Exchange foreign currency abroad

When visiting some Southeast Asian countries, it is often necessary to exchange the local currency after landing. It may be exchanged at the local airport department store or the currency exchange on the street. The advantage is that the local currency exchange rate must be better than that in Taiwan, but if If you are worried or want to exchange some local currency in Taiwan first, the Bank of Taiwan provides "Online foreign exchange settlement Easy purchase’ might also be a good choice. You don’t need to make appointments with netizens, face-to-face exchange but get fake banknotes, or worry about many people queuing up at the local airport and delaying the itinerary, etc. It’s also a good choice to spend a little money in exchange for time so that travel can be less stressful.

"Online foreign exchange settlement Easy purchase"the website is https://fctc.bot.com.tw/

1. Click Apply Now

2. Read the detailed description and the agreement, tick "I have understood..." and press the button "I have read and agree".

3. Select the currency and withdrawal location. There are quite a few currencies that can be exchanged, such as Thai baht, Indonesian rupiah, and peso. This time, the exchange is for Philippine peso (PHP). You can choose the pick-up place at the airport or a branch near your home, and press the "Next" button after selection.

4. Then you will see the denomination of the banknotes to be withdrawn and the minimum withdrawal amount. Taking pesos as an example, you can exchange 1,000 pesos or 500 pesos for banknotes. The minimum exchange rate is 3,000 pesos, and the exchange rate is slightly higher. Confirm When finished, press the "Next" button.

5. Intimate reminder, press the "OK" button.

6. Agree to the service description and agreed matters, and press the "Agree" button.

7. Enter the basic information of the recipient, and press the "Next" button after the input is complete.

8. After confirming that the entered information is correct, press the "Confirm Transaction" button to complete the foreign currency exchange.

The rich man chooses "Internet ATM" to pay, so after confirming the transaction, he will receive an email titled "Taiwan Bank Easy Foreign Currency Cash Purchase System - Payment Notice", in which you can see the remittance account number and amount , Pay attention to the deadline.

After the payment is successful, you will receive another email with the title "Bank of Taiwan Easy Foreign Currency Cash Purchase System – Collection Notice", as shown in the picture below, and you are done, and then you can pick it up according to the scheduled time, Easy!

The rich man can get it at the foreign exchange department of the Bank of Taiwan branch near the Presidential Palace. It takes about 5 minutes to get it. It is very convenient and recommended!

further reading

After changing the peso, you can go abroad to play. If you need to go to the Philippines to exchange money, you can refer to the rich man’sCurrency Exchange Experience at Cebu PortThis article.