

DBS Singapore also have admin fee for exchanging currency?

Yes, they do.
After u work it out, dbs still good.

 

[critical888]

DBS Taiwan 22.866.. But if I'm changing 7k, the 1% admin fee is actually quite high

DBS Singapore also have admin fee for exchanging currency?

if u are changing so much, they will ask u a lot of Q one, very irritating one, do take note

you can avoid the 1% fee if u open a DBS gold customer bank account or similar level, not sure what its call

 

[Gixxerfied]

Doubt u would get better rates in taoyuan airport ...
have checked many times last year during my 5 trips to taiwan ...
everytime their rate is quite low.
for example, if arcade rate is 23.20, then their rate might be 22.xx

In the range of 22+ then Taiwan side is usually higher..Once in the range of 23+, similar rates..If 23 mid then arcade usually better..Only DBS Taiwan remain the highest in the above scenario..

 

[calkel20]

if u are changing so much, they will ask u a lot of Q one, very irritating one, do take note

you can avoid the 1% fee if u open a DBS gold customer bank account or similar level, not sure what its call

So change 3K 3K at one time.
That's best.

 

[critical888]

I see, will take note. Since changing more money also won't get better rate, I don't mind visiting twice. Never heard of this account, maybe I go and check out first.

I'm going there for a 5 months exchange program. Not sure if Taiwan has bank account for exchange students.

first u need to go to something like SHI GONG SUO, something like a town council to get a HC number, some alien identity number.

after-which u can go to the bank to open an account.

Can always check with the taiwan custom for more direct information, or the tw bank directly

If u go to the bank directly without any alien number, no bank will accept u for opening a bank account in tW

since u are staying in taiwan for 5 months u may wanna open a 中国信托 bank account, but prob is, the ATM card is issued a month later. but the benefit is, all the 7-11 or most , has this atm machine inside for deposit or withdrawal.

 

[pohu]

Sold at change alley at two outlets with those have at 21.80 & 21.90

 

[critical888]

Sold at change alley at two outlets with those have at 21.80 & 21.90

wow this rate is quite bad actually, but thanks for your info!!


BUT, it seems like if u bother to change in DBS tw and bring back to SG, if rate stays.. u probably can profit some by exchanging TWD to SGD! u can start analysing on the last day of your TW trip

I am looking at this selling back rate while posting : http://arcademoneychangers.com.sg/ratesbiglogo.asp

 

[pohu]

wow this rate is quite bad actually, but thanks for your info!!


BUT, it seems like if u bother to change in DBS tw and bring back to SG, if rate stays.. u probably can profit some by exchanging TWD to SGD! u can start analysing on the last day of your TW trip

I am looking at this selling back rate while posting : http://arcademoneychangers.com.sg/ratesbiglogo.asp

Heading to Chinatown to check out, using those at change alley as a guide...stunned by the rate.

 

[critical888]

Heading to Chinatown to check out, using those at change alley as a guide...stunned by the rate.

looking at the rate the exchanger are buying back TWD u can roughly know they are getting at a high price too

 

[fireworks79]

The rising is very slow

 

[pohu]

Did the change at 21.88 at Chinatown where there are outlets don't have stock which many said low supply given by banks.

This is first time I came across no stock.

 

[critical888]

dont change too much, pretty sure the taiwan airport rate is better than this

while at the money changer may wanna consider change some ringgit too,coz rate attractive

 

[pohu]

dont change too much, pretty sure the taiwan airport rate is better than this

while at the money changer may wanna consider change some ringgit too,coz rate attractive

Thanks for the advice, I didn't change much as I had some leftover from my last trip... but kinda surprise of the "no more stock" situation told by the money changers...

 

[critical888]

hows rate so far in sg for twd

 

[Kiwikleen]

hows rate so far in sg for twd

21.97 @ PP, the person offered 22 though.