Money and duty free for Taiwan
Currency and Money
Currency information
New Taiwan Dollar (TWD; symbol NT$) = 100 cents. Banknotes are in denominations of NT $2,000, 1,000, 500, 200 and 100. Coins are in denominations of NT $50, 20, 10, 5 and 1.
Credit cards
Credit cards such as Visa, MasterCard, and JCB are widely accepted in hotels, department stores, major restaurants, and large shops. However, smaller businesses, street vendors, and night market stalls often prefer cash, so it's best to carry some with you.
ATM
ATMs are widely available and many accept international cards, especially those located in 7-Eleven, FamilyMart, and major banks. Machines typically have English-language options. Some ATMs may charge a small fee for foreign withdrawals, and daily limits may apply depending on your home bank.
Banking hours
Mon-Fri 09:00-15:30.
Currency restrictions
There are no restrictions on the amount of foreign currency that can be brought into Taiwan, but amounts over US $10,000 (or the equivalent) must be declared on arrival. The same rule applies when leaving the country. The export of more than NT $100,000 in local currency is also restricted and must be declared.
Currency exchange
Foreign currency can be exchanged at airports, major banks, and authorised money changers.
Taiwan duty free
Overview
The following items may be imported by travellers without incurring customs duty:
• Alcohol: Up to 1.5L (visitors aged 18 or over).
• Tobacco: 200 cigarettes or 25 cigars or 1 pound (454g) of smoking tobacco (visitors aged 20 or over).
• Used personal effects: Items owned and used by the passenger, with a customs value less than NT $10,000 per item.
• Other personal items: Additional goods for personal or household use, with a total customs value not exceeding NT $20,000.
Banned Imports
Banned imports are narcotics and their derivatives (including poppy, coca, and cannabis seeds), firearms, ammunition, explosives, counterfeit currencies and securities, articles infringing upon intellectual property rights, and live animals or protected wildlife products.
Banned Exports
Banned exports are narcotics and their derivatives, firearms, ammunition, explosives, counterfeit currencies and securities, articles infringing upon intellectual property rights, and antiquities as specified in the Cultural Heritage Preservation Act.
