Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From NZNew Zealand you can also send money to

Sending money from NEW ZEALAND to VANUATU

Data collected on: Mar 22, 2021
NZD | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (NZD)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Kiwibank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
25.0019.23
3.51
Percentage difference between market reference rate 76.95 and exchange rate charged 74.24
3.51
13.1313.13
34.1426.26
Westpac Express Visa Prepaid Card
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
ATM network
High
1.000.77
4.58
Percentage difference between market reference rate 76.95 and exchange rate charged 73.42
4.58
4.964.96
12.909.92
Kiwibank
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
20.0015.38
3.51
Percentage difference between market reference rate 76.95 and exchange rate charged 74.24
3.51
11.2111.21
29.1522.42
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
10.007.69
2.64
Percentage difference between market reference rate 76.95 and exchange rate charged 74.92
2.64
6.486.48
16.8512.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
4.003.08
2.24
Percentage difference between market reference rate 76.95 and exchange rate charged 75.22
2.24
3.783.78
9.837.56
TSB
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
25.0019.23
7.03
Percentage difference between market reference rate 76.95 and exchange rate charged 71.54
7.03
16.6416.64
43.2633.28
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.006.92
4.29
Percentage difference between market reference rate 76.95 and exchange rate charged 73.65
4.29
7.757.75
20.1515.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
6.004.62
6.49
Percentage difference between market reference rate 76.95 and exchange rate charged 71.95
6.49
8.798.79
22.8517.58
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.0021.54
4.04
Percentage difference between market reference rate 76.95 and exchange rate charged 73.84
4.04
14.8014.80
38.4829.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.004.62
4.28
Percentage difference between market reference rate 76.95 and exchange rate charged 73.65
4.28
6.596.59
17.1313.18
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
4.04
Percentage difference between market reference rate 76.95 and exchange rate charged 73.84
4.04
4.044.04
10.508.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.003.08
6.49
Percentage difference between market reference rate 76.95 and exchange rate charged 71.95
6.49
8.028.02
20.8516.04
Bank of New Zealand
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
25.0019.23
2.89
Percentage difference between market reference rate 76.95 and exchange rate charged 74.72
2.89
12.5112.51
32.5325.02
Westpac
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
30.0023.08
3.47
Percentage difference between market reference rate 76.95 and exchange rate charged 74.28
3.47
15.0115.01
39.0330.02
Bank of New Zealand
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
15.0011.54
2.89
Percentage difference between market reference rate 76.95 and exchange rate charged 74.72
2.89
8.668.66
22.5217.32
Westpac
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.47
Percentage difference between market reference rate 76.95 and exchange rate charged 74.28
3.47
3.473.47
9.026.94
Total Average First Quarter
9.129.12
Total Average Fourth Quarter 2020
10.2410.24
Total Average
Fee
13.0010.00
Exchange Rate Margin (%)
4.124.12
Total Cost Percent (%)
9.129.12
Total Cost (NZD) Total Cost (USD)
23.7018.23
Non-Transparent records
Bank account transfer Debit/credit card Cash Prepaid card
Less than one hour Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.003.08
6.49
Percentage difference between market reference rate 76.95 and exchange rate charged 71.95
6.49
7.107.10
46.1535.50
Bank of New Zealand
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
25.0019.23
2.89
Percentage difference between market reference rate 76.95 and exchange rate charged 74.72
2.89
6.746.74
43.8133.70
Westpac
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
30.0023.08
3.47
Percentage difference between market reference rate 76.95 and exchange rate charged 74.28
3.47
8.088.08
52.5240.40
Bank of New Zealand
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
15.0011.54
2.89
Percentage difference between market reference rate 76.95 and exchange rate charged 74.72
2.89
5.205.20
33.8026.00
Westpac
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.47
Percentage difference between market reference rate 76.95 and exchange rate charged 74.28
3.47
3.473.47
22.5617.35
Kiwibank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
25.0019.23
3.51
Percentage difference between market reference rate 76.95 and exchange rate charged 74.24
3.51
7.367.36
47.8436.80
Westpac Express Visa Prepaid Card
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
ATM network
High
1.000.77
4.58
Percentage difference between market reference rate 76.95 and exchange rate charged 73.42
4.58
4.734.73
30.7523.65
Kiwibank
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
20.0015.38
3.51
Percentage difference between market reference rate 76.95 and exchange rate charged 74.24
3.51
6.596.59
42.8432.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
12.009.23
2.64
Percentage difference between market reference rate 76.95 and exchange rate charged 74.92
2.64
4.484.48
29.1222.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
4.003.08
2.24
Percentage difference between market reference rate 76.95 and exchange rate charged 75.22
2.24
2.852.85
18.5314.25
TSB
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
25.0019.23
7.03
Percentage difference between market reference rate 76.95 and exchange rate charged 71.54
7.03
10.8710.87
70.6654.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
14.0010.77
4.29
Percentage difference between market reference rate 76.95 and exchange rate charged 73.65
4.29
6.446.44
41.8632.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
6.004.62
6.49
Percentage difference between market reference rate 76.95 and exchange rate charged 71.95
6.49
7.417.41
48.1737.05
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.0021.54
4.04
Percentage difference between market reference rate 76.95 and exchange rate charged 73.84
4.04
8.348.34
54.2141.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.006.15
4.28
Percentage difference between market reference rate 76.95 and exchange rate charged 73.65
4.28
5.525.52
35.8827.60
ANZ Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
4.04
Percentage difference between market reference rate 76.95 and exchange rate charged 73.84
4.04
4.044.04
26.2620.20
Total Average First Quarter
6.206.20
Total Average Fourth Quarter 2020
7.027.02
Total Average
Fee
13.5610.43
Exchange Rate Margin (%)
4.124.12
Total Cost Percent (%)
6.206.20
Total Cost (NZD) Total Cost (USD)
40.3131.01
Non-Transparent records
Bank account transfer Debit/credit card Cash Prepaid card
Less than one hour Next day 2 days 3-5 days
Bank account Cash