Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.




4542 posts

Uber Geek

Trusted
Lifetime subscriber

# 107900 22-Aug-2012 00:22
Send private message

anyone knows banks that will let you do international money transfer through internet banking/online?






View this topic in a long page with up to 500 replies per page Create new topic
 1 | 2
69 posts

Master Geek


  # 675295 22-Aug-2012 01:35
Send private message

BNZ will let you during business hours, out of hours you can send them a secure email and they'll do it the next day. Was pretty fast too - for my last transfer the money was in my Australian account in about 30 min (helped by the fact that BNZ is owned by NAB perhaps).

28338 posts

Uber Geek

Moderator
Trusted
Biddle Corp
Lifetime subscriber

  # 675298 22-Aug-2012 06:11
Send private message

ANZ

 
 
 
 


19282 posts

Uber Geek
Inactive user


  # 675313 22-Aug-2012 07:29
Send private message

Most banks

3107 posts

Uber Geek

Trusted
Subscriber

  # 675317 22-Aug-2012 08:06
Send private message

Westpac will NOT let you do a SWIFT payment from online banking. Nor will ASB.

15328 posts

Uber Geek

Trusted
Subscriber

  # 675376 22-Aug-2012 10:39
Send private message

ASB lets you do international transfers, I've done then to Australia and the UK in the past month.

133 posts

Master Geek


  # 675412 22-Aug-2012 11:29
Send private message

Kiwibank let you do it. You upload a template which is checked to ensure the details are correct. Once loaded as a template you can do the transfer any time you wish & it is saved for future use.

311 posts

Ultimate Geek


  # 675463 22-Aug-2012 13:11
Send private message

timmmay: ASB lets you do international transfers, I've done then to Australia and the UK in the past month.


I can also confirm that you can make SWIFT payments from ASB via online banking.
Of course, you need to be registered for netcode.

 
 
 
 


3107 posts

Uber Geek

Trusted
Subscriber

  # 675464 22-Aug-2012 13:13
Send private message

tcpdump:
timmmay: ASB lets you do international transfers, I've done then to Australia and the UK in the past month.


I can also confirm that you can make SWIFT payments from ASB via online banking.
Of course, you need to be registered for netcode.


Ah, maybe that's why I don't see it (or possibly my account type doesn't support it).

311 posts

Ultimate Geek


  # 675465 22-Aug-2012 13:16
Send private message

Kyanar:
Ah, maybe that's why I don't see it (or possibly my account type doesn't support it).


It's under Accounts -> Foreign Exchange -> International Transfers.


Awesome
4859 posts

Uber Geek

Trusted
Subscriber

  # 675469 22-Aug-2012 13:19
Send private message

Doing it this way is hugely expensive. The bank will likely charge you fees at both ends, and their exchange rates aren't that good.

I use currencyonline.com

They have local accounts in a bunch of countries.

If I am sending NZ->AU I pay into their BNZ account, once receipted they pay it into my CommBank account in Oz.

If sending Oz->NZ I pay into their NAB account and once receipted they pay into my NZ account.

Exchange rates are better than the banks and fees are NZ$8 for NZ->AU and AU$12 for AU->NZ.

Usually takes up to 48 hours (Overnight for first transfer to appear in their account, then overnight again for them to xfer to me).

Tho now NZ banks are doing same day xfers, I've had money AU to NZ in under 24 hours.




Twitter: ajobbins


15328 posts

Uber Geek

Trusted
Subscriber

  # 675470 22-Aug-2012 13:23
Send private message

I have some USD in a kiwibank USD account that I want to turn into NZD, enough that a 1% difference in rate makes a small but useful difference. What's the best way of getting in turned into NZD? The only way I know is transferring it to my KiwiBank NZD account, with whatever fees and exchange rate they feel like using.

For example the National Bank has a current USD rate of about 80c, same with xe.com. Kiwibank is currently at 85c, meaning I lose 5% in the conversion. Maybe that's just the difference between the buy and the sell rate, but still, it seems high.

133 posts

Master Geek


  # 675478 22-Aug-2012 13:46
Send private message

timmmay: I have some USD in a kiwibank USD account that I want to turn into NZD, enough that a 1% difference in rate makes a small but useful difference. What's the best way of getting in turned into NZD? The only way I know is transferring it to my KiwiBank NZD account, with whatever fees and exchange rate they feel like using.

For example the National Bank has a current USD rate of about 80c, same with xe.com. Kiwibank is currently at 85c, meaning I lose 5% in the conversion. Maybe that's just the difference between the buy and the sell rate, but still, it seems high.


You could give the Kiwibank International team a call on 0800 222 490 & see if they can do a better rate for you.

Also regarding Fee's etc Kiwibank can also offer Direct Credits into Australian Bank accounts so it by passes a step or two.

Sending money from an Oz bank can sometime end up with the Oz bank sending to their NZ equiv who charge & then send it to the correct NZ Bank account

15328 posts

Uber Geek

Trusted
Subscriber

  # 675479 22-Aug-2012 13:51
Send private message

I could, but I don't like to beg for them to match other companies, I just use the other company.

Currency Online and XE.com would probably both be better than kiwibank, and would probably both work. I've emailed CO to see what they say.

Shame I'm needing to do it now at 81c, rather than back when it was 50, 60, or even 70c. I was going to wait until the rate got better but it could be 5-10 years before the rate gets down to 60c again.

875 posts

Ultimate Geek

Trusted

  # 675498 22-Aug-2012 14:39
Send private message

Like other posters, I used web based transfers. My website of choice is tranzfers.com You pay tour NZ$ into a westpac via internext banking in the usual way and the money appears in your local currency account fairly sharpish. NZ-UK now can come in at under 24 hours if you get the right point in the day of the bank transfer system. You can either leave the exchange rate picking with them or hold the money untill the exchange rate is at your prefered rate.

4431 posts

Uber Geek
Inactive user


  # 675634 22-Aug-2012 20:30
Send private message

I use PayPal between aus and NZ

 1 | 2
View this topic in a long page with up to 500 replies per page Create new topic



Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Spark launches new wireless broadband "Unplan Metro"
Posted 11-Nov-2019 08:19


Malwarebytes overhauls flagship product with new UI, faster engine and lighter footprint
Posted 6-Nov-2019 11:48


CarbonClick launches into Digital Marketplaces
Posted 6-Nov-2019 11:42


Kordia offers Microsoft Azure Peering Service
Posted 6-Nov-2019 11:41


Spark 5G live on Auckland Harbour for Emirates Team New Zealand
Posted 4-Nov-2019 17:30


BNZ and Vodafone partner to boost NZ Tech for SME
Posted 31-Oct-2019 17:14


Nokia 7.2 available in New Zealand
Posted 31-Oct-2019 16:24


2talk launches Microsoft Teams Direct Routing product
Posted 29-Oct-2019 10:35


New Breast Cancer Foundation app puts power in Kiwi women's hands
Posted 25-Oct-2019 16:13


OPPO Reno2 Series lands, alongside hybrid noise-cancelling Wireless Headphones
Posted 24-Oct-2019 15:32


Waikato Data Scientists awarded $13 million from the Government
Posted 24-Oct-2019 15:27


D-Link launches Wave 2 Unified Access Points
Posted 24-Oct-2019 15:07


LG Electronics begins distributing the G8X THINQ
Posted 24-Oct-2019 10:58


Arlo unveils its first video doorbell
Posted 21-Oct-2019 08:27


New Zealand students shortlisted for James Dyson Award
Posted 21-Oct-2019 08:18



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.