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So, practically, when money is received in Taiwan you must provide a remittance classification (your bank will call and ask what the source/purpose of the funds is). Tiny primer on remittance classifications at the start of this post. I recommend having a read of the list of classifications and finding an appropriate one for describing your situation. That way when the bank calls, you can just give them the exact wording and code and they’ll be happy. Amounts over 500k NT are treated with a bit more care than amounts below, but in general it’s a painless process.