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Compare today's TWD to CNY (New Taiwan Dollar to Chinese Yuan) exchange rates

Taiwan
China
TWD

Interbank Exchange Rate: 1 TWD = 0.2194 CNY
Updated about an hour ago

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All you need to know about New Taiwan Dollar to Chinese Yuan money transfers

Easily compare money transfer providers in one place to send money from Taiwan to China. Send money overseas to your loved ones by comparing New Taiwan Dollar (TWD) to Chinese Yuan (CNY) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Taiwan.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest TWD to CNY Conversion Rates

Here are some latest TWD to CNY (New Taiwan Dollar to Chinese Yuan) exchange rates for popular conversion amounts*.

1 TWD0.22 CNY
5 TWD1.10 CNY
10 TWD2.19 CNY
25 TWD5.49 CNY
50 TWD10.97 CNY
100 TWD21.94 CNY
150 TWD32.91 CNY
200 TWD43.88 CNY
250 TWD54.85 CNY
300 TWD65.82 CNY
400 TWD87.76 CNY
500 TWD109.70 CNY
600 TWD131.64 CNY
700 TWD153.58 CNY
800 TWD175.52 CNY
1,000 TWD219.40 CNY
1,500 TWD329.10 CNY
2,000 TWD438.80 CNY
2,500 TWD548.50 CNY
3,000 TWD658.20 CNY
4,000 TWD877.60 CNY
5,000 TWD1,097.00 CNY
10,000 TWD2,194.00 CNY
15,000 TWD3,291.00 CNY
20,000 TWD4,388.00 CNY
30,000 TWD6,582.00 CNY
40,000 TWD8,776.00 CNY
50,000 TWD10,970.00 CNY
100,000 TWD21,940.00 CNY

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Taiwan to China?

There are many good choices when it comes to sending money from Taiwan to China. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your New Taiwan Dollar to CNY money transfers.

We compare different remittance companies to bring you the best options to send money to China from Taiwan. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your New Taiwan Dollar to Chinese Yuan money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to China from Taiwan?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your TWD to Chinese Yuan money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Taiwan to China. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for TWD to CNY remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to China from Taiwan?

When you want to send money to China from Taiwan, you obviously want the cheapest possible option to maximize the money your recipient gets in Chinese Yuan. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your TWD to CNY money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Taiwan to China. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Taiwan to China exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Chinese Yuan overseas.


Should I use my bank to transfer money from Taiwan to China?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low TWD to CNY exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Taiwan to China money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to China from Taiwan. They do this by letting you fund your transaction through your local bank account in Taiwan, and by allowing you to choose the payout to be your recipient's bank account in China. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Taiwan to China fast?

The speed of your New Taiwan Dollar to Chinese Yuan funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert TWD to CNY. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to China from Taiwan is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in China if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout CNY into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Taiwan bank to China bank transfer.


Which are the best money transfer companies to send money to China from Taiwan?

Comparing money transfer companies for sending money to China from Taiwan can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to China. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your New Taiwan Dollar to Chinese Yuan transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Chinese Yuan yield on every New Taiwan Dollar that you send.


Step by step guide to send money from Taiwan to China

With so many possible ways to transfer New Taiwan Dollar to Chinese Yuan, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Taiwan to China remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Taiwan and the receiver in China. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your TWD to Chinese Yuan money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.