New Taiwan Dollar (TWD) = 100 cents. Notes are in denominations of TWD2000, 1000, 500, 200 and 100. Coins are in denominations of TWD50, 20, 10, 5 and 1.

All travellers are required to make a currency declaration in writing together with the baggage declaration. Unused currency can be reconverted on departure, on production of exchange receipts.

American Express, Mastercard, Visa and Diners Club are accepted in most hotels, restaurants and shops.

Cashed in most hotels, restaurants and shops. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars.

The import and export of local currency is limited to TWD40,000 and a permit from the Ministry of Finance is required for amounts over TWD8000. The import and export of foreign currency is unlimited, although amounts over US$10,000 must be declared on arrival. All exchange receipts must be retained.

Date	Jul 06
£1.00=	TWD59.79
$1.00=	TWD32.86

Mon-Fri 0900-1530.

The following items may be imported by persons over 20 years of age without incurring customs duty: 200 cigarettes or 25 cigars or 454g of tobacco; 1 bottle (not more than 1l) of alcoholic beverage; reasonable quantities of perfume; other goods for personal use up to the value of NT$20,000 (NT$10,000 for passengers under 20 years of age).

Narcotics, arms, ammunition, gambling articles, non-canned meat products, fresh fruit and toy pistols. Publications promoting communism are prohibited, as are items originating in Albania, Bulgaria, Cambodia, China (PR), Cuba, Korea (Dem Rep), Laos, Romania, Vietnam and members of the CIS. All baggage must be itemised and declared in writing.