UnionPay cards can be used to receive money in Taiwan. Taiwan's "Financial Supervisory Commission" has approved 18 banks on the island that accept UnionPay card withdrawals, including: "China Trust", Taipei Fubon, Cathay Pacific, Shanghai, Taishin, Yongfeng, Yushan, Shin Kong, South China, First, Changhua, Taiwan Enterprise Bank, Bank of Taiwan, Tudong Bank, Mega Bank, Taichung Commercial Bank, Kaohsiung Bank, Cooperative Bank, etc.
The upper limit of UnionPay card withdrawal amount in Taiwan is: RMB 10,000 (approximately NT$46,000) per day for a single card. The amount of a single withdrawal is in accordance with the current international debit card and credit card cash withdrawal regulations. It is NT$20,000. In terms of handling fees, withdrawals and cash advances are US$1 (approximately NT$31.4) per transaction, and balance inquiries are US$0.18 (approximately NT$5.6) per transaction.
Extended information:
Mainland bank cards can be used to withdraw cash in Taiwan. All bank cards with the China UnionPay logo can be used at ATMs in Taiwan with the UnionPay logo. Withdraw money, but China UnionPay ATMs in Taiwan can only provide Taiwan dollar withdrawal services. China UnionPay ATMs can convert based on the interest rate of the day.
Convert the amount of RMB you withdraw into Taiwan dollars and take it out from the cash machine. At the same time, a certain handling fee will be charged for each cash withdrawal. The handling fees in Taiwan are different from those in mainland China. It is charged according to the quota and according to the number of withdrawals. The handling fee for each transaction is kept at RMB ten to fifteen yuan, which is determined based on the price of the day.
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