Currency

CURRENCY
The Republic of China's unit of currency is the New Taiwan Dollar (NT$), which has five denominations in paper money and five in coins. Paper money comes in NT$2000, NT$1000, NT$500, NT$200, and NT$100 denominations. Coins come in NT$50, NT$20, NT$10, NT$5 and NT$1 denominations. For different currencies, please visit the Currency Converter at
Currency Conversion 1,and Currency Conversion 2.

Foreign currencies can be exchanged at government-designated banks and hotels. Receipts are given when currency is exchanged, and must be presented in order to exchange unused NT dollars before departure. Major credit cards such as American Express, Master Card, Visa, and Diners Club are accepted and traveler's checks may be cashed at foreign-exchange banks, some tourist-oriented businesses, and (by room guests) most international tourist hotels. To make Taiwan's banknotes and coins more difficult to counterfeit, on July 1, 2002 the island's Central Bank of China issued new NT$2,000 notes and discontinued the circulation of some old notes and coins, as follows:

NOTES :
Notes bearing the inscription "Bank of Taiwan" in denominations of NT$1,000, NT$500, NT$100, and NT$50.

COINS :
Brass-colored NT$50 coins issued in 1992 and 1993, with a plum blossom and rays of light on the face and "Fifty Yuan" and "50" on the obverse, and with 50 plum blossoms on the edge. The old notes and coins may be exchanged for notes and coins of equal value at Bank of Taiwan branches. For further information about New Taiwan Dollar notes, please visit the
Central Bank of China website.



FOREIGN CURRENCY EXCHANGE
 

Taipei Bank 50, Chung-Shan N. Road, Sec. 2, Taipei 02-25425656
International Bank of Taipei 36, Nanking E. Road, Sec. 3, Taipei 02-25063333
Taiwan Cooperative Bank 77, Kuan-Chieng Road, Taipei 02-23118811
First Commercial Bank 30,Chung-Ching S. Road, Sec.1, Taipei 02-23481111
Chang Hwa Bank 27,Chung-Ching S. Road, Sec.1, Taipei 02-23617211
Hua Nan Commercial Bank 38, Chung-Ching S. Road, Sec. 1, Taipei 02-23713111

United World Chinese Commercial Bank

65, Kuan-Chieng Road, Taipei 02-23125555

The Shanghai Commercial & Savings Bank, LTD.

2, Ming-Chuan E. Road, Sec.1, Taipei 02-25817111
Bank of overseas Chinese 8, Hsiang-Yang Road, Taipei 02-23715181
Bank of Taiwan 120, Chung-Ching S. Road, Sec. 1, Taipei 02-23493456

Mizuro Financial Group - The Dia-Ichi Kangyo Bank, LTD.

167, Tuen-Hwa N. Road, Taipei 02-27153911
CitiBank 52, Ming-Sheng E. Road, Sec. 4, Taipei 02-27155931

OFFICE HOURS : (Mon.-Fri.) 09:00 - 15:30

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Information provided by Tourism Bureau, Rep. of China.

 

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