Thunes, a global payments company specialising in cross-border transactions, has expanded its Direct Global Network to Taiwan.
This expansion offers a real-time alternative to traditional cross-border payment systems for transfers to bank accounts in Taiwan.
The move enhances its Pay-to-Banks service, enabling real-time payouts in New Taiwan Dollars (TWD) and United States Dollars (USD) to individual and business bank accounts at all major banks in Taiwan.
The expansion strengthens Thunes‘ global network by establishing direct connections with banks in Taiwan, enabling faster and more efficient transactions.
Taiwan is a key hub for international trade and finance, with a strong demand for efficient cross-border transactions.
In January 2025, the country’s total exports reached US$38.7 billion, a 4.4% increase from January 2024.
The Taiwan Institute of Economic Research (TIER) forecasts GDP growth of 3.42% in 2025, driven by rising investments, private consumption, and exports.
This economic activity contributes to a growing market for international money transfers. Thunes’ direct banking connections aim to enhance speed, control, and reliability, ensuring a high success rate for cross-border transactions.
Floris de Kort, CEO at Thunes, said,
“Expanding Thunes’ proprietary Direct Global Network with our new payments corridor into Taiwan provides our Members with greater speed, control, visibility, protection, and cost efficiencies for real-time cross-border payments in one of Asia’s most vibrant financial markets.
This expansion underscores our commitment to global reach and industry-leading Quality of Service through direct connections, enabling our Members to seamlessly process payments worldwide, with the highest transaction success rates.”
Featured image credit: Edited from Freepik
