East Asia & Pacific · GDP rank #20
Taiwan
TW · TWD @ 0.0318/USD
Tab 05
Cross-border
Inbound and outbound remittance corridors, tourism flows, FX markup on retail cross-border, and the country's posture on stablecoin adoption. Corridor figures come from the World Bank RPW feed or the publishing central bank; both are cited when they disagree.
Reported inbound corridors
1 corridor
Reported outbound corridors
3 corridors
Avg. consumer FX markup
Trend · compressing
Top inbound corridors
- United States$600.0M
3.2% cost
Top outbound corridors
- Indonesia$1.2B
via Chunghwa Post remittance, Taishin, E.SUN Bank · 4.8% cost
- Vietnam$800.0M
5.1% cost
- Philippines$700.0M
4.9% cost
FX cost
What consumers pay above the interbank
Retail FX markup is the spread between the mid-market rate and the rate the consumer receives — the single largest friction point in small-ticket cross-border.
Chunghwa Post's OFW remittance product at 0.8-1.2% is the lowest-cost channel for Indonesia/Vietnam/Philippines corridors.
Consumer FX markup vs 3% ceiling
Benchmark 3% is the G20 target for average remittance corridor cost; above the mark is expensive by policy standard.
Trend · compressing
Central Bank of the Republic of China (Taiwan) — CBC
FSC banned the use of stablecoins for domestic payments in 2022; licensed VASPs may trade USDT/USDC under strict AML registration, effective September 2024 amendments.