Banks and Malls with Best Currency Exchange Rates in Taipei

Taipei Travel Guides / March 24, 2017
Banks and Malls with Best Currency Exchange Rates in Taipei Image credit: 霧隱虎

The official currency of Taiwan is called the New Taiwan Dollar, with international currency code TWD and its abbreviation is NT$. Banknotes are issued in NT$100, NT$ 200, NT$500, NT$1000, and NT$2000. Coins come in denominations of NT$50, NT$10, NT$5, and NT$1.

Currency exchange service in Taiwan is strictly regulated by the government. You can only exchange money at banks or authorised businesses. There is no independent money changers on the streets like in other Asian cities.

For that reason, local banks are the ones that offer the best exchange rates in the market. These are reputable big local banks: Bank of Taiwan, China Trust Bank, and South China Commercial Bank.

Aside from banks, most malls and department stores offer currency exchange services. These forex shops are normally located at the customer service kiosks or information desks. Malls are a good alternative to banks because of the longer business hours. They are also easy to locate given their huge structures.

You can also withdraw local currency at ATMs. Just check with your bank first about the oversea transaction charges.

For more information on best places to exchange money in Taipei, read the list below that includes mall and banks near tourist spots in the city.

We also provide information about the currency exchange service at Taipei 101 Mall, for your convenience.

Remember to bring your passport or valid ID since it is required for a money exchange transaction.

1. Bank Branches near Tourist Areas in Taipei

Bank Branches near Tourist Areas in Taipei Image credit: 玄史生

Since banks are the primary institutions for currency exchange in Taiwan, we have included a list of banks near popular tourist spots in Taipei for you to check out.

If you happen to visit the Longshan Temple, Chang Kai Shek Memorial Hall, or the National Museum, this list gives you information on nearby banks where you can exchange your money.

Take note of the limited banking hours and what currencies are accepted. It is highly advised that you call before going to ask for all the information that you need.

Recommended bank branches in the vicinity of Longshan Temple
1) Taiwan Business Bank near Longshan Temple

  • Accepts USD, AUD, CAD, HKD, GBP, SGD, ZAR, SEK, CHF, JPY, THB, EUR, and NZD
  • This is just a short walk from Longshan Temple and Mengxia Park
  • Address: No. 146 Guangzhou St, Wanhua District, Taipei, Taiwan
  • Phone: +886 2 2338 7171
  • Opening hours: Monday to Friday 09:00 – 15:30
  • Daily rates: https://www.tbb.com.tw/eng_3_2_1.html

2) Sinopac Bank near Longshan Temple

  • This is located a few meters to the east of Longshan Temple and Mengxia Park, across the Bopiliao Historical Block
  • Address: No. 280, Kangding Rd, Wanhua District, Taipei, Taiwan
  • Phone: +886 2 2302 3485
  • Opening hours: Monday to Friday 09:00 – 15:30
  • Daily rates: http://bank.sinopac.com.cn/service/bspcn_exchangerate.asp

Recommended bank branches in the vicinity of Chang Kai Shek Memorial Hall
1) Bank of Taiwan near Chang Kai Shek Memorial Hall

  • Accepts USD, HKD, GBP, AUD, CAD, JPY, SEK, EUR, SGD, CHF, NZD, THB, PHP, IDR, KRW, VND, MYR, and CNY/RMB
  • This is 5 minutes on foot from Chiang Kai-shek Memorial Hall Dazhong Gate
  • Address: No. 21, Zhongshan S Rd, Zhongzheng District, Taipei, Taiwan
  • Phone: +886 2 2343 1100
  • Opening hours: Monday to Saturday 09:00 – 18:00*

2) Taipei Fubon Bank near Chang Kai Shek Memorial Hall

  • Accepts USD, EUR, JPY, HKD, and CNY/RMB
  • This place is just a 4-minute walk from Chiang Kai-shek Memorial Hall South Gate
  • It is across Chang Kai Shek Memorial Hall Station Exit 3
  • Address: No. 17, Jinhua St, Zhongzheng District, Taipei, Taiwan
  • Phone: +886 2 2397 1640
  • Opening hours: Monday to Friday 09:00 – 15:30

Recommended bank branches in the vicinity of Taiwan National Museum
1) Taipei Fubon Bank near Taiwan National Museum

  • Accepts USD, EUR, JPY, HKD, and CNY/RMB
  • This is just a 2-minute walk from Taiwan National Museum
  • Address: No. 9, Xiangyang Rd, Zhongzheng District, Taipei, Taiwan
  • Phone: +886 2 2388 5889
  • Opening hours: Monday to Friday 09:00 – 15:30

2) Taiwan Cooperative Bank near Taiwan National Museum

  • This branch is just 3 minutes on foot from Taiwan National Museum
  • Address: No. 77, Guanqian Rd, Zhongzheng District, Taipei, Taiwan
  • Phone: +886 2 2311 8811
  • Opening hours: Monday to Friday 09:00 – 15:30

3) CTBC near Taiwan National Museum

  • This branch is a 5-minute walk from Taiwan National Museum
  • Address: No. 83, Section 1, Chongqing S Rd, Zhongzheng District, Taipei, Taiwan
  • Phone: +886 2 2381 8740
  • Opening hours: Monday to Friday 09:00 – 17:00
  • Daily rates: https://www.ctbcbank.com/CTCBPortalWeb/toPage?id=TW_RB_CM_ebank_018001

* Opening hours might differ, so it is best to call the branch before visiting.

2. Shin Kong Mitsukoshi Currency Exchange Service

Shin Kong Mitsukoshi Currency Exchange Service Image credit: 霧隱虎

Shin Kong Mitsukoshi is a popular department store in Taiwan that has in-house currency exchange booths.

This shopping haven has 4 branches in Taipei that are located near metro stations and local places of interest. If you are visiting Taipei 101, you can easily walk northward to the store’s Xinyi branch.

The money changing shops at Shin Kong Mitsukoshi only accept USD, JPY, EUR, AUD, CNY/RMB, and HKD.

Branches
1) Shin Kong Mitsukoshi @ Taipei Nanxi

  • This is just a minute on foot from Zhongshan station
  • Address: 9F (Store 1)/ 5F (Store 2)/ 4F (Store 3), Shin Kong Mitsukoshi, 12 Nanjing West Road, Zhongshan District, Taipei, Taiwan
  • Phone: +886 2 2568-2868
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

2) Shin Kong Mitsukoshi @Taipei Station

  • The branch is a-minute walk from Taipei Main Station
  • Address: 1F Shin Kong Mitsukoshi, 66 Zhongxiao West Road, Section 1, Zhongzheng District, Taipei, Taiwan
  • Phone: +886 2 2388-5552
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

3) Shin Kong Mitsukoshi @ Xinyi Place

  • It is situated between Songshou Square Park and Lutheran Square, less than 15 minutes on foot to the north of Taipei 101
  • Address: 19 Songgao Road, Xinyi District, Taipei, Taiwan
  • Phone: +886 2 8789-5599
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

4) Shin Kong Mitsukoshi @ Taipei Tianmu

  • This branch is within walking distance from Tianfu Park, Tianhe Park, and Tianmu Baseball Stadium
  • Address: Building B-1F, 68 Tienmu East Road, Shilin District, Taipei, Taiwan
  • Phone: +886 2 2875-6000
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

3. Pacific SOGO Currency Exchange Service

Pacific SOGO Currency Exchange Service Image credit: 霧隱虎

Pacific SOGO is another popular department store chain in Taipei that offer in-house currency exchange service. It opened its first store in Taipei in 1987.

Pacific SOGO has 9 branches in Taiwan. Four of them are located in Taipei, near metro stations and local landmarks.

If you are passing through the beautiful Renai Dunnan Traffic Circle, you can drop by Pacific SOGO’s Dunhua branch, located at the northern side of the circle.

Look for the customer service or information desk to exchange your money.

Branches
1) Pacific SOGO @ Zhongxiao East Road

  • This is just a few steps from Liugongzhen Park and Zhongxiao Fuxing Station Exit 4
  • Address: Information Desk 1F Pacific SOGO, No. 45 Section 4, Zhongxiao E Rd, Da’an District, Taipei City, Taiwan
  • Phone: +886 2 2771 – 3171
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

2) Pacific SOGO @ Zhongxiao Fuxing Station

  • The branch is just a stone’s throw away from the above mentioned store, near Zhongxiao Fuxing Station Exit 2
  • Address: Information Desk B2 Pacific SOGO, No.300, Sec. 3, Zhongxiao E. Rd., Da’an Dist., Taipei, Taiwan
  • Phone: +886 2 2776 5555
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

3) Pacific SOGO @ Dunhua South Road

  • This branch is less than 5 minutes on foot to the north from Renai Dunnan Circle
  • Address: Customer Service Center 4F Pacific SOGO, No.246, Sec. 1, Dunhua S. Rd., Da’an Dist., Taipei, Taiwan
  • Phone: +886 2 2777 1371
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

4) Pacific SOGO @ Tianmu

  • The branch is less than 5 minutes on foot from Zhongcheng Park
  • Address: Information Desk 1F Pacific SOGO, No.77, Sec. 6, Zhongshan N. Rd., Shilin Dist., Taipei, Taiwan
  • Phone: +886 2 2834 – 5000
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00

4. Breeze Center Currency Exchange Service

Breeze Center Currency Exchange Service Image credit: Padai

Breeze is a popular mall and department store chain in Taipei that also offers currency exchange services in its outlets. It was established in 2001 and has grown into 8 stores in Taipei.

Its flagship store is the Breeze Center at Fuxin South Road, which is adjacent to the beverage museum of HeySong Corporation. Breeze also has a branch near Taipei 101.

If you go shopping at any Breeze store, you can exchange your money at their customer service desk. They only accept USD, JPY, HKD, and CNY/RMB.

Recommended branches
1) Breeze Center @ Fuxing

  • This branch is within walking distance from Nanjing Fuxing Station
  • Address: No. 39, Section 1, Fuxing South Road, Songshan District, Taipei, Taiwan
  • Phone: +886 809 008 888
  • Opening hours: Sun to Wed 11:00 – 21:30; Thu to Sat 11:00 – 22:00

2) Breeze @ Song-gao Road

  • The place is within walking distance from Songshou Square Park, Lutheran Square, and Taipei 101
  • Address: Breeze Center Information Desk, No. 16 Song-Gao Rd., Taipei, Taiwan
  • Phone: +886 2 6636-9959
  • Opening hours: Sun to Wed 11:00 – 21:30; Thu to Sat 11:00 – 22:00

3) Breeze near Taipei Station

  • This branch is just 2 minutes on foot from Taipei Main Station Exit 4 and 5
  • Address: 100 North Road, Taipei, Taiwan
  • Phone: +886 2 6632-8999
  • Opening hours: Daily 10:00 – 22:00

4) Breeze near Taipei Arena

  • This is near the intersection on the northwest side of Taipei Arena.
  • Address: No. 337, Section 3, Nanjing E Rd, Songshan District, Taipei, Taiwan
  • Phone: +886 2 2175 0999
  • Opening hours: Daily 11:00 – 22:00

5) Breeze Center @ Xinyi

  • The branch is just a minute walk from Zhongxiao Dunhua Station.
  • Address: No.68, Sec. 5, Zhongxiao E. Rd., Xinyi Dist., Taipei, Taiwan
  • Phone: +886 2 6636-6699
  • Opening hours: Sun to Wed 11:00 – 21:30; Thu to Sat 11:00 – 22:00

5. Currency Exchange Service @ Taipei 101

Currency Exchange Service @ Taipei 101 Image credit: Jiang

Taipei 101 is the icon of Taipei and it is the most visited tourist destination in the city. Even travelers with busy schedules also find time to see the view of Taiwan from the top of the tower.

It is useful to know that the mall at Taipei 101 offers currency exchange service at its customer service center. This saves you from going around the city to look for a money exchange shop if you are planning a trip to Taipei 101.

Take note of the following accepted currencies and the maximum amount that you can exchange for Taiwan dollars:

  • USD = $2,000
  • EUR = €1,500
  • RMB = RMB15,000
  • HKD = $18,000
  • JPY = ¥2200,000
  • SGD = SGD 3,000

Customer service information

  • Address: Customer Service Center B1F Taipei 101 Mall, No.7, Sec. 5, Xinyi Rd., Xinyi Dist., Taipei City 110, Taiwan
  • Phone: +886 2 8101-8800
  • Opening hours: Sun to Thu 11:00 – 21:30; Fri & Sat 11:00 – 22:00