fh2000 wrote:I sent money from US to Taiwan, so my experience may not be universal. What I did was, I got a hold of the phone number of the bank in Taiwan that my relative has an account. I called the bank and asked for options. I found out that the cheapest way for me is to send my relative in Taiwan a US personal check. My relative deposit this check in his local branch in Taiwan. The bank charges him 1100 NTD. Wire transfer would cost me more in total fees. The downside of depositing a personal check in the bank in Taiwan, is that the bank holds the money for 3 weeks.
I guess this example would work by writing a check to oneself from own account in the US (or other country) and deposit in own local account (if have a local account).
What is the best way to either one time or reguarly transfer money to Taiwan or to a Taiwan bank account?