Find the best way to send money to New Zealand

Learn how to send money to New Zealand from the UK in our step-by-step guide.

Looking for the best way to send money from the United Kingdom to family, friends or businesses in New Zealand (or even to your own overseas bank account)?

Don't head straight to your British bank – compare specialist money transfer services instead. They nearly always offer better NZD exchange rates and lower fees, so for the same amount of pounds you send, your recipient will receive more New Zealand dollars.

Of the companies we've compared, OFX is among the cheapest, with competitive exchange rates and fees starting from £0. Need a really fast transfer? CurrencyFair can get money to your recipient in New Zealand within minutes.

Best ways to send money to New Zealand from the UK

The best way to send money to New Zealand depends on your payment method, how you want your money to be received and how fast you need it to arrive.
  • Online money transfer provider. When buying pounds or New Zealand dollars money transfer specialists typically offer better rates and cheaper fees than a local bank.
  • Bank transfer. Bank transfers are an easy way to send money to New Zealand but they charge extra for the convenience and are often slower than other methods. UK banks generally add a 3% to 6% markup onto exchange rates.
  • Cash pickup. If you need your money to arrive fast, cash pickup gives your recipient instant access to the money you've sent when they collect it from their agent location in New Zealand.
  • Mobile wallet. Essentially an electronic wallet service, mobile wallets allow users to store, send and receive eligible currencies using their phone, often with fees attached.
  • Prepaid phone credit. Specifically used to top up a recipient's prepaid mobile phone plan, prepaid phone credit is usually added instantly or within a few minutes.
  • Home delivery. If your recipient may struggle to get to a cash pickup location, you may be able to opt for door-to-door cash delivery.

Compare the best money transfer companies to send money to New Zealand

Use our table to compare the best money transfer companies to send money to New Zealand. You can compare deposit and receiving options, fees and transfer speeds, then click the "Go to site" button when you've found the best one to get your money to New Zealand.
1 - 17 of 17
Name Product Filter values Finder score Pay by Receiving options Fastest transfer Fee (pay by bank transfer) Key benefits
OFFER
TorFX
4.5
★★★★★
Debit card, Bank transfer
Bank account
Within minutes
£0
Get a £50 Amazon voucher for each friend you refer who transfers £5,000 or more. T&Cs apply.
Key Currency
Not rated yet
Bank transfer
Bank account
24 hours
£0
OFFER
Wise (TransferWise)
4.0
★★★★★
Credit card, Debit card, Bank transfer
Bank account, Alipay (China only)
Within minutes
From 0.41%
Refer 3 friends to receive up to £50 referral bonus
OFFER
WorldRemit
3.5
★★★★★
Credit card, Debit card, Bank transfer, Apple Pay
Cash pickup location, Bank account, Mobile wallet, Home delivery, Prepaid phone credit
Within minutes
From £1.99
Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
OFFER
CurrencyFair
3.5
★★★★★
Bank transfer
Bank account
Within minutes
€3
New customers get unlimited fee-free transfers for their first 3 months. T&Cs apply.
CurrencyTransfer
Not rated yet
Bank transfer
Bank account
24 hours
£0
OFFER
Currencies Direct
4.0
★★★★★
Debit card, Bank transfer
Bank account
24 hours
£0
Get a £50 Amazon voucher for each friend you refer who transfers £5,000 or more. T&Cs apply.
Starling
Not rated yet
Bank transfer
Bank account
24 hours
From £0.34
TorFX Business
4.5
★★★★★
Debit card, Bank transfer
Bank account
Within minutes
£0
OFX
4.5
★★★★★
Credit card, Debit card, Bank transfer
Bank account
24 hours
£0
Western Union
3.0
★★★★★
Cash, Credit card, Debit card, Bank transfer
Cash pickup location, Bank account, Mobile wallet
Within minutes
From £0
OFX
4.5
★★★★★
Credit card, Debit card, Bank transfer
Bank account
24 hours
£0
CurrencyTransfer Business
Not rated yet
Bank transfer
Bank account
24 hours
£0
Xe Business
Not rated yet
Bank transfer
Bank account
24 hours
£0
Special offer: £25 Amazon voucher when you refer a friend
OFX Business
Not rated yet
Credit card, Debit card, Bank transfer
Bank account
24 hours
£0
Currencies Direct Business
4.0
★★★★★
Debit card, Bank transfer
Bank account
24 hours
£0
CurrencyFair Business
Not rated yet
Bank transfer
Bank account
Within minutes
€3
Zero fees on your first 10 transfers. T&Cs apply.
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Please note: You should always refer to quotes you receive from transfer services themselves directly for exact amounts as they may vary from our estimates.

Cheapest way to send money to New Zealand

Bank transfers are typically the cheapest way to get your money to New Zealand. OFX and Western Union have some of the lowest bank transfer fees of the brands we've compared.

When you're hunting down the cheapest ways to send money to New Zealand, it's more important to look at the overall cost of your transfer. This has a couple of elements:

  • Transfer fees. While still cheaper than your British bank, some money transfer services charge either a fixed or percentage-based fee for making your transfer.
  • Exchange rates. Another way money transfer providers make money is to add a margin to the mid-market GBP/NZD exchange rate.

Some providers may charge the mid-market rate but add fees on top. Others may have very low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many New Zealand dollars your recipient will end up with.

Fastest way to send money to New Zealand

Many online providers can offer transfers to New Zealand within minutes, although you're likely to pay a premium for the convenience.

Here are some of the fastest average transfer speeds to New Zealand:
  • CurrencyFair — within minutes
  • Western Union — within minutes
  • WorldRemit — within minutes

Actual transfer times from the United Kingdom to New Zealand can depend on several different factors including transfer amount, payment method and currency.

Safest way to send money to New Zealand

The safest way to get your money to New Zealand is to use a provider registered with the United Kingdom's industry regulator, the Financial Conduct Authority (FCA). All of the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both the United Kingdom and New Zealand.

A great way to dive deeper is by reading our extended reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.

Large money transfers to New Zealand

If you need to make a sizable money transfer to New Zealand, consider using a provider such as Wise (TransferWise) or Key Currency to benefit from its expertise in handling larger transfer amounts.

Using a large transfer specialist can have the following advantages:
  • Tax guidance. Large transfers to New Zealand may have tax implications for you or your recipient. A transfer specialist can help get you up to speed on HMRC's latest advice.
  • Foreign exchange (forex) tools. Advanced tools such as forward contracts, limit orders and stop-loss orders can help you lock in the NZD exchange rate you want.
  • Account manager. Some money transfer providers assign a personal account manager who can help and advise you on your transfer needs.
  • Phone service. If you want to talk your transfer through with someone, providers such as CurrencyTransfer Business and Wise (TransferWise) can give you support over the phone.

How to send money to New Zealand from the UK

To send money to New Zealand, you'll need the necessary documentation, your recipient's details and a way to pay.

  1. Compare your options.
    Use our table to find a money transfer provider that sends funds to New Zealand. One may be better for cash pickups while another may suit a bank transfer. Once you've found the best one for your requirements, click "Go to site".
  2. Create an account.
    You'll need to give your name, address, contact details, proof of ID and method of payment.
  3. Provide your recipient's details.
    Enter your recipient's name and contact information. If you're sending straight to their NZ bank account, you'll need the account number, SWIFT or IBAN plus their bank branch's address.
  4. Enter your transfer amount.
    Check you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Double-check the total New Zealand dollars your recipient gets.
  5. Complete your transfer.
    Send your money transfer to New Zealand. Keep your transaction reference number safe so you can track your transfer. Your recipient may need it too.
  6. Example: Liam sends money to New Zealand

    Liam is working in the United Kingdom as a financial analyst and he stays in regular contact with his elderly parents back home in New Zealand. His parents need some funds to help pay off a mortgage, so Liam plans to send them \u00a32,000 from the United Kingdom.

    He decides to compare a bank and a money transfer specialist to see which one can save the most money on his transaction.

    Bank Money transfer company
    Exchange rate 1 GBP = 2.05 NZD 1 GBP = 2.08 NZD
    Transfer fee \u00a310 \u00a32.50
    Transfer method Bank account deposit Bank account deposit
    Processing time 2 - 5 working days Next day
    Amount received 4,079.16 NZD 4,148.73 NZD

    The money transfer company enables Liam to send an extra $69.58, which is transferred straight to his parents' ANZ Bank account.

    How to choose the best money transfer companies to send money to New Zealand

    When choosing a money transfer provider to send money from the United Kingdom to New Zealand, it's important to consider the cost, how you want your recipient to receive the funds and the turnaround time. Here are other features to review:

    • Exchange rates. Banks and transfer services use the mid-market rate to trade with one another. It is the best rate you can get. However, not all money transfer providers offer you this mid-market rate so compare the NZD you're offered to the mid-market rate and look for the smallest difference.
    • Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to New Zealand for a flat or low fee might work out better if you plan to send a large amount.
    • Transfer type. Does your recipient have a NZ bank account or is cash or cell phone top-up a better option? Each transfer type will have different fees. For example, instant cash pickups tend to be more expensive than bank transfers.
    • Transfer speed. If you need your transfer to arrive quickly, you can pay for an express delivery. Companies such as WorldRemit offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services offer the best value and get your money to New Zealand faster and cheaper than banks.
    • Transfer limits. Find out how much you can send with each service. For example, Western Union has a transfer limit of £4,000 while OFX allows unlimited transfers.
    • Discounts. Some providers may offer you a free transfer simply for signing up. Others may offer a discount if you transfer more than a specific amount of New Zealand dollars.

    Frequently asked questions

    We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

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