Unicorn Currencies
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🇨🇦→🇹🇼

Send Money from Canada to Taiwan

Businesses in Canada paying Taiwan suppliers for Semiconductors. Send CAD from Canada, receive TWD in Taiwan with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local CAD collection + local TWD delivery = no correspondent bank fees

Save £2,223 per £100k Payment

Canada to Taiwan corridor savings

Traditional Bank
£2,728
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£505
  • ✓ T+0 (2.3s avg within Unicorn network)
  • ✓ Local CAD collection
  • ✓ Transparent 0.5% spread
  • ✓ FISC (Financial Information Service)
Your Savings
81%
£2,223 per £100k
At £300k-£3M monthly, save £5,563/year

Sending from Canada: What You Need to Know

CAD Origin Specifics

  • CAD commodity currency (tracks oil/resources)
  • Interac e-Transfer for fast payments
  • FINTRAC oversight

Your Local Advantages

  • Local CAD account available
  • EFT (Electronic Funds Transfer) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
EFT (Electronic Funds Transfer)
T+1 to T+3 • Canadian domestic bank transfers. Standard clearing.

Paying Suppliers in Taiwan: Compliance & Requirements

Regulatory Considerations

  • Central Bank of China (Taiwan) foreign exchange regulations
  • Customs declaration for imports
  • Business Tax (5%) on services
  • FSC Taiwan oversight

Payment Best Practices

  • Taiwan = Semiconductor capital (TSMC), electronics manufacturing
  • Strong SME ecosystem - flexible suppliers
  • Hsinchu Science Park = Tech manufacturing hub
  • Quality focused - rigorous testing standards
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via FISC (Financial Information Service)

Canada → Taiwan Corridor Insights

Popular Industries

  • Semiconductors
  • Electronics
  • Computer Hardware

Peak Trading Hours

EST/PST (GMT-5/-8) to GMT time zone consideration

Best for rate execution and faster settlement

Typical Volume

£50k-£250k

Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send CAD from Canada to Taiwan?

Save 81% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.

Open AccountView Taiwan Details

Bank of Canada registered PSP | FINTRAC licensed MSB