Best Way to Send Money from Ireland to Taiwan
Because banks shouldn't hide your money in spreads.
We expose the real cost of every transfer — the spread, the fees, the delivery time — and rank providers by what actually lands in your recipient's account. No sponsored ordering. Ever.
Which provider is cheapest to send money from Ireland to Taiwan in 2026?
Hover any card to see exactly what it costs you.
How has the EUR/TWD exchange rate changed recently?
vs Traditional Banks
You save up to TWD 2695
on a EUR 900 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending euros to Taiwan? The right provider can save you 3-8% versus an Irish bank wire. This guide breaks down fees, speed, and the best digital options for the EUR to TWD corridor in 2026.
In Taiwan, recipients can access funds directly at Bank of Taiwan, the country's largest financial institution. By using Wise instead of a traditional bank wire, your recipient gets approximately 1,530 TWD more on a $1,000 transfer — because digital providers pass the real exchange rate directly. Worth knowing about the local currency: Taiwan's NT$1,000 dollar note features children at play, symbolising the island's commitment to education and future generations.
Our verdict: Use Wise or Remitly for the cleanest mid-market rates and skip the bank wire — you'll save tens of euros on every transfer.
The EUR to TWD Corridor: Who's Sending and Why
Ireland to Taiwan isn't a high-volume corridor, but it's a sticky one. The senders are usually Irish expats teaching English in Taipei or Kaohsiung, Taiwanese professionals working at Dublin's tech and pharma giants sending money home, families supporting students at NTU or NCCU, and small importers paying suppliers in Taichung. If that's you, the EUR-TWD route has one quirk that matters: TWD is a partially controlled currency, so payouts run through Taiwan's banking rails rather than instant local schemes. That means the provider you pick determines almost everything about your cost and speed.
Hidden Fees: The Real Enemy Is the Exchange Rate
Forget the flat transfer fee for a second. On a €2,000 transfer, a €5 fee versus a €15 fee is trivial — €10 saved. The exchange rate markup is where banks quietly take €40, €60, sometimes €120 from the same transfer. Always check the mid-market rate on Google or XE before you send, then compare that number to what your provider quotes. The gap is your real cost. Bank of Ireland, AIB, and PTSB typically bake in a 3-5% markup on EUR-TWD, plus a SWIFT fee of €15-25, plus correspondent bank deductions you only see when the recipient counts what arrived.
Why Digital Providers Win This Route
Wise, Remitly, Revolut, and WorldRemit beat Irish high-street banks by roughly 3-8% on EUR to TWD, and the math is brutal once you run it on anything above €1,000. Wise is the cleanest pick for transparency — you see the mid-market rate and a single fee, no surprises. Revolut works well if you already hold a Revolut account and are sending modest amounts; weekend transfers carry a small markup, so plan for weekdays. Remitly is built for recurring family transfers and offers an Economy tier that drops the cost further if you can wait. WorldRemit lands somewhere in the middle and is worth pricing on the day you send, since rates shift.
Speed: Instant Versus Economy
Most digital providers offer two tracks. Instant or Express delivery lands within a few hours to one business day and costs more. Economy or Standard takes 1-3 business days and is meaningfully cheaper. Use Instant only when there's a real deadline — a tuition payment, a property deposit, a supplier invoice with a hard date. For everyday family support or savings transfers, Economy is the right call. Bank wires from Ireland, by contrast, usually take 2-5 business days and cost more than the fastest digital option, which is the worst of both worlds.
Delivery, Local Banks, and Regulations
Standard banking regulations apply for sending from Ireland to Taiwan, so you'll need the recipient's full name as it appears on their Taiwanese ID, their bank account number, and the receiving bank's SWIFT code. Most digital providers deliver directly to accounts at any major Taiwanese bank, including the two largest receiving institutions, CTBC Bank and Taipei Fubon Bank. One local detail worth knowing: Taiwan's central bank, the CBC, requires documentation for inbound remittances above NTD 500,000 (roughly €14,500), but everyday personal transfers fall well below that threshold and clear without friction.
Practical Tips: Timing, Thresholds, and Alerts
Send on a Tuesday or Wednesday morning Irish time. EUR-TWD liquidity is best when both European and Asian markets are active, and weekend rates carry hidden spreads at most providers. For amounts above €5,000, run a quote at three providers — the winner shifts depending on the day. Set a rate alert on Wise or XE for your target rate; EUR-TWD can move 1-2% in a week, which on a €10,000 transfer is the difference between a good deal and a great one. Avoid sending right before Taiwan's Lunar New Year if you can — banking volumes spike and processing slows.
The Bottom Line
For one-off transfers under €5,000, Wise is hard to beat. For recurring family support, Remitly's Economy tier wins on cost. For speed-critical payments, compare Wise Instant against Revolut on the day. Skip the bank wire unless you have no other option.