Top 10 Money Transfer Services - New Zealand
Personal account manager for large transfers
Direct phone service for large transfers
Passport or drivers license required
Advertiser Disclosure
Advertiser Disclosure
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Service
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Features
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Score
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Transfer Money Now
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Specialises in large transfers
1
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Great rates for AUD<>USD/GBP/NZD
Personal account manager for large transfers
Advanced risk mitigation tools
Transfer speed: within minutes |
NZD
 AUD
Low
NZD
USD
Low
GBP
NZD
Low
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ASIC, AUSTRAC
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Time to Open Account
A few minutes
Sending Options
Bank transfer
Receiving Options
Bank transfer
Required Documents
ID, Proof of Address
Recurring
Transfers
Phone
Support
24/7
Processing
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2
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5 star award winning service
Direct phone service for large transfers
High touch service at every stage |
NZD
GBP
Low
NZD
EUR
Low
NZD
AUD
Low
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FCA, ASIC, MAS
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Time to Open Account
A few minutes
Sending Options
Debit Card
Bank Account Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Local branch,
based at Gold Coast
Phone
Support
24/7 Online
transfers
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3
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Dedicated team for sending $50k+/year
Passport or drivers license required |
EUR
GBP
Med
EUR
USD
Med
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FCA, FinCen, ASIC
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Time to Open Account
A few minutes
Sending Options
Credit Card
Debit Card ACH Direct Debit (US Only) Bank Account Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Live
Rates
Advanced
FX services
Enterprise-grade
Security
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4
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Pay & get paid with a global account
Transfer Money in 55+ Currencies |
NZD
 AUD
Med
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FCA, ASIC
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Time to Open Account
A few minutes
Sending options
Wire Transfer
Debit Card Receiving Options
Bank Account
Required Documents
ID Card, Proof of Address
Local Account
Solutions
Mobile
Transfers
Locked-in
Exchange Rates
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5
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Good fit for online sellers
7 local currency accounts |
NZD
AUD
High
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FCA, ASIC
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Time to Open Account
A few minutes
Sending Options
Wire transfer
Debit/credit card Receiving Options
Bank Account
Required Documents
ID, Proof of address (eKYC)
Business
Expertise
Phone
Support
Local Account
Solutions
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Latest Reviews
"Couldn't believe how fast the transfer was to New Zealand, my money was transferred and there within an hour. Plus the service made everything so easy. Much better rates as well"
Pros
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No Fees on transfers above 5k
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Highly competitive exchange rates
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Highly responsive accounting manager
- Ideal for Relocating your funds to/from AU
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Fully licensed and regulated by Australian authorities (ASIC)
Cons
- Registration is required before any exchange rates can be seen
- Send and receive transfer methods are limited to bank to bank transfers
- FAQ section does not provide information on supported countries, currencies, or rates
"Excellent professional and speedy service. I recommend it highly and would use again."
Pros
- Excellent exchange rates with no transfer fees
- Transfer 24/7 online, by phone or through the app
- No transfer limit over the phone
- Multiple award-winning money transfer services (2016-2022)
- Specializes in larger trades (£2000+)
Cons
- Transfer limit of £25,000 online or on the app
- Less competitive on lower value trades (below £2000)
"After many hours of researching my best options for funding my daughter's overseas tuition, I went with XE.com and I am very satisfied with the cost being minimal and the process expedient."
Pros
- Instant and professional customer support 24/7
- No maximum transfer limit when paying via phone
- More than 50,000 5-star ‘Excellent’ Ratings on Trustpilot
- $0 fees per transaction with highly competitive “mid-market” exchange rates
- FX risk management across 139 currencies and over 200 countries
Cons
- Maximum online transfer amount of GBP 350,000 (or currency equivalent)
- Cheques and cash payments are not accepted
How to Compare Money Transfer Services
Top10MoneyTransfer recommends checking the following features when comparing online money transfer companies so you can find the best provider for your international transfer.
Safety
Check your chosen money transfer provider is regulated by a government authority, to ensure your money is safe & protected when transferred. The main regulators include:
– FCA (Financial Conduct Authority), UK
– ASIC (Australian Securities and Investments Commission)
– FinCEN (Financial Crimes Enforcement Network), USA
Fees & Rates
Some money transfer services charge a fixed transaction fee, others take a percentage of the transfer sum, while some services waive the transfer fee completely. The conversion rate is another money-maker for many services and as such poses yet another crucial pricing component to examine carefully. Consider the above to find the most cost-effective solution for your transfer.
Customer Support
Check the customer support channels available are convenient for you. These generally include email, online chat, phone or online ticketing system. In addition, some money transfer services provide a personal account manager to assist with special transactions and important tasks. Try checking this beforehand, to avoid stress when you need help.
Sending & Receiving Options
It’s important to confirm the sending options offered by your preferred money transfer provider are convenient for you. You should also ensure that your recipient is able to easily collect the money sent. Common sending options include bank transfer or credit card. Common receiving options include bank transfer and cash pickup.
Transfer Amounts
Another important element to consider is the amount of money you wish to transfer. Some services offer better features and benefits for large transfer amounts or business transfers, while others better handle small transfer amounts or cash transfers. Use our comparison table to determine which provider best suits your money transfer needs.
Transfers from New Zealand
Safety
NZFMA, the main regulatory financial authority in New Zealand, is responsible for monitoring activities of New Zealand based financial services. It is highly recommended to use the services of a company registered and licensed by the NZFMA when making a money transfer from New Zealand.
Ease of Onboarding
Most top-rated New Zealand based money transfer services offer a completely digital account opening and user-authorization process. Any required proof of ID documents can be supplied digitally, eliminating waiting times. With this option, new customers are able to complete the onboarding process online, in just a few minutes.
Fees and Rates
New Zealand is at the center of the modern FinTech industry, hence you can find a lot of different money transfer services to choose from. This gives users the option to use a service that charges minimal or no transaction fees combined with fair mid-market exchange rates. You can save on average up to 8 times on rates & fees by using top services like XE instead of a high-street bank such as BNZ.
