The Bank of Taiwan (臺灣銀行) and the Land Bank of Taiwan (土地銀行) have launched various measures to facilitate direct currency exchanges between the yuan and the NT dollar since the opening of currency trading services late last month.
In addition to its initial 15 outlets, the Land Band of Taiwan recently set up 45 new service centers at its branches in Keelung, Ilan, Banciao (板橋), Kaohsiung and many other locations around the country to handle exchanges of the two currencies.
Meanwhile, the Bank of Taiwan launched an “order online and pick up at the airport” service to allow customers to buy yuan at its Web site and withdraw the banknotes the following day at the bank’s foreign exchange counter at Taiwan Taoyuan International Airport and Kaohsiung International Airport.
The online foreign currency exchange service will not only be more convenient and time saving, but will also ensure that buyers obtain sufficient foreign currency at preferential exchange rates, a spokesman for the Bank said yesterday.
Foreign currencies covered in the service include the US dollar, the Hong Kong dollar, the British pound, the Australian dollar, the Canadian dollar, the Singapore dollar, the Swiss franc, the Japanese yen, the New Zealand dollar, the Thai baht, the Indonesia rupiah, the euro, the South Korean won, the Malaysian ringgit, the Swedish krona, the Philippine peso and the Vietnamese dong.