- Fair service fees and mid-market rates – a major market differentiator
- Next-day delivery for most currencies
- Easy-to-use app
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Sending money to New Zealand from Australia has many benefits. Because it's our closest neighbour, you'll have plenty of choices when comparing transfer services. Before you get started on a transfer, compare fees and exchange rates of top providers to be sure you're getting a good deal.
How we chose these services Top picks are our selection of some of the best money transfer products and services on Finder, but we haven't compared every brand in the market. We've included them on some pages to help you make decisions faster, but keep in mind that our top pick may not always be the best fit for you. Read our full methodology here to find out more.
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.
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to New Zealand. Some offer cash pickup in as little as a few minutes, while others seamlessly transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you'll typically face higher fees and weaker exchange rates when going that route.
Companies like XE and Wise specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient's New Zealand bank account, often in as little as a day or two.
Services like WorldRemit and Western Union allow you to transfer cash for pickup at a local branch in New Zealand — often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees.
New Zealand dollars are a popular currency with Australian banks. However, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a bank transfer to New Zealand.
Let's say you need to send $1,000 to family in New Zealand. Here's what you might face as far as fees and exchange rates as of 11 November 2020.
|Digital money transfer service||Cash transfer||Bank transfer|
|Fee||$6||$18||$9 + additional correspondent bank fees|
|Exchange rate||1 AUD = 1.07 NZD||1 AUD = 1.04 NZD||1 AUD = 1.04 NZD|
|Transfer speed||1-2 day||Minutes||2-5 days|
|Amount received||NZD 1,060||NZD 1,036||NZD 1,026|
The bank option ends up being both the slowest and gets the smallest amount of money to your recipient in New Zealand. If you go with the digital money transfer service, your recipient ends up with NZD 34 more than the bank offers. If speed is crucial, a cash transfer can typically have your transfer to New Zealand in as little as 15 minutes, just make sure there is a cash pickup location near your recipient before sending.
Sign up and send money with a digital money transfer specialist in four steps:
Weigh costs and fees against convenience to learn how to compare money transfer providers that send to New Zealand to best meet your needs:
When urgency trumps cost to get your money to New Zealand quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
Cash transfer services can help you if you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.
The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. New Zealand's exchange rate is flexible compared to the Australian dollar, and the AUD-NZD relationship fluctuates often. Factors that influence the exchange rate include interest rates, economic stability and inflation.
To send money to New Zealand from Australia, you'll need government-issued ID and other documents, while documents needed to pick up money in New Zealand may be different by company.
To send money from Australia to New Zealand, you'll need documentation and details that include:
To pick up money in person, documentation can include:
Sending money to relatives or family members in New Zealand may be subject to taxes on the money transfer, but it depends on a lot of variables. In general, any large transfers being sent from Australia to New Zealand should be reported to your tax agent to avoid any penalties with the ATO.
Sending your hard-earned money to New Zealand shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
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Special offer: $40 off when you transfer more than $250+ with code AUFIND40, conditions apply.
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
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