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  Reply # 514417 31-Aug-2011 12:35
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tchart: Thanks for all the replies, looks like their arent any cost effective channels. I will just draw out some AU$ from the ATM (there is one on Willis Street, Wellington which does this) and post it over to Oz.

Appreciate everyones time... 


Just a thought, you may not be able to get exactly $30 out... I imagine the machine is likely to offer $50 notes only, or maybe $20s, but I'd be surprised if it gives out $10s.




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  Reply # 514773 31-Aug-2011 23:15
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keewee01: I'm not 100% sure, but I think some banks will do transfers to Australia bank accounts. Someone else might know for sure.


in the past yes, but no longer. ??legal/taxation company issues?

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  Reply # 514775 31-Aug-2011 23:18
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joker97: in the past yes, but no longer. ??legal/taxation company issues?


It's called a telegraphic transfer, most, if not all, banks will do them.




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  Reply # 514799 1-Sep-2011 08:03
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TT (telegraphic transfer) costs around NZD$$25 + an Oz bank processing fee around AUD$14-15.

i think he meant direct funds transfer which no banks will do nowadays (well not mine ones anyway)



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  Reply # 514809 1-Sep-2011 08:37
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joker97: TT (telegraphic transfer) costs around NZD$$25 + an Oz bank processing fee around AUD$14-15.

i think he meant direct funds transfer which no banks will do nowadays (well not mine ones anyway)


Yes I did mean a direct funds transfer, I thought I remembered something on ASB that let you do something like "fastcheque" but to Oz accounts (ie I enter their Oz account # and the money goes direct from my account to theirs).

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  Reply # 515609 2-Sep-2011 11:30
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Gosh I am so stupid (and so glad I came here)

I have been wondering how to get my NZD to my Aus bank account without it costing me the earth.

PAYPAL! Der!

 

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  Reply # 515618 2-Sep-2011 11:40
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timmmay: You can do it easily with Paypal, like I already said. You'll pay at most 3%, maybe nothing. You just send it to their email address which is their account, they can withdraw it from paypal to a bank account overnight. It's quick, cheap, easy, quick, and almost completely free of risk. It's a lot safer than cash in an envelope.


PayPal won't work with my Kiwbank account....so may not work with other banks.  




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  Reply # 515633 2-Sep-2011 12:08
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Linuxluver:
timmmay: You can do it easily with Paypal, like I already said. You'll pay at most 3%, maybe nothing. You just send it to their email address which is their account, they can withdraw it from paypal to a bank account overnight. It's quick, cheap, easy, quick, and almost completely free of risk. It's a lot safer than cash in an envelope.


PayPal won't work with my Kiwbank account....so may not work with other banks.  


Works fine with ASB.




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  Reply # 515642 2-Sep-2011 12:23
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Linuxluver:
timmmay: You can do it easily with Paypal, like I already said. You'll pay at most 3%, maybe nothing. You just send it to their email address which is their account, they can withdraw it from paypal to a bank account overnight. It's quick, cheap, easy, quick, and almost completely free of risk. It's a lot safer than cash in an envelope.


PayPal won't work with my Kiwbank account....so may not work with other banks.  

Mine works fine with Kiwibank. You're doing it wrong.

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  Reply # 515646 2-Sep-2011 12:32
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I send money to the US on a regular basis to the same person, and the cheapest method for me is a special Westpac card that we both have. Costs $20 for the setup and then $1 per transaction for me.. and just the currency conversion after that. You can send up to $10,000 over the life of the card, its all online and you transfer into it from your normal account. The other end has a password and just withdraws it from any ATM. I know they have the same thing from here to Australia, so if anyone has family that you send birthday and christmas money to..its the best way.

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  Reply # 516863 5-Sep-2011 14:27
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Try paymate. They're Australian and you can pay him directly. It goes to his bank account.

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