Planning money transfers between NZ and the Philippines

Start with the transfer methods in INZ's banking guide, then ask providers for the terms of your particular transfer.

INZ describes transfers through a bank, foreign exchange broker or online money transfer service. It also notes that New Zealand banks generally allow transfers overseas through internet banking. This is a starting point for checking options, not a recommendation of a provider or a promise about transfers to a particular Philippine account.

Before choosing, ask the provider about the currency exchange, charges, recipient details and delivery process for your transfer. If you plan to transfer through your home bank before moving, check whether the first transfer must be made in person for security reasons. Do not rely on an old fee or exchange-rate comparison.