nippa&pippa
2nd May 2007, 10:56 PM
Since our house have been sold and exchange last month, our house money been sitting in foreign currency account in NZ's bank. Now we need to exchange some of them into NZD. How can we do this with higher exchange rate as possible because we notice bank's rate is lower than normal rate show in exchange rate websites?
Thanks
Familyofmonkeys
3rd May 2007, 12:56 AM
We've been using MoneyCorp, who give muxh better rates. You agree a buy contract, and when the target is reached you have three days to pay them by bank transfer, and they then transfer the funds to any other account you nominate at their cost. Basially, you'll pay a BACS type fee once with your bank, and that's it.
Hope that helps, but there are other exchange firms as well, and they use a similar dealing system.
Park City Partner
3rd May 2007, 07:39 AM
XE.com is another website that does exchanges as well. It is kind of a hassel at first to get set-up but then once you are signed up it is easy and they have good rates...the more money you transfer the better the rate..
jen
3rd May 2007, 09:06 AM
We've used XE.com & have been happy with them - just be sure to allow enough time to get it set up and for the transfers (it's been taking 7-8 days for us to get money from out US bank to ASB).
Not that there's ANY kind of good exchange rate for us with the US dollar in the shape it's in at the moment :wah
Jen
nippa&pippa
3rd May 2007, 09:09 AM
We've used XE.com & have been happy with them - just be sure to allow enough time to get it set up and for the transfers (it's been taking 7-8 days for us to get money from out US bank to ASB).
Not that there's ANY kind of good exchange rate for us with the US dollar in the shape it's in at the moment :wah
Jen
Money is already in NZ bank... so just need to exchange in to NZD. I know the rate isn't good at the moment :wah , but need money for deposit on house in a week time.
nippa&pippa
3rd May 2007, 08:40 PM
Thanks for your help, I will now look into XE.com.
© emigratenz.org. All Rights Reserved
vBulletin® v3.7.0, Copyright ©2000-2008, Jelsoft Enterprises Ltd.