Which type of bank account is best for everyday transactions in Taiwan?

The most suitable bank account for day-to-day transactions will vary based on the specific requirements of the person or company. A checking account is typically utilized for everyday transactions, providing services such as writing checks, using a debit card, and paying bills online, whereas a savings account is perfect for saving money and accruing interest gradually. Taiwan’s banks offer businesses competitive fees, which helps create a financially advantageous environment for businesses to succeed.