How to send money to New Zealand from Australia with the best AUD-NZD rate

Comparing providers offering services between Australia and New Zealand, based on your specific needs is the best way to send money with confidence.

Based on the availability of companies for AUD/NZD

• Wise is our top pick for sending Australian Dollar to New Zealand. A transfer of 12,000 Australian Dollars to NZD will cost you $45.57 in fees, and you will receive 14,613.93 NZD. The transfer time is next day, but might be a bit longer depending on the day you make the transfer.

• Of the 13 providers compared, Key Currency is the cheapest option for sending money right now. We found that Key Currency is 0.01% cheaper than the second-best option.

• Fastest way to send money to New Zealand from Australia is via Revolut. The transfer time is same day with Revolut for a $12,000 transfer, but it will depend on the time, day of the week, and the amount you send.

Our comparison includes 13 companies that provide the ability to send Australian Dollar to New Zealand.

This ensures you get the best options for transfers to New Zealand from Australia, based on the amount you want to send.

The exchange rate determines the price you’ll pay for New Zealand Dollar when sending Australian Dollar to New Zealand.

The rate between the Australian Dollar and New Zealand Dollar is currently 1.2208. Wise offers the best exchange from AUD-NZD.

The total cost of sending money to New Zealand from Australia is a mix of the mid-market, exchange rates and transfer fees.

• The Mid-Market and Exchange Rates: The mid-market for AUD-NZD is 1.2208 NZD per Australian Dollar.

• Fees: When sending money there may be additional fees. Key Currency offers the lowest fee of the 13 providers tested, costing justs 0 AUD per transfer.

• Amount Received: When comparing providers, the best measure is the amount of New Zealand Dollar eventually received in New Zealand.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in New Zealand, means a better overall cost of sending money from Australia.

Sending money via a bank transfer is the recommended option for sending money from Australia to New Zealand.

Here are the popular ways to send money from Australia to New Zealand:

Bank transfers

Bank transfers are often the best payment method for money transfers from Australia to New Zealand.

A money transfer company like Key Currency offer bank transfers between Australia and New Zealand with lower fees and better exchange rates than you would get from a traditional bank. 


Debit and prepaid cards

Sending money from Australia to New Zealand with a debit or a prepaid card is very simple with Wise.


Wise is a leader in debit card payments for transfers from Australia to New Zealand, competing among a total of 13 active money transfer companies on this route.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Ensuring you fully understand regulations in Australia and New Zealand will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for sending money between Australia and New Zealand.

Some services between Australia and New Zealand have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in New Zealand as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to New Zealand, use Wise. The combination of rates and fees when sending from Australia to New Zealand is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Australia, or entering New Zealand. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive New Zealand Dollar in New Zealand. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from Australia to New Zealand will offer every method for incoming New Zealand Dollar, so it’s best to check ahead of time.

One of the more common ways to transfer from Australia into New Zealand Dollar is directly into a bank account. Wise is the best company for bank transfers between Australia and New Zealand.

And if you need cash right away, check if cash pickup is an option for transfers between Australia and New Zealand.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

When signing up to and sending Australian Dollar to New Zealand, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in Australia this will be a government issued ID such as a passport or driver's license. In New Zealand it will be similar, although this should only be needed if you are opening a new account in New Zealand, or collecting in cash. Sending to an existing bank account in New Zealand shouldn’t require any additional ID checks.

Large transactions between Australia and New Zealand, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to New Zealand is their easy sign up process in Australia.

When sending large amounts of money between Australia and New Zealand there will potentially be a tax declaration to consider.

Some transfers into New Zealand Dollar may need to be reported to tax authorities in New Zealand, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in New Zealand based on age, income and a few other elements. When in doubt, please contact a tax professional in Australia or New Zealand to discuss your personal circumstances.