New Zealand is regularly voted by Telegraph readers as their favourite country to visit, so it’s no surprise that many Britons end up buying a one-way ticket and move there. If you are one of them – or you have family living there – you will need to find the best way to send money to New Zealand.
It may be the furthest country from the UK on the map, but sending money to New Zealand is quick and easy. The hardest part is finding the best exchange rate to make the most of your money.
To help you, The Telegraph has formed a partnership with foreign exchange specialist, moneycorp, to offer readers the Telegraph International Money Transfer Service. Once you have signed up to a moneycorp account, you can transfer money to New Zealand and hundreds of other countries – with zero transfer fees.
How difficult is it to send money to New Zealand?
Transfering money to a New Zealand bank account couldn’t be simpler. When you register for a moneycorp account, an expert account manager can talk you through your international payment over the phone. They can also help you negotiate the changeable FX market and offer guidance on a range of products including forward contracts.
Can I send money to New Zealand online?
As soon as you have an International Payments Account with moneycorp you are able to log on and make international payments at the touch of a button.
To access your account and make payments on the move, you can download the moneycorp app and transfer money to New Zealand from your mobile phone or tablet.
Your online account also allows you to track your payments, view live exchange rates and sign up for alerts via email or SMS that will keep you up to date on FX market movements.
What do I need to send money to New Zealand?
When you need to transfer money to a New Zealand bank account, you will require your personal details as well as the details of the account you’re sending money to. Here are the beneficiary details you must provide:
- Beneficiary name
- Beneficiary account number
- Swift code or BSB/Routing number
- Bank name
- Reason for transfer
Can I set up regular payments to New Zealand?
If you wish to transfer your UK pension payments overseas, or you own property in New Zealand and need to make mortgage repayments from a UK bank account, you can set up regular payments to New Zealand via your moneycorp account.
To set up your regular payments, simply log in to your moneycorp account or phone moneycorp and speak to an advisor. Direct debit payments can be made weekly, monthly or quarterly as required. Pounds sterling will be collected from your UK bank account, exchanged for New Zealand dollars and paid into the assigned New Zealand bank account.
Transfer with confidence
The Telegraph International Money Transfer Service gives you the tools and support to make the most of your money with every overseas payment. With competitive GBP to NZD exchange rates and zero transfer fees, you can be confident you have made an economical choice.
- Get competitive GBP to NZD exchange rates and zero transfer fees* when sending money to New Zealand with the Telegraph International Money Transfer Service.
moneycorp is a trading name of TTT Moneycorp Limited which is authorised by the Financial Conduct Authority under the Payment Service Regulations 2017 (reference number 308919) for the provision of payment services.
The above article was created for Telegraph Financial Solutions, a member of Telegraph Media Group. For more information on Telegraph Financial Solutions click here
Information correct at date of publication.