Large money transfers to Taiwan
If you need to make a sizable money transfer to Taiwan, consider using a provider such as OFX or Xe to benefit from its expertise in handling larger transfer amounts.
Using a large transfer specialist can have the following advantages:- Tax guidance. Large transfers to Taiwan may have tax implications for you or your recipient. A transfer specialist can help get you up to speed on the IRS's latest advice.
- Foreign exchange (forex) tools. Advanced tools such as forward contracts, limit orders and stop-loss orders can help you lock in the TWD exchange rate you want.
- Account manager. Some money transfer providers assign a personal account manager who can help and advise you on your transfer needs.
- Phone service. If you want to talk your transfer through with someone, providers such as Airwallex and OFX International Money Transfers (Business) can give you support over the phone.