New Zealand Money Transfers

How to send money to New Zealand

Take advantage of low fees and competitive exchange rates when sending money to New Zealand.

When you need to get money to a loved one overseas, the last thing you want to have to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to New Zealand doesn’t have to be expensive. Compare transfer fees and exchange rates u to get the most New Zealand dollars for your US dollar.
World First Foreign Exchange

World First International Money Transfers

Most Convenient money transfers with excellent customer service. Send to 140+ currencies in 45 countries.

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  • Enjoy competitive exchange rates.
  • Get even better exchange rates with forward contracts and limit orders.
  • Receive weekly updates on market exchange rates.

    Compare international money transfers to New Zealand

    Our comparison calculator lets you compare current fees, exchange rates, transfer speeds and other details about sending your money overseas. Enter the amount you’re transferring, and see how much will arrive to New Zealand.

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    Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

    With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

    • Buying property abroad
    • Emigrating
    • Regular overseas payments
    • Risk management
    • Forecasting
    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
    USD 1,000 1 day USD 0.00 1.453 Online, Phone, Bank Account to Bank Account NZD 7,266 Exclusive offer: $0 transfer fee
    No-limit transfers with competitive exchange rates for 100+ currencies.
    Go to site Show details
    USD 1 3 - 5 days USD 50.00 1.458 Online NZD
    7,219
    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
    1 day - - Online, Phone, Bank Account to Bank Account Exclusive exchange rate discounts
    No-maximum limit transfers with competitive exchange rates for 100+ currencies.
    Go to site Show details
    USD 100 3 - 5 days USD 5.00 1.452 Online, Phone NZD 7,252 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site Show details
    USD 1 Within an hour - - Online, Bank Account to Bank Account, Cash Transfer Use promo code FREE to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

    Compare up to 4 providers

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    How do international money transfers work?

    An international money transfer allows you to send money to someone overseas. Generally, you can choose a bank or transfer service to make the transfer, allowing your recipient to access the money online, in their bank account or in person at a specified location.

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    Banks vs. money transfer providers

    Think the obvious way to send money abroad is through your bank? It may also be the slowest and priciest. With high fees and weak exchange rates means your recipient will get less New Zealand dollars.

    You can save time and money by using money transfer companies that specialize in transferring money all over the world. They offer low fees, and most take a minimal cut of the exchange rate. You pay less upfront, and your recipient gets more NZDs down under.

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    Samantha sends money to New Zealand

    Samantha lives in Oregon and wants to send $500 to Dunedin to help her nephew Liam fix his car. She calls her bank and is stunned by their fees and exchange rates for a wire transfer. After searching online, she finds a money transfer company that will let her help Liam for less.

    BankTransfer company
    Exchange rate1 USD = 1.31 NZD1 USD = 1.41 NZD
    Transfer fee$45$0
    Transfer methodBank account withdrawalBank account withdrawal
    Transfer time2 business days1 business day
    Total NZD received655 NZD705 NZD

    As the table shows, Aunt Samantha can send Liam an extra 50 NZD on the exchange rate alone by using the transfer company. And she’ll save the $45 transfer fee on her end.

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    How to compare transfer companies when transferring money to New Zealand

    You’ll want to consider costs, of course. But other factors can also affect your choice.

    • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
    • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
    • Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pickups. Also ask how your recipient can receive your funds: bank account, cash pickup, mobile wallet and more.
    • Transfer speeds. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
    • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate —especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
    • Flexible transfer options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
    • Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.
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    FOREIGN EXCHANGE RATES EXPLAINED

    The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Most countries’ exchange rates are flexible, which means they can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

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    How to send money to New Zealand

    Whether you send money through your bank, a money transfer provider or any other option, you’ll need to first register for an account with a provider, supplying your name, address, contact details, proof of ID and information about your selected payment method. Keep a record of any transaction reference number you receive so that you can review the progress of your transfer.

    Ways to send money to New Zealand from the US

    • Bank transfers. Many major US banks will allow you to send money to New Zealand.
    • Money transfer providers. Providers like Ria and World First can help you quickly and easily transfer your money online.
    • Providers with cash pickup. Western Union and MoneyGram allow you to send funds for cash pickup at agent locations.
    • PayPal. Electronic payment giant PayPal allows you to send money from the US to New Zealand.
    • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or US Postal Service.
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    Find a money transfer location near you

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    Sending emergency money to New Zealand

    You might need to send an emergency cash transfer to New Zealand — for example, if a friend traveling through New Zealand has a medical emergency. When you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option. Carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.

    Picking up cash at a money transfer branch

    Whether picking up funds in Auckland or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.

    • Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
    • Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
    • Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
    • Keep your cash hidden. Place your money in your purse or wallet before leaving the office. Carrying cash out in the open could make you a target.
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    How safe is a money transfer?

    When processed through a reputable provider, your funds are safely tracked until in the hands of your recipient. When sending money internationally, federal protections are in place that require banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

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    Bottom line

    Overseas money transfers are easy, no matter which method you choose. But knowing how to compare your options gives you a leg up in terms of cost, rates and transfer speeds. An informed choice is your better choice.

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    US International Money Transfers Offers

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    HiFX International Money Transfers

    Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

    WorldRemit International Money Transfers

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    World First Foreign Exchange

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    TransferWise International Money Transfers

    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.