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.


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

Master Geek


  # 991237 20-Feb-2014 17:20
Send private message

Definitely have a look at  http://www.tranzfers.com/ 

We used this sending back money from the UK, they have excellent exchange rates compared to the banks and a low fee, saved us thousands.

510 posts

Ultimate Geek


  # 991510 21-Feb-2014 01:52
Send private message

Kyanar:
wmoore:
Kyanar: Klipspringer, another option for you there is Westpac's Express Card - basically it's an account with Westpac with TWO cards attached. One card is here, and you hold onto it, and the other card Westpac sends to your family member overseas (they won't send it to anyone in NZ). Then you pre-load it with cash, and the recipient uses it like a credit card back at home. It's $1 per load, and you can withdraw money for free from "Global Alliance" members (ABSA in South Africa).

ray, I use OrbitRemit myself - takes about 2 days for the money to get there, costs $5. No fee at the other end as they do it as a local bank deposit. Limited range of destination countries though. They also have a loyalty program - every tenth payment is fee-free, as is your first one. They're an NZ company too, if you feel like being patriotic.


Another one to look at is ANZ cash passport card. You can load multiple currencies on to the one card. Send one of the cards to them to use. Takes 2-3 days for money to show up on the card. I use one here in the UK (with family back in NZ)
  


You can't do that.  It's highly illegal to send cash or negotiables (e.g. prepaid credit cards) by cash or courier.  You can be hit with a VERY hefty fine for doing what you suggest.


Well just had a look at the NZ post website. Interesting reading

 

  • travellers cheques, deeds, negotiable instruments (including any bearer security, bill of exchange or uncrossed cheque), bonds or shares, credit or bank cards, cash, currency, bullion or vouchers, gift cards, or tickets for any games of chance (such as raffle and lottery tickets)

And how many times has Grandma slipped some money into her grandsons birthday card while he's overseas.

Oh well if you want to stay within the law, personally fly the card to the person.




"In the end, it's not the years in your life that count. It's the life in your years." -
  --  Abraham lincoln

 
 
 
 


578 posts

Ultimate Geek


  # 991566 21-Feb-2014 08:42
Send private message

As the amount gets bigger transfer by bank becomes the best way.

One thing you need to be careful about is that any gain in fees is not offset by exchange rate.

The other thing that has changed is that some banks that used to let you transfer the money in NZ dollars to get converted into local currency now make you convert to the currency in country going to first before sending. It isn't for all currencies but a few that previously you could do it for.



1613 posts

Uber Geek


  # 995406 27-Feb-2014 11:51
Send private message

Might have been easier to just sent over a bank draft to their physical address ...

The bank TT couldn't go thru and upon checking my acknowledgement I found the bank took out the last 3 numbers or did I forget to put those in, surely not. But you should need the bank number right? Not just the branch number, account number and suffix. If I just put it thru like this or again differently forcibly and it does bounce I would be in for a $25 fee ...

602 posts

Ultimate Geek

Trusted

  # 995561 27-Feb-2014 15:32
Send private message

I recommend NZForex, their fees are a lot lower than any of the banks and really fast - really nice people to talk to on the phone as well! Love their 24 hour phone support too.

3095 posts

Uber Geek

Trusted
Subscriber

  # 995568 27-Feb-2014 15:43
Send private message

dacraka: I recommend NZForex, their fees are a lot lower than any of the banks and really fast - really nice people to talk to on the phone as well! Love their 24 hour phone support too.


Ah, but they don't do transfers under $2000, so that limits things a bit.  Plus their $12 fee is almost three times what OrbitRemit charges, and in my experience Orbit is <2 business day processing which is pretty darn fast.  (Side note: NZForex also has a significantly worse exchange rate than Orbit as well).

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 »

Intel expands 10th Gen Intel Core Mobile processor family
Posted 23-Aug-2019 10:22


Digital innovation drives new investment provider
Posted 23-Aug-2019 08:29


Catalyst Cloud becomes a Kubernetes Certified Service Provider (KCSP)
Posted 23-Aug-2019 08:21


New AI legaltech product launched in New Zealand
Posted 21-Aug-2019 17:01


Yubico launches first Lightning-compatible security key, the YubiKey 5Ci
Posted 21-Aug-2019 16:46


Disney+ streaming service confirmed launch in New Zealand
Posted 20-Aug-2019 09:29


Industry plan could create a billion dollar interactive games sector
Posted 19-Aug-2019 20:41


Personal cyber insurance a New Zealand first
Posted 19-Aug-2019 20:26


University of Waikato launches space for esports
Posted 19-Aug-2019 20:20


D-Link ANZ expands mydlink ecosystem with new mydlink Mini Wi-Fi Smart Plug
Posted 19-Aug-2019 20:14


Kiwi workers still falling victim to old cyber tricks
Posted 12-Aug-2019 20:47


Lightning Lab GovTech launches 2019 programme
Posted 12-Aug-2019 20:41


Epson launches portable laser projector
Posted 12-Aug-2019 20:27


Huawei launches new distributed HarmonyOS
Posted 12-Aug-2019 20:20


Lenovo introduces single-socket servers for edge and data-intensive workloads
Posted 9-Aug-2019 21:26



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.