Best way to send money to New Zealand | finder.com
New Zealand Money Transfers

How to send money to New Zealand

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

Sending money to New Zealand has its own benefits. Because it’s a popular country, you’ll have plenty of selection when comparing transfer services. And because the US dollar is worth more than the New Zealand dollar, you’ll be able to send more money to your recipient. Before you get started on a transfer, compare fees and exchange rates of top providers to be sure you’re getting a good deal.
World First

Why we like: World First

Pay $0 fees to transfer money in more than 140 currencies to more than 45 countries overseas.

Convenient money transfers with excellent customer service and no transfer fee every day:

  • Enjoy competitive exchange rates.
  • Lock in low rates with forward contracts and limit orders.
  • Get weekly updates on the market.

    How do international money transfers work?

    International money transfers allow you to send money to someone in a different country and to convert your currency to theirs. Many people often go to their bank to do this, but there are more options available that can save you money. These companies perform dedicated money transfers that keep your costs low while offering you an exchange rate close to market value. And when the transfer is complete, your recipient can have their funds deposited into their bank account or made ready to be picked up at a nearby location.

    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.

    I want to send

    to

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 0 3 - 5 days USD 0.00 1.442 NZD 7,212 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
    USD 1,000 1 day USD 0.00 1.442 NZD 7,208 No maximum limit, no fees and competitive exchange rates for 100+ currencies. Go to site Show details
    USD 1 1 - 2 days USD 1.25 1.446 NZD
    7,228
    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
    USD 1 Within an hour USD 3.99 1.44 NZD 7,195 Use promo code FINDER to send your first transfer with no fee.
    Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.
    Go to site Show details
    1 - 2 days USD 0.00 1.439 NZD 7,193 Get live quotes on exchange rates and take advantage of no transaction fees with no limits on transfers. Go to site Show details

    Compare up to 4 providers

    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 may get more money.

    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, 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.

    Find the best provider for your transfer

    Answer three quick questions and we’ll give you an instant recommendation for a money transfer service based on your needs.

    Question 1 of 3

    How much do you plan to send?

    Question 2 of 3

    Does your recipient have a bank account?

    Question 3 of 3

    When can they receive the money?

    Based on your answers, check out:

    WorldRemit International Money Transfers

    WorldRemit International Money Transfers

    Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide. Your first transfer is free with the code FINDER.

    • Low upfront fees and exchange rates.
    • Easy to use with round-the-clock help.
    • Get cash to family and friends in minutes.
      TransferWise

      TransferWise International Money Transfers

      When you need to send money overseas, benefit from competitive exchange rates and low transfer fees with TransferWise.

      • Fair service fees and mid-market rates — a major market differentiator.
      • Next-day delivery to your loved ones and businesses.
      • Trusted the world over, with five-star ratings on Trustpilot.
        World First

        World First International Money Transfers

        Special offer for finder.com readers Because World First is a trusted partner of finder.com, you can send your money transfer overseas for free. No fees: There are no online transfer fees for all finder.com readers.

        • Enjoy competitive exchange rates.
        • Take advantage of spot contracts, forward contracts and limit orders.
        • Receive weekly updates on market exchange rates.



          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.

          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.

          Foreign exchange rates explained

          When you need to transfer money from the US to New Zealand, you’ll need to keep an eye on the exchange rate: the amount of New Zealand dollars you’ll get per one American dollar you send. The US dollar is a strong currency when compared to the New Zealand dollar. This means you’ll get more New Zealand dollars for every American dollar. As of September 2018, that amount was about $1.50 NZD per $1 USD.

          This amount changes daily due to fluctuation in interest rates, inflation and the global economy. You should check back frequently to see if you’ll be able to get more bang for your buck, especially if you plan on making multiple transfers.

          See today’s USD to NZD exchange rate

          How to send money to New Zealand

          1. Compare your money transfer options in the table above.
          2. Click Go to site and register with the provider.
          3. Start a transfer then enter your recipient’s information and how much you want to send.
          4. Pay for your transfer.
          5. Save your tracking number.

          If your recipient hasn’t received their cash by the estimated arrival date, use your tracking number to check the status of the transfer and make sure it hasn’t run into any errors.

          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.

          Sending emergency money to New Zealand

          With such a wide variety of money transfer options to choose from, an emergency transfer to New Zealand is possible. However, it may also be your most expensive option. You may face more fees and a worse exchange rate for the quick speed. Take a little extra time to compare your rates in this situation — you may be able to save if you spend some time researching your options before transferring funds to your recipient.

          Picking up cash at a money transfer branch

          Picking up cash is risky in any city. Take a few precautions no matter where you live in New Zealand to avoid making yourself a target for theft.

          • 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.

          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.

          Cash pickup locations in New Zealand

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          US International Money Transfers Offers

          Important Information*
          XE Money Transfer

          Transfer up to $500,000 with no minimums and no fees.

          WorldRemit International Money Transfers

          Use promo code FINDER to send your first transfer with no fee.
          Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

          World First

          No maximum limit, no fees and competitive exchange rates for 100+ currencies.

          TransferWise

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

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          US International Money Transfers Offers

          Important Information*
          XE Money Transfer

          Transfer up to $500,000 with no minimums and no fees.

          WorldRemit International Money Transfers

          Use promo code FINDER to send your first transfer with no fee.
          Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

          World First

          No maximum limit, no fees and competitive exchange rates for 100+ currencies.

          TransferWise

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

          Go to site