In Taiwan, do ATMs in convenience stores (7-Eleven, FamilyMart) charge higher fees than ATMs at banks?

11/20/2020 8:01:28 AM

As of 2020 November the ATMs located at MRT stations around Taipei provided by Cathay United Bank appear to now charge 4% fee of the entire transaction. So $20 to receive $500 plus any fees from the source bank (without specifying any exchange considerations). This is quite unexpected and new within the past 30 days.

FamilyMart ATMs currently have a more reasonable 100$NT fee, or about 3.50$US, and are widely available.

I intend to update this answer as more details become available.

12/6/2016 4:37:08 PM

If you use a bank ATM scattered around in the city (e.g. Taipei Fubon or First Bank), you won’t be charged with any fees, except the one that your bank takes to let you withdraw your money. The ATMs let you choose from a set of options like Cirrus and Plus, and they just work by returning to you cash and your card.

11/29/2016 11:51:11 PM

I’m a Taiwanese, ATMs are all the same, here’s some tips:

Withdrawal:

-use A(bank)’s card to withdraw money by A(bank)’s ATM: free

-use A(bank)’s card to withdraw money by B(bank)’s ATM: 6 TWD

Transfer:

-use A(bank)’s card to transfer money to A(bank)’s account by A(bank)’s ATM: free

-use A(bank)’s card to transfer money to B(bank)’s account by A(bank)’s ATM: 17 TWD

-use A(bank)’s card to transfer money to A(bank)’s account by A(bank)’s ATM: 17 TWD

-use A(bank)’s card to transfer money to A(bank)’s account by B(bank)’s ATM: 17 TWD

-use A(bank)’s card to transfer money to B(bank)’s account by B(bank)’s ATM: 17 TWD

I don’t know how come you got charged for 100 TWD but the rule of the fee is like this, hope these help. 🙂

Credit:stackoverflow.com‘

About me

Hello,My name is Aparna Patel,I’m a Travel Blogger and Photographer who travel the world full-time with my hubby.I like to share my travel experience.

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