Unicorn Currencies
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Send Money from European Union to Taiwan

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

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

Save £2,223 per £100k Payment

European Union 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 EUR 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 European Union: What You Need to Know

EUR Origin Specifics

  • EUR single currency for 20 countries
  • SEPA instant payment network
  • GDPR compliance required

Your Local Advantages

  • Local EUR account available
  • SEPA (Single Euro Payments Area) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.

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)

European Union → Taiwan Corridor Insights

Popular Industries

  • Semiconductors
  • Electronics
  • Computer Hardware

Peak Trading Hours

CET (GMT+1) 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 EUR from European Union to Taiwan?

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

Open AccountView Taiwan Details

Bank of Canada registered PSP | FINTRAC licensed MSB