Send money overseas from NZ:
what it costs.
Sending money overseas from New Zealand costs a transfer fee, the exchange-rate margin and sometimes overseas bank charges. When we checked on 10 Nov 2026, ANZ, BNZ and Westpac charged nothing to send foreign currency online, ASB NZ$5 and Kiwibank NZ$10; Remitly charged NZ$0.99 to India and NZ$3.99 to the UK. Compare the amount that arrives, not the fee.
By country
Where are you sending money?
Each guide shows what the providers we checked charge for that currency and what NZ dollars buy at the mid-market rate on 11 Nov 2026.
- NZ to AustraliaFees to send AUD. Mid-market: A$0.8140 per NZ$1
- NZ to IndiaFees to send INR. Mid-market: ₹52.31 per NZ$1
- NZ to UKFees to send GBP. Mid-market: £0.4196 per NZ$1
- NZ to PhilippinesFees to send PHP. Mid-market: ₱35.32 per NZ$1
- NZ to USFees to send USD. Mid-market: US$0.5584 per NZ$1
- NZ to ChinaFees to send CNY. Mid-market: CN¥3.7247 per NZ$1
- NZ to South AfricaFees to send ZAR. Mid-market: R9.249 per NZ$1
- NZ to South KoreaFees to send KRW. Mid-market: ₩746.5 per NZ$1
- NZ to SamoaFees to send WST. Reference rate: WS$1.5585 per NZ$1
- NZ to TongaFees to send TOP. Reference rate: T$1.3580 per NZ$1
- NZ to FijiFees to send FJD. Reference rate: FJ$1.269 per NZ$1
Checked 10 Nov 2026
What do NZ banks and transfer services charge to send money overseas?
The table lists every provider's general fees for personal customers, taken from its own fee page or brochure.
| Provider | Fee to send online | Other ways to send | Overseas bank charges | Exchange rate |
|---|---|---|---|---|
| ANZ →Bank · checked 10 Nov 2026 | NZ$0 in goMoney or Internet Banking (ANZ says this is a current fee offer) | NZ$15 in a branch or by phone | An ANZ "OUR Fee" may apply to foreign-currency payments; the page gives no amount | ANZ converts at its own exchange rate; the page does not state the margin |
| BNZ →Bank · checked 10 Nov 2026 | No charge to send foreign currency online; NZ$5 to send NZ dollars | NZ$25 staff-assisted | BNZ covers the correspondent bank fee on online foreign-currency payments; NZ$12 for "Charges Our" on NZD payments | "BNZ includes a margin on foreign exchange conversions"; the size is not stated |
| ASB →ASB Guide to fees, 15 Sep 2026 | NZ$5 in FastNet Classic internet banking | NZ$30 at an ASB Advice Centre | Choose "Sender to Pay" and ASB adds an Other Bank Fee (NZ$5 to NZ$25 by currency); choose "Recipient to Pay" and fees will likely come out of the payment | The fee guide does not state ASB's exchange-rate margin |
| Westpac →Westpac personal fees, effective 10 Nov 2026 | NZ$0 in Westpac One in a foreign currency; NZ$5 in NZ dollars | NZ$30 staff-assisted | NZ$25 for the OUR charge option; other banks may still deduct fees | The fee brochure does not state Westpac's exchange-rate margin |
| Kiwibank →Kiwibank Fees & Limits, effective 14 May 2026 | NZ$10 in internet banking with SHA charges; NZ$20 with OUR | NZ$25 in a branch or by email (SHA); NZ$35 (OUR) | SHA: overseas bank fees come out of the payment. OUR: you pay them, though the recipient may still be charged | The brochure does not state Kiwibank's exchange-rate margin |
| Wise →Transfer service · checked 10 Nov 2026 | A percentage fee that varies by currency (see Wise's pricing page) | — | — | Wise says it uses the mid-market rate, with a fee discount on transfers over NZ$44,000 |
| Remitly →Transfer service · checked 10 Nov 2026 | Varies by country; quoted in its calculator | — | — | Remitly quotes its own rate; new customers get a better rate or no fee on their first transfer |
| OFX →Transfer service · checked 10 Nov 2026 | NZ$12 on transfers under NZ$10,000; no transfer fee from NZ$10,000 | — | Third-party banks may deduct a fee before paying your recipient; OFX gets none of it | OFX says its rate is the market rate plus its margin, shown before you confirm; new customers get an introductory rate on a first online transfer |
Fees as published on each provider's page or fee brochure, read on 10 Nov 2026. Fees change, and the overseas bank or the recipient's bank may charge too. None of these links are affiliate links.
Reading a quote
How do you compare two transfer quotes?
Put both quotes in the currency the recipient gets. Divide what arrives by the NZ dollars you pay, fee included, and compare that rate with the mid-market rate for the same day. The closer it is, the less the transfer costs you. Our mid-market rate vs bank rate guide works through an example, and Wise vs OFX and Wise vs Remitly set those services' pricing side by side.
This page lists published fees. It doesn't recommend a provider or tell you when to send. For how long a transfer takes and how much you can send, see international transfer times. For what the banks expect the NZ dollar to do, see every bank forecast.
FAQ
What else do people ask about sending money overseas from NZ?
Straight answers, with the source and date for every figure.
How much does it cost to send money overseas from NZ?
Three things make up the cost: the transfer fee, the margin between the provider's exchange rate and the mid-market rate, and any overseas bank charges. On 10 Nov 2026, ANZ charged NZ$0 to send money online and NZ$15 in a branch, and BNZ charged nothing to send foreign currency online and NZ$25 with staff help. Neither bank publishes its exchange-rate margin.
What does OUR mean on an international transfer?
OUR means the sender pays the overseas bank charges, so more of the payment should reach the recipient. BNZ's "Charges Our" option was free on online foreign-currency payments and NZ$12 on NZ dollar payments when we checked on 10 Nov 2026. ANZ has an "OUR Fee", a process fee that may apply to foreign-currency payments. Other banks in the chain can still take a fee.
Is it cheaper to send money overseas with a bank or a transfer service?
It depends on the amount and the currency. ANZ, BNZ and Westpac charged no online fee to send foreign currency when we checked, ASB charged NZ$5 and Kiwibank NZ$10 or more, and the banks convert at their own rates. Wise says it uses the mid-market rate and charges a percentage fee. OFX charges NZ$12 under NZ$10,000 and adds its margin to the market rate. Remitly quotes a fee and its own rate. Get a quote from each and compare the amount that arrives.
How can I send money overseas from NZ without fees?
Several providers charged no transfer fee when we checked, but none of them converts for free. On 10 Nov 2026, ANZ charged NZ$0 to send money online, and BNZ and Westpac charged no online fee to send foreign currency. Westpac One lists a NZ$0 transfer fee to Samoa, Tonga, Fiji and other Pacific countries. On 11 November 2026 Western Union's converter showed a NZ$0.00 fee to Samoa and Fiji on its default options. Each of them converts at its own rate, which is where the cost sits, and an overseas bank may still deduct a charge.