Transfering Money from NZ - cheapest way

Shelby219

Registered User
Messages
105
My daughter wants to send me money from New Zealand ,is it cheaper for her to transfer the money directly to my account or get a bank draft and post it to me , I'm not sure if we both get charged for a transfer?
 
Is the transfer NZD to EUR?

The cheapest way is to use an online currently broker such as Currency Fair.

If the amount is small, you night be best just doing a wire transfer but you will probably pay a high FX fee.

There is normally no charge for an incoming transfer. (Apart from FX fees).

Bank draft is the worst option.
 
Back
Top