Easiest method of sending gift money to Aus

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Forums › Finance and wealth management › Easiest method of sending gift money to Aus

SpartanVXL

1318 posts

Uber Geek

#242661 8-Nov-2018 10:36

Anybody know of a good way of sending a small amount over the ditch? Wanting to send about $100aud worth for a mates birthday. As far as I know it's about $9 or so in fees for a bank transfer (ANZ).

Short of posting it (is that even allowed?) what's a better way to send without getting bit by fees? If it comes to it I could just paypal it over.

MileHighKiwi

782 posts

Ultimate Geek

ID Verified

Lifetime subscriber

#2122055 8-Nov-2018 10:46

Look into Transferwise, cheaper than using a bank. I ha ent used them but a couple of colleagues use them regularly and say they are very good.

timmmay

20589 posts

Uber Geek

Trusted

Lifetime subscriber

#2122146 8-Nov-2018 13:45

Paypal works well if they have an account.

Peppery

919 posts

Ultimate Geek

Trusted

#2122180 8-Nov-2018 14:02

I send to Australia using TransferWise pretty frequently. They have the best fx rate I can find, and the fees are totally reasonable.

stinger

628 posts

Ultimate Geek
Inactive user

#2122222 8-Nov-2018 15:11

Another +1 for Transfer Wise. Quick and easy, usually arrives two days after you send it. E.g Pay Wednesday, receive Friday morning. Of course, you need to know your mates BSB and account number (BSB is roughly the equivalent of bank and branch numbers in NZ, they don't have account suffixes like NZ either).

SpartanVXL

1318 posts

Uber Geek

#2122237 8-Nov-2018 15:35

Thanks all. Transferwise looks solid, i'll give it a go.

BTR

1527 posts

Uber Geek

#2122541 9-Nov-2018 08:55

NZ Post dont allow you to send money, I know this because I recall an elderly lady berating the person behind the counter because she wanted to send her grandchildren money from Christmas and was told she couldn't

The reason is because of money laundering but I mean whos going to send NZ dollars overseas and lose half of their value in doing so.........

xontech

268 posts

Ultimate Geek

#2122557 9-Nov-2018 09:45

Thanks for this, I've just recommended Transferwise to a friend who was looking at this recently.