Summary of how much RMB is exchanged for 100 yuan in Taiwan

1. How much is 100 yuan exchanged for RMB in Taiwan and how to exchange it for Taiwan dollars

The current NT$100 banknote in Taiwan Can be exchanged for 22 yuan.

When you arrive in Taiwan, it is most cost-effective to change money at the airport. When you enter Taiwan, it's also very cost-effective to change money at the bank. Some banks charge handling fees, but the first bank does not charge T, Cathay Bank does, and Taiwan Bank and so on. Each bank charges different fees, and the handling fee is not much, up to NT$100.

According to Taiwan government regulations, each person can only exchange 20,000 yuan per day. I suggest you not to bring too much cash, because the mainland customs has relevant regulations. The cash that Chinese people can carry when leaving the country must not exceed 5,000 US dollars, otherwise they must declare it. Currently, there are many merchants in Taiwan that can use China UnionPay cards or apply for VISA, MasterCard, American Express, JCB, etc. These are very useful in Taiwan.

: 2. How to exchange Taiwan dollars in China

1. According to the people's regulations, Taiwan dollars in the Bank of China cannot be directly converted into RMB at present. At present, banks generally do not accept Taiwan dollars. Only some banks in Fujian have opened exchange services.

2. For the exchange of Taiwan dollars and RMB, it is necessary to cross-calculate the exchange rates of the two currencies against the US dollar. Exchange rates fluctuate every day. General concept: 1 yuan is equivalent to 4 Taiwan dollars.

3. How to exchange Taiwan dollars in mainland China

Exchange at the bank, according to the current real-time exchange rate: NT$1 = 0.2264 RMB, based on the transaction price at the bank counter.

How to exchange Taiwan dollars into RMB:

1. Exchange at the Bank of China in major cities in mainland China;

2. Exchange at the currency exchange point at the Capital Airport;

3. Exchange at Taiwan airports (such as Taipei Taoyuan Airport);

4. Exchange at banks or post offices in Taiwan;

5. At check-in Exchange at the hotel front desk or exchange points of some large commercial institutions;

6. Use UnionPay cards to make direct purchases in mainland China;

4. How to exchange Taiwan dollars for RMB

According to the current exchange rate, NT$100 is approximately NT$22.56, and NT$100 is approximately NT$442.21.

It can be exchanged at banks in mainland China, a major city in China, but it cannot be exchanged directly at banks in some cities in China. It can be converted into other currencies first and then converted indirectly. In addition, it is best to make a reservation at the counter 1 to 2 days in advance.

Designated banks are various commercial banks approved by the state to engage in foreign exchange business, such as Industrial and Commercial Bank of China, China Construction Bank, Bank of China, Bank of Communications, and Agricultural Bank of China. You can also go to China Merchants Bank, Shanghai Pudong Development Bank, China Everbright Bank, and CITIC bank.

:RMB 5. How to exchange RMB for Taiwan dollars

Yuan can be exchanged at various foreign exchange banks. Bank of China/Industrial and Commercial Bank of China/Agricultural Bank of China/Construction Bank/Bank of Communications are all foreign exchange banks, and the exchange rate changes every day (according to market demand, it is the same as stocks. The exchange rate of the same bank in different places is the same, and different bank exchange rates It is slightly different, so there is no handling fee for exchange, because the handling fee is included in the difference between the bank's selling and buying of foreign exchange.

It is recommended that you go to Bank of China to handle the relevant business. Go directly to the counter with your ID card to handle foreign exchange purchases. If you already have a Bank of China debit card, you can exchange RMB into Taiwan dollars at the self-service exchange machine.

6. Where to go. To change Taiwan dollars

If you want to change banknotes, you can only go to Bank of China. Other banks can only deposit it into your card. If you want to exchange it into RMB, you have to go to a first-level branch or a larger bank outlet. Foreign currency permissions at bank branches: 7. How to exchange Taiwan dollars into RMB in Taiwan

1. Exchange Taiwan dollars in mainland China

Currently, if you want to To exchange Taiwan dollars at a bank before going to China, you can only find Bank of China. Basically, you don’t need to exchange Taiwan dollars at other bank outlets. You need to make an appointment by phone or at the Bank of China counter 1-2 working days in advance, but generally speaking. , the exchange rate of Taiwan dollars at Bank of China is slightly worse

2. Exchange New Taiwan dollars at the airport

First of all, it is definitely not recommended to exchange Taiwan dollars at airport exchange offices in China

3. Exchange Taiwan dollars in Taiwan.

1) Exchange RMB into New Taiwan dollars at counters at Taoyuan, Songshan, and Kaohsiung Xiaogang airports: the handling fee is NT$30. Converting New Taiwan Dollars to Renminbi: The handling fee is NT$100. Taoyuan Airport Terminals 1 and 2 have bank counters for currency exchange before entry, at the baggage claim area, and after departure.

2) Chunghwa Post (Postal Savings Department) converts RMB into New Taiwan Dollars: no handling fee.

3) There are many banks in the city where you can exchange money. These banks do not require handling fees for money exchange, but mainland tourists must present relevant identity documents, such as entry and exit permits (Taiwan Entry Permit), or dependent residence permits, or long-term residence permits, before they can exchange money.

When you change money at the bank, have your documents ready.

Some banks also have to show their passes or passports (double certificates are usually required in Taiwan).

4. China UnionPay cards can be used to withdraw cash from ATMs in Taiwan

At ATMs in Taiwan, you can directly use China UnionPay cards (not credit cards) to withdraw cash (RMB will be deducted from your account) , using the UnionPay exchange rate of the day, which is relatively higher than the exchange rate for cash. Most mainland ATM cards used in Taiwan can only receive a maximum of NT$20,000 for a single withdrawal. The State Administration of Foreign Exchange requires that cash withdrawals abroad with UnionPay RMB cards in China shall not exceed the equivalent of RMB 10,000 per person per day, and shall not exceed the equivalent of RMB 100,000 per person per year. It's per person, not per card.

1) Currently, more than 80% of the 16,100 ATM machines in Taiwan have the UnionPay logo. 7-ELEVEN, FamilyMart and other convenience stores also have ATM machines with the UnionPay logo, which can be used directly.

2) There are 6,000 merchants in Taiwan where UnionPay cards can be swiped in mainland China, especially shopping places such as department stores. You can rest assured. However, some street shops and night markets still require cash. The consumption models that can be considered are: buying small things in Taiwan dollars, and paying large purchases directly with a card (credit card or UnionPay card), so that you don’t need to carry a lot of cash with you, and you don’t need to keep looking for a place to change money.

5. Use a credit card to make purchases in Taiwan.

There is no handling fee for holding a single-currency (UnionPay) credit card, and it will be directly converted into RMB for accounting according to the exchange rate announced by UnionPay. The usage is almost the same as on the mainland. When using a dual-currency credit card to make purchases overseas, please inform the merchant to go through the UnionPay channel first, as long as the merchant's POS machine or cash register has the UnionPay three-color logo.

1) Most department stores, shops, hotels, hotels, restaurants, and high-speed rail in Taiwan accept credit cards. Regardless of the issuing bank, the credit card is an international credit card such as UnionPay, Visa/mastercard/AmericanExpress, etc. As long as the card has these logos, it can be used.

2) Use cards abroad: Please try to shop and swipe cards at regular and large merchants, and don’t let your credit cards out of your sight. The back of the credit card must be signed and must be used by yourself, not borrowed. When you have access to the Internet, please check your credit card statement through online banking to see if there are any unusual purchases.

3) If you use dual ID cards (UnionPay visa or master), it is recommended that the cardholder actively asks the cashier to choose UnionPay network to ensure that you can enjoy all the benefits of UnionPay network. Since credit cards have certain consumption limits, it is recommended to use UnionPay debit cards for large purchases. Debit card consumption is only limited by the account balance.

Development

People in Taiwan use WeChat to transfer money to friends in mainland China: Conditions and steps:

1. Register a WeChat ID and bind it to mainlandChina in the WeChat wallet Apply for a bank debit card.

2. The debit card requires a RMB deposit, or convert New Taiwan Dollars into RMB through online banking.

3. Select the mainland friend you want to transfer in WeChat, click the plus sign - select transfer.

4. Fill in the transfer amount on the transfer page - transfer, select the payment method, enter the payment password, and complete the transfer.

The above information is for reference only and is subject to actual conditions.

: After leaving Taiwan from 2010 to 1010, the New Taiwan dollar was easily exchanged in Hong Kong and Macau, but it was a very inconvenient coin in other parts of the world, including mainland China.

It is best to exchange it in Taiwan, followed by street reform in Hong Kong and Macau (never exchange it at the Hong Kong Airport)

Banks, post offices and airports in Taiwan can exchange RMB. The exchange rates of most banks in Taiwan are similar. The handling fee is NT$100 per transaction or a little more depending on the amount you exchange. However, the equivalent of bringing RMB out of Taiwan does not exceed US$10,000 (approximately 70,000 US dollars). RMB) does not need to be declared, but the equivalent of more than 10,000 US dollars must also be declared.

The most convenient place to exchange money is the exchange rate at the street exchange shops in Hong Kong and Macao. The exchange rates at these exchange shops are actually quite good, at least compared to The exchange rate at Hong Kong Airport is much better, and most of them are free of charge. However, sometimes there will be two conversions between New Taiwan Dollar and Hong Kong Dollar, and in some stores, the exchange rate between New Taiwan Dollar and RMB is direct.

8. How to exchange Taiwan dollars in Taiwan

Go to the bank to exchange Taiwan dollars for RMB. The New Taiwan dollar (currency code: twD; symbol: New Taiwan dollar) is a legal currency issued by the Central Bank of Taiwan, China. It will be issued and circulated on June 15, and its basic unit is yuan (referred to as yuan).

The current denominations of NTD coins are: 5 cents, 1 yuan, 5 yuan, 10 yuan, 20 yuan, and 50 yuan; The denominations of banknotes are: 100, 200, 500, 1000, 2000. The conversion method is: 1 circle = 10 cents = 100 cents.

Exchange rate inquiry channels:

1. Attach the foreign exchange market trends to the futures foreign exchange market software;

2. Major financial websites also have foreign exchange quotations;< /p>

3. You can also check the exchange rate through the foreign exchange inquiry tool that comes with your mobile phone;

4. Most mobile futures quotation software also has exchange rate quotes for major currencies;

Note : Exchange rates are constantly changing. When using it, please refer to the current exchange rate on the day you need. Exchanges at bank counters and online banking are subject to the real-time quotations at that time.