Migrant Workers’ Remittance Options to Their Home Countries

Migrant workers in Taiwan can transfer money back to their home countries through two channels:

1. Banks (e.g., Bangkok Bank charges a remittance fee of NT$600 per transaction)

2. Non-Bank Money Transfer Services – Approved by Taiwan’s Financial Supervisory Commission, two non-bank providers are allowed to use banking channels to send money overseas via partner banks or through convenience stores. These services allow 24/7 transfers via mobile apps, with funds arriving in the recipient’s account within hours.

Approved Non-Bank Remittance Providers:

1. EMQ (Taiwan)

• A Hong Kong-based remittance company serving Vietnamese, Indonesian, and Filipino workers (excluding Thai workers).

• Transfer Limits:

  • Per transaction: Max NT$30,000

  • Daily: Max NT$70,000

  • Monthly: Max NT$100,000

  • Yearly: Max NT$500,000

• Channels: Mobile app, ATM, online banking, and convenience stores.

2. Welldone (OK Card Agent)

• A phone card distributor now offering remittance services via convenience stores (fee: NT$99 per transfer).

• Exclusively approved for migrant worker remittances (serving Thai, Vietnamese, Indonesian, and Filipino workers).

• Transfer Limits:

  • Per transaction: Max NT$30,000

  • Monthly: Max NT$70,000

  • Yearly: Max NT$360,000

• Payment Locations: All convenience stores + 4 designated Welldone remittance branches.

• Required Documents:

  • ARC (Alien Resident Certificate, equivalent to an ID card)

  • Bank account number (for processing).

  • (Note: These services provide faster, more flexible remittance options compared to traditional bank transfers.)