Send Money to New Zealand

New Zealand flagLearn how to maximize the power of your currency with our New Zealand Money Transfer Guide. Pay less, get more and do it online.

With our reviewed and approved Foreign Exchange companies you will unlock a plethora of benefits that your local bank will never be able to match.

The Guide’s Topics:

Best Company To Transfer Money To New Zealand

Payment Facility



TorFX logoMin. Transfer: £ / €100.
Transfer: Online or by Phone.
Wire Fees: None.
Offices in Australia: Yes.
Best Rates for £5,000+
Expected Rates* for £5,000+:
- GBP: 2.0044 NZD to 2.0084 NZD
- EUR: 1.7263 NZD to 1.7298 NZD
- USD: 1.5499 NZD to 1.5530 NZD
TorFX Review
worldfirst-logoMin. Transfer: £ / €1,000.
Transfer: Online or by Phone.
Wire Fees: None.
Offices in Australia: Yes.
Best Rates for £50,000+
Expected Rates* - £50,000+ :
- GBP: 2.0064 NZD to 2.0134 NZD
- EUR: 1.7280 NZD to 1.7341 NZD
- USD: 1.5515 NZD to 1.5569 NZD
WorldFirst Review
transferwise logoMin. Transfer: None!
Transfer: Online only.
Wire Fees: Based on amount.
Offices in Australia: Yes.
Best Rates for £100-5,000
Expected Rates* - Any Amount:
- GBP: 2.0023 NZD
- EUR: 1.7246 NZD
- USD: 1.5484 NZD
Transferwise Review
ANZ Bank$28 International Transfer Fee + Commission On Currency Exchange. Bad Currency Exchange Rate.

Exchange rate would be approximately *:
- GBP: 1.9761 NZD to 1.9963 NZD
- EUR: 1.7020 NZD to 1.7194 NZD
- USD: 1.5281 NZD to 1.5437 NZD
paypal logo2.9%+ Transfer Fees, and 2.5% more for Currency Exchanges. Quick But Very Bad Currency Exchange Rates.

Exchange rate would be approximately *:
- GBP: 1.9660 NZD or worse
- EUR: 1.7020 NZD or worse
- USD: 1.5281 NZD or worse

* Expected Rates reflect our rate expectations based on our research. We do not guarantee accuracy. For some companies we used a range of rates because they offer wholesale rates for large trades and higher rates for small trades.

Supported Countries & Payment methods

With TorFX you can make money transfers all over the world, no matter the destination. And best of all, they don’t charge fees for their transactions as every bank does. This, alongside the great currency exchange rates that they practice, makes the choice of using them a no-brainer.

MoneyCorp is another FX company that will help you send money to New Zealand with no fees and all the benefits that this kind of companies brings to the table. And having over 35 years of experience in the market helps to give confidence to the more suspicious customers that their money are truly safe.

Best Company to Transfer Money from New Zealand

Service Provider



ofx-logoMin. Transfer: NZD$250.
Transfer: Online or by Phone.
Why Them? Regulated By NZ FSPR. 190 Countries Supported.
WorldFirst Review

Supported Regions & Currencies

Our recommended FX company above is regulated by the FMA (Financial Markets Authority) and can provide their services in all the regions of the country with no restriction. In some other cases like in the USA, a company will need state-by-state licenses in order to take on clients from different parts of the country.

Currencies: With more than 45 currencies available for trading, NZForex can perform money transfers to 190 countries, which represents almost 97% of the whole world. So you can imagine how is gonna be hard for you to find a location that is not supported.

Tip: If you need to transfer small amounts on a regular basis we would suggest using TransferWise (click and read the review) because they don’t have a minimum amount needed for transfers. Plus, their fees are super low compared to any of your local banks.

Today’s Foreign Exchange Rates for NZD

GBP to NZD – Pounds to New Zealand Dollar; 10,000 GBP is 20,164.6000 NZD

NZD to GBP – New Zealand Dollar to Pounds; 10,000 NZD is 4,959.1859 GBP

NZD to CAD – New Zealand Dollar to Canadian Dollars; 10,000 NZD is 8,404.4315 CAD

CAD to NZD – Canadian Dollars to New Zealand Dollar; 10,000 CAD is 11,898.4847 NZD

AUD to NZD – Australian Dollar to New Zealand Dollar; 10,000 AUD is 10,688.4982 NZD

NZD to AUD – New Zealand Dollar to Australian Dollar; 10,000 NZD is 9,355.8513 AUD

NZD to USD – New Zealand Dollar to US Dollars; 10,000 NZD is 6,413.2192 USD

USD to NZD – US Dollars to New Zealand Dollar; 10,000 USD is 15,592.7931 NZD

NZD to CHF – New Zealand Dollar to Swiss Franc; 10,000 NZD is 6,340.2696 CHF

CHF to NZD – Swiss Francs to New Zealand Dollar; 10,000 CHF is 15,772.2000 NZD

NZD to EUR – New Zealand Dollar to Euro; 10,000 NZD is 5,757.9620 EUR

EUR to NZD – Euro to New Zealand Dollar; 10,000 EUR is 17,367.2561 NZD

New Zealand dollar behaviour

new-zealand-banknotesNew Zealand dollar moves are correlated strongly with global and domestic economic cycles. Trends in commodity prices, especially dairy products, are crucial and the RBNZ has only limited influence.

The independent Reserve Bank of New Zealand (RBNZ) has a mandate to maintain price stability, defined as keeping inflation near 2%.  The New Zealand dollar will strengthen when the RBNZ is tightening policy to keep inflation low and weaken when the bank is cutting rates.

New Zealand has run a current account deficit throughout the last 20 years with a peak deficit close to 8% of GDP. This leaves the currency dependent on investment inflows. The New Zealand dollar tends to strengthen when global risk appetite is strong, weakening when confidence is low.

The economy is also highly geared towards international trade and changes in export prices with a strong focus on agricultural exports. The currency will, therefore, tend to weaken when the international economy is in recession and strengthen when there is a cyclical upturn.

With exports of dairy products extremely important for the economy, the global price of dairy products has a big influence on the New Zealand currency.

Given the importance of global trade and trade prices, changes in export prices amplify the global trade cycle and cause big New Zealand dollar swings.

Although the New Zealand dollar floats, the central bank intervenes to deter excessively weak or strong valuations and attempt to dampen the domestic threat from big cyclical moves.

Transfer Money To A New Zealand Bank Account

The New Zealand dollar is the national currency of New Zealand as well as 5 more islands, one of which is a British Overseas Territory (the Pitcairn Islands). Because the economy is closely aligned with Australia’s economy, The New Zealand dollar is also very close in value to the Australian dollar. The Kiwi is also one of the 10 most-traded currencies in the world.

Real estate: The growth of New Zealand’s economy in the past few years has had a big impact on the real estate market. Many of the big cities have seen an increase in property value, Auckland has been the front runner as of late. Offshore investors are having an impact on the residential market and the prices have increased substantially.

The whole country has recorded an 8% rise in house prices, reaching a median price of NZ $475,000.

Tourism: Tourism in New Zealand is very important as it contributes to almost 4% of the country’s GDP (2013) and supports more than 110,000 full-time jobs. With many awards won as the best tourist destination, New Zealand is visited by many foreigners, with a large majority from Australia.

The top 5 countries are Australia, China, USA, UK and Japan accounting for 71% of the total overseas visitors.

Thinking Of Relocating To New Zealand?

If you consider moving into New Zealand and live there as an expat, you may find the following information helpful.

Advantages Of Moving To New Zealand:

  • Low Crime Rate: Ranked 50th on the crime level index.
  • Affordable Health Care: New Zealand has a first world health system that is 20% less expensive than countries such as the United States.
  • Low Corruption: 35% less corruption in government.

Disadvantages Of Moving To New Zealand:

  • Remote Location: The average plane ticket from the UK to New Zealand can be roughly 2500 GBP for economy class.
  • Lack of Public Transportation: This forces residents to invest in an automobile, which can get expensive.
  • Small Oil/Gas Industry: Petrol is very expensive due to a shortage and reliance on imports. I Liter of Gas is 1.98 NZ.

Popular Destinations in New Zealand:

Popular cities for business and real estate transactions in New Zealand are: Auckland, Wellington, Christchurch, Manukau, Waitakere, North Shore, Hamilton, Dunedin, Tauranga and Lower Hutt.


Best Way To Send Money To New Zealand

FX companies can make an international money transfer to New Zealand and hundreds of other places around the world for little or no cost to the customer.

How can this be? It’s because FX companies finely tune their processes so that they can make the best returns on the foreign currency market. Rather than charging huge fees to their customers, an FX company instead executes deals at times when the markets are in their favour so the process gets cheap for the customer.

Customers who need to exchange large sums of money – and in turn give the FX companies more purchasing power – are the ones who can enjoy completely free transfers. Clients who need to make smaller transactions may have to pay a fee, but it will be a fraction of what a bank charges because FX companies make their money from the margins of exchanging your current currency to New Zealand dollars.

If you have never wired money overseas through banks, this article on will show you the kind of fees that the institutions are working with. Even though it is specifically made for the US market, it is 99% accurate for all the banks in the world.

Details needed to send money to New Zealand

  • Bank Name and Address
  • Routing Number
  • Swift/BIC Code
  • Account Number
  • Receiver’s Complete Name

After you provide all the details listed above, the process is simple:

  • You create a free account with the company.
  • Receive a quote from one of the dealers – be it online or by the phone.
  • Send the money to your account so you can fund the transfer.
  • Get confirmation from the company that the transaction is completed.

Our Company Recommendation:

Biggest banks in New Zealand

  • Commonwealth Bank
  • Westpac
  • Australia and New Zealand Banking Group
  • National Australia Bank

Ending thought

We hope that by reading this guide, many people will start to send money to New Zealand using FX companies and forget about the High Street banks that charge big fees, provide awful currency exchange rates and completing the transfer in a week. Be quick and be impactful when you really needed! If you know that you need to send money from New Zealand, using our recommended companies and don’t get a deal destroyed because your payment took too long to be completed.