Transfer Money to New Zealand From Australia

Fast, low-cost, and secure online money transfers from Australia to New Zealand

ASIC regulatedAustralian owned

Exchange Rate 1.1507

ASIC regulatedAustralian owned

Transfer Money to New Zealand with OFX

Transfer Money to New Zealand with OFX

Send money to New Zealand easily with OFX. With a secure platform and low transfer fees, it's easier than ever to transfer money from Australia to anywhere in the world.

When it comes to competitive rates, OFX is one of the best in the market, making international transfers easy while keeping your funds secure. Unlike traditional banks, OFX converts New Zealand dollars in simple steps, with competitive rates and transparent fees that help you maximise value. Start sending money today!

How it works

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Set up an account with OFX

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Get a quote to send money to New Zealand

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Confirm your details & pay for your transfer online

How to Send Money with OFX

How to Send Money with OFX to NZ
OFX logo

OFX as the Featured International Money Transfer Partner

Benefits: OFX offers bank-beating exchange rates, which are typically more favourable than those of traditional banks. The platform is designed for fast and transparent transactions, making it advantageous for those living abroad or traveling frequently.

Fees: OFX charges low, transparent fees that are a small percentage of the transfer amount. These fees are clearly shown upfront.

Speed: Transfers in many popular currencies can be completed within 1-2 business days.

Security: The company is committed to high-security standards, including multi-factor authentication (MFA) and encryption, to safeguard your funds and personal information.

Service Reach: OFX allows you to send, hold, and convert money in multiple currencies, offering account details in major currencies like CAD, USD, EUR, and AUD. This feature supports direct receipt of salaries, pension payments, and more. You can send money from Australia to 50+ countries.

Payment Options Offered by OFX

Bank Transfer

Generally the cheapest method for transfers. Although it may take longer than other methods, it provides the best value for your money

Debit and Credit cards

Allows direct bank transfers without leaving the OFX app, combining the cost-effectiveness of bank transfers with the convenience of direct debit.

Wire Transfer

While this method can fund transfers, it is usually more expensive and slower due to fees charged by intermediary banks.

Key Stats about OFX

User Base

  • Established in 1998 with over 1 million customers globally

Transaction Volume

  • 80 billion GBP in transfers made so far

Speed of Transfers

  • Fast Transfers: Transfers typically arrive within 1-2 business days.

Security and Regulation

  • Regulated Entity: OFX is regulated by financial authorities in multiple jurisdictions, including the Financial Conduct Authority (FCA) in the UK and the Financial Crimes Enforcement Network (FinCEN) in the USA.
  • Secure Transactions: OFX employs robust security measures, including two-factor authentication and encryption, to protect users' data and money.

Customer Satisfaction

  • High Trustpilot Rating: OFX has a Trustpilot rating of 4.1 out of 5 stars based on over 197,000 reviews, reflecting high customer satisfaction.
  • 24/7 Access: There is a 24/7 broker service available in the OFX app.
NZ FAQ

FAQs

Yes, you can send money overseas through your bank, but this is not advisable as local banks typically have more expensive rates and transfer fees. This is because they have a physical storefront and staff, and they add these costs to their money transfer rates.

In comparison, online money transfer like OFX will give you better rates and charge less to send cash. They are also highly convenient, as you can do it in the comfort of your own home.

Unfortunately, there is no best day to buy foreign currencies. Movement in foreign exchange rates depends on the global demand and supply of goods and services, as well as political and economic factors. So if you’re planning to send money to New Zealand, now is the best time!

In most cases, it is cheaper to buy your foreign currency at home in Australia before you head overseas. Additionally, you could get better rates if you send money to New Zealand online.

Online money transfers to New Zealand are generally cheaper. Money changers with a retail store have to pay for rent, staff, and insurance, which increases the cost of these additional third-party charges. Some physical money changes may also not have the currency you’re after, making it difficult to change money.

We recommend online money transfers if you’re looking to change money in New Zealand dollars.

If you’re looking to send money to New Zealand or make any international transfers, OFX is a highly simple and convenient choice.

To begin, you’ll need to create a free account with OFX, or log in if you already have one. Once logged in, you can request a live quote for your transfer, which shows exactly how much your recipient will receive after fees and currency conversion.

Once you have all the necessary banking information for your recipient, enter your payment details and specify the amount you wish to send. OFX will automatically calculate the currency exchange amount into New Zealand Dollars, and you can see their transparent fee structure.

The most cost-effective way to send money to New Zealand locally is usually via an online banking transfer using OFX. Unlike traditional banks, OFX applies a small, transparent margin on the exchange rate instead of charging high hidden fees. This makes your cost to send money much cheaper.

With OFX, there are no strict minimum or maximum limits for personal transfers. This makes it easy to send larger amounts for tuition, property, or business purposes. Additionally, OFX gives you fee-free transfers when you send more than AU$10,000 (or any foreign currency equivalent).

If you’re looking for the cheapest way to send money to New Zealand, then bank transfers are the best method. If you’re looking for the fastest way, then credit or debit cards are your go-to. OFX’s platform combines competitive exchange rates with secure, reliable transfers, ensuring your money reaches the recipient safely and efficiently, regardless of the method you choose.

Transfers using credit or debit cards tend to be the fastest delivery method to send money online. These transfers often arrive at the recipient’s overseas bank within one business day or even the same day, compared to bank transfers, which can have delays.

Delivery speeds for international money transfers using OFX take between one and two business days, depending on the currency, transfer method, and recipient bank. Large transfers may require additional verification, which could add a little extra time, but OFX keeps you informed throughout the process.

Yes, sending money to New Zealand with OFX is a highly secure process. The platform uses bank-level encryption, secure logins, and transaction monitoring to protect your funds and personal information. Additionally, OFX is a regulated financial institution, giving you peace of mind that your money is in safe hands.

You’ll need your recipient’s Bank Code (BIC/SWIFT) and local bank account number. OFX does not need your recipient’s email address or mobile number.

To transfer money in person to New Zealand, you can head to a money changer near you. Here are our local city guides to find the best exchange rate:

  • Sydney – The best rates and competitive transfer fees in Sydney are found on Pitt Street, George Street or occasionally in Haymarket.
  • Melbourne – Money changers are located near Flinders Street Station in Melbourne, with the exception of United Currency in QV.
  • Adelaide – Most money transfer locations in Adelaide are located on King William Street.
  • Perth – You can send money through Ria Money Transfer, located in Morley, and Hai Ha Money Transfer in Girrawheen.
  • Brisbane – All the best places to send money internationally are located in the CBD, although they are spread out.

Affiliate Disclosure

This page contains affiliate links. If you choose to sign up for OFX through one of these links, we may earn a small commission, at no extra cost to you. We only recommend services we genuinely believe offer value to our users.