Taiwan, an island of modern cities, traditional Chinese temples, and vibrant cultural landscapes, offers a journey through its bustling night markets and tranquil mountainous regions. From the skyscrapers of Taipei and the scenic cliffs of Taroko Gorge to the historic townships of Tainan and the serene Sun Moon Lake, Taiwan is a blend of the new and the old. Navigating this diverse island requires an understanding of the local cash, the use of cash and ATMs in Taiwan, and available payment options. This guide will equip you with the financial insights needed to explore Taiwan’s technological marvels and natural beauty with ease, ensuring a journey that intertwines the contemporary with the traditional, filled with discovery and cultural enrichment.
You may also enjoy reading Ultimate guide on how to travel on a budget in 2025.
Where can I find ATMs in Taiwan?
Taiwan has over 29,000 ATMs, found at:
You can find ATMs at:
- Large airports,
- Stores that offer convenience,
- Places where people gather in a community,
- Popular streets in large cities,
- Large retail complexes,
- Food lanes,
- Branches of banks,
- Corporate buildings.
It will be difficult to find ATMs in:
- Compact and straightforward airports,
- Islands,
- Bus stops in the region,
- Village interiors,
- In lesser-known areas, away from the bustle,
- Places of worship,
- Remote resorts and retreats.
Best ATMs to use in Taiwan for foreigners
The best ATMs for foreigners to use in Taiwan are those owned by popular banks such as:
Bank of Taiwan,
Mega International Bank,
TaipeiFubon,
Cathay United,
Hua Nan,
ChangHwa Bank,
Kaohsiung Bank,
HSBC, and
Cooperative Bank.
Don’t accept conversion at ATMs and withdraw only in local currency
In Taiwan, some ATMs may ask – Accept OR Decline Conversion (also known as With or Without Conversion, or Charge in TWD).
- If you ‘Accept’ – ATM converts your money at ATM’s set exchange rate and you pay an extra % fee to the ATM for currency conversion also.
- If you ‘Decline’ – ATM will convert at exchange rate of the bank/card logo (Visa, Master, etc.).
So, to avoid extra fees while withdrawing cash in Taiwan, select ‘Decline/Without’ Conversion or ‘Charge in TWD’.
If you’d like to understand more, read ATM fees abroad: Charges to use cards at foreign ATMs explained.
Can I use a foreign debit or credit card at an ATM in Taiwan?
Yes, many foreign debit and credit cards are widely accepted at ATMs in Taiwan. ATMs commonly accept Visa and Mastercards. Some of them also accept Plus and Cirrus cards. Only some accept American Express, Diners, Discover cards. Others like CUP, JCB, Maestro or Rupay cards are usually not accepted.
For a detailed guide, read Money and Currency in Taiwan.
What are the ATM opening hours?
ATMs – In most cases, yes, they are open around the clock, every day of the year 24×7. You should have no trouble getting to any of them at any hour of the day or night because many of them are self-contained ATMs. Depending on the location, some bank branches may only be open from 9 am to 3 pm.
What do they call ATMs in Taiwan?
ATMs usually have the word ‘ATM’ on them or it can be written in Mandarin also. The ATMs almost always have the bank’s name in Mandarin and English on it.
PIN type
ATM PIN Length in Taiwan: Usually, PINs with 4-digits are accepted.
Accepting both magnetic stripe and chip cards, although chip-and-PIN cards are preferred.
Languages at ATMs in Taiwan
By default, ATMs in Taiwan offer two language options – Mandarin and English. If you’re not familiar with these languages, that’s perfectly fine. Translate the options on your phone in real time using Google Translate’s camera function. Please note that these translations may not always be completely accurate. It is important to take your time and avoid rushing through the transaction.
You can use Google Translate’s camera feature to get real-time translations of your phone’s menu options to translate the ATM screen. Feel free to take your time and not rush through the transaction. Just keep in mind that these translations may not always be 100% accurate.
Do ATMs in Taiwan work similarly as other countries?
Yes, they are similar in terms of the steps you will conduct on the machine to take out money. But these ATMs do tend to have lots of words and phrases written in Mandarin so it can get confusing. Also, some of the ATMs will take your card fully inside during the transaction so be sure to take it back.
Join the discussion, read and share cash related travel experiences on ATM Fee Saver’s Community Travel Forum at Money & Travel in Asia.
What currencies can I withdraw from ATMs in Taiwan?
ATMs in Taiwan dispense only the official currency New Taiwan Dollar (TWD).
ATM withdrawal limits in Taiwan?
ATMs in Taiwan have a maximum withdrawal limit per transaction of NT$ 20,000 (New Taiwanese Dollar). There are usually no limits on number of transactions per day.
ATM Fees in Taiwan?
There are many fee-free ATMs in Taiwan. Some bank ATMs charge NT$ 100 per transaction (New Taiwanese Dollar) as ATM Fees to foreign cardholders and many bank ATMs (including some of them within convenience stores even) do not charge ATM fees. So, there are many fee-free options in Taiwan for a foreign cardholder.
Apart from ATM Access Fees, there can be other potential charges to withdraw cash in Taiwan – something every traveller handling cash in Taiwan should be aware of. These are:
- Currency Conversion Fees (Accept or Decline Conversion)
- Your Bank’s currency conversion fee – Some banks charge the card holder a fee to use the card abroad. Cross check with your bank on what the charges are.
How to avoid high fees when withdrawing cash in Taiwan?
- Use the fee-free or lower fee ATMs in the country.
- Use the ATM Fee Saver app to find fee-free or low-fee ATMs.
- Opt for “Decline Conversion” or “Without Conversion” during ATM transactions.
- Consider getting a fee-free travel card from your home country.
- Get one Visa and one Mastercard fee-free cards as some ATMs abroad accept only Visa and some only Mastercard.
- Avoid using ATMs at the airports, sometimes they have higher fees.
For a detailed guide, read Withdrawing cash abroad? 9 best ways to save foreign ATM fees.
Ways to find fee-free ATMs in Taiwan?
Discover fee-free and low-fee ATMs on the ATM Fee Saver mobile app for iOS and Android. This app provides ATM PINs and details of leading bank ATMs such as ATM fees and withdrawal limits for foreign cardholders at ATMs in Taiwan. Moreover, its simple fee calculator helps you determine exact withdrawal charges. You can also find cash tips and tricks on the app for 160+ countries including Taiwan.
Download now from the App Store or Play Store.
Download ATM Fee Saver now.
Is it safe to use Taiwan ATMs?
Generally, yes. There are numerous ATMs equipped with surveillance cameras and security personnel. Crime rates near ATMs are low.
To be safe, use precautions such as:
- Use the ATMs located inside bank branches instead of standalone ones.
- Avoid using ATMs on empty streets or late at night.
- Keep your card visible at all times.
- Cover the PIN pad with the palm of your hand to avoid revealing your PIN to hidden cameras.
- If you find any suspicious devices attached around the keypad area of the ATM, do not use the ATM.
- Be aware of your surroundings, if you see suspicious people, move away.
- Keep two or more cards as backup.
- If also using your mobile phone for the transaction, avoid using public Wi-Fi. Use VPN for extra protection.
Frequently Asked Questions
What to do if an ATM takes your card?
If an ATM in Taiwan takes your card, contact the bank (if you used an ATM inside a bank branch), they may retreive your card if you have proof of identity. You can also contact the bank’s helpline but they usually retreive and resend new cards only for their own customers. If so, you’ll need to contact your own bank and ask them to deliver a new card at home or abroad.
Fee-free ATMs and possible to withdraw cash free of cost at ATMs here?
Yes, it is possible. There are many fee-free ATMs in Taiwan. Some bank ATMs charge NT$ 100 per transaction (New Taiwanese Dollar) as ATM Fees to foreign cardholders and many bank ATMs (including some of them within convenience stores even) do not charge ATM fees. So, there are many fee-free options in Taiwan for a foreign cardholder.
Foreign cards from US, UK, India, China, Europe, Australia accepted at ATMs in Taiwan?
Yes. Cards from various countries can typically be used at ATMs in Taiwan.
Bitcoin ATMs?
There are Bitcoin ATMs available, in prominent cities such as Taipei.
Foreign bank ATMs’ in Taiwan
Bank of America: Bank of America ATMs are not available in Taiwan.
Citibank: None.
Barclays: There are no Barclays ATMs available in Taiwan.
HSBC: Taiwan does have HSBC ATMs available.
Standard Chartered: Taiwan does have Standard Chartered ATMs available.
