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Once OFX receives your funds, 80% of all major currency transfers are processed in 24 hours
Our global support team is available around the clock - 24 hours a day, 7 days a week
How to Send Money to New Zealand
Gather the relevant banking information including the name on the recipient’s bank account, the account number, and the BSB (bank-state-branch) number, which is also known as the national clearing code.
Create a free online account with OFX, or login to get a live quote for your money transfer.
Enter your details and those of your recipient.
Choose ‘finalise transaction’ to process your payment.
It’s easy and affordable to send money to New Zealand using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.
When sending money to New Zealand, also known as a wire transfer to New Zealand, keep in mind that different tax regulations may apply to sending large sums of money overseas depending on many factors including:
how the money is going to be used
how much you are sending
the source of the funds
if the money has been taxed elsewhere
For example, supporting family members by paying for living expenses is usually considered different from sending large sums of money abroad as a gift. See our Guide to Sending Money to Family Abroad for more details.
How to transfer money to New Zealand at a great exchange rate
When looking at exchange rates, it’s important to know that the value of the New Zealand dollar (NZD) may fluctuate based on the price of milk, due in part to the country’s reliance on its dairy exports. Also, because the NZD trades actively against the U.S. dollar, the strength of the U.S. economy could also play a role in NZD’s exchange rate. If you want to read up on the factors that influence the value of the New Zealand dollar or other currencies, head over to the Exchange Rates section of our site.
Send Money to New Zealand - FAQs
Wondering how to send money to New Zealand? Use OFX and outsmart your bank when you exchange your Canadian dollars for New Zealand dollars. With offices around the world, we provide 24-hour access to our highly skilled transfer team.
How quickly can OFX transfer money to your New Zealand bank account?
Generally speaking, you can expect your funds to arrive in 3 days: 2 days for your Canadian bank to Bill Pay or wire us the money and 1 day for OFX to convert your Canadian Dollars into New Zealand Dollars and transfer to your New Zealand bank account (via SWIFT) for final settlement.
Is there any limit on how much money you can send to New Zealand?
Absolutely not. In fact the more money you send, the better the exchange rate we can give you. However, in order to give you the best exchange rate we do require a minimum of $200 be transferred.
How much does cost to send money to New Zealand bank account?
The most we charge is just $15 for sending Canadian Dollars to New Zealand. If you send more than $10,000 to New Zealand, we waive the fees altogether. Our customers’ real savings come from our highly competitive exchange rates. Compare our great exchange rates to your bank and see how hard they are to beat.
Can you send money from your New Zealand bank account to Canada?
Yes you can send money from New Zealand to your Canadian bank account.
How can OFX help me manage NZD/CAD exchange rate movements?
We offer Target Rate Transfers (Limit Orders) to help our customers lock in a desired exchange rate and Forward Contracts to freeze a current exchange rate for future use. You won't typically realize the full potential of Limit Orders and Forwards until you send upwards of $30,000, the minimum for using our Forwards or Limit Orders.
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