|MONEY TRANSFER ABROAD||BookMyForex. com||Other Forex providers*|
|Bank Charges||₹ 225 ZERO||₹ 1000|
|OVERALL HIDDEN CHARGES||₹ 0||₹1200|
|* Other Forex providers include Online and offline companies. BookMyForex.com charges a Bank Fee of Rs. 225 which is paid back to the customer as cash back post order completion. Beneficiary's bank or intermediatory banks overseas may apply additional charges to customers as per local arrangement or inter-bank arrangements|
Live and transparent transfer rates displayed 24x7. Options to lock-in your rate for as much as 3 days. Rate alerts to notify you when your desired rates are available.
All transfers are processed within 24 working hours after receipt of the funds & documents. Funds received by the beneficiary abroad within 24 hours at no extra cost.
Book your order online and schedule a document pick up. We will pick up the documents from your home/ office at absolutely zero cost. Alternatively you can visit a bank branch to submit your documents.
BookMyForex waives off all sending charges associated with processing wire transfers. While banks typically charge between Rs. 500 - Rs. 2,500, with BookMyForex you pay absolutely ZERO.
Over ₹ 1,600 crore in Forex Transactions Processed
New Zealand has emerged as the next big destination for Indians to move to, either to settle down or to study and work. And with this movement of people, there is a natural increase in people wanting to transfer money to New Zealand from India. Most people send New-Zealand Dollar from India through the traditional route like Banks and Money Exchangers but this way to send money to New Zealand from India is expensive and time-consuming. The whole process is opaque and you are not sure how long it will take for your money to appear in the Kiwi Bank Account. But ever since the emergence of BookMyForex.com, to send money to New Zealand from India is not only cheap but easy and very fast. BookMyForex gives you the best rates in India on your money transfer online to New Zealand from India. Your money is reflected in the beneficiary bank account in 4-48 working hours and we don't charge any fees or charges. Not only that, the whole process to Transfer Money to New Zealand from India is open and transparent. You are kept informed and updated on every step of your money transfer online to New Zealand so that you are not worried. International wire transfer to New Zealand often tend to be quite big and if you are not aware and not kept updated about this international wire transfer, you may worry. But, BookMyForex takes care of all of that and ensures complete peace of mind through timely updates and reminders.
You have two ways to transfer money to New Zealand from India :
1: Wire Transfer Online to New Zealand (Swift Transfers)
2: Demand Drafts (money orders)
Wire-transfer is the easiest and best way to transfer money to New Zealand from India. Though online wire transfer from India to New Zealand is actually done by banks, it is cheaper to use the services of companies since like BookMyForex. These online marketplaces will get you a better rate to Send Money Online to New Zealand than banks. However, wire-transfers can be expensive. As Banks in India charge anywhere from Rs. 500 to Rs. 1000 to process it. Moreover, most foreign banks that receive the money also charge a foreign correspondent fee ranging from NZD 10 to NZD 40. But with BookMyForex, you don't have to pay anything to Send New Zealand Dollars. We don't charge any margins or commissions when you do a Money Transfer Online to New Zealand
You can send money to New Zealand through foreign currency demand drafts. Demand Drafts are physical paper drafts, issued in a specific foreign currency instead of a sending to a specific recipient. Demand draft is much cheaper than a wire-transfer Online to New Zealand. You have to pay just the demand draft fee to your bank or service provider. There is no need to pay any fee to the foreign bank receiving the money. This helps you save a lot of money.
However, the problem with demand drafts is that the process takes much longer to transfer money to New Zealand. It can take longer for the recipient to receive the money because you have to mail the demand draft physically. Once they receive it, it takes few days to en-cash the demand draft. The total number of days combined creates a large gap (maximum up to 10 days) in actually receiving the funds. So demand drafts work out better if there is no emergency. If you need to transfer money to New Zealand from India on a planned basis with sufficient notice, use demand drafts.
According to RBI’s LRS policy, Indians can send up to $2,50,000 or its equivalent per year per person abroad to New Zealand.
You can send money to New Zealand from India for the following 8 reasons:
1: Studies abroad
2: Business Trip
3: Medical Treatment Abroad
4: Maintenance of close relatives abroad
6: Going Abroad on Employment
7: Gift or Donation
8: Private Visits abroad
- Beneficiary Bank Name, Swift Code, Routing number & Correspondent Account No.
- Beneficiary Name, Address (as given in bank)
- Remitter Name, Account Number and Purpose of Transaction with KYC.
- Filled A2 Form cum declaration with signature
You need following documents to Send New Zealand Dollars:
- Original and valid passport
- Valid visa for the country of travel (except where VISA on arrival applies)
- Confirmed ticket-showing travel within 60 days of taking foreign exchange
- PAN (Form 60/61 in case PAN missing)
- Apart from this KYC of sponsoring company would be required as per RBI guidelines
—Smarter, Faster & Most Trusted Way to do a Wire Transfer from India to New Zealand.
—Send Money Online to New Zealand from India at the lowest possible rates.
- Send New Zealand Dollar and get Best Rate Guarantee – Find us a BETTER RATE & we’ll beat it.
- Fastest Transfers – Book your order online and have your transfer processed in the next 12 – 48 business hours.
- Best customer support, available 24×7 on every medium (FB/Twitter/Call/Email)
- There are no foreign transaction fees or hidden charges.
All foreign currency transactions are subject to Service Tax.
Foreign Exchange and Money Transfer services are available though Tied-up Reserve Bank of India approved Authorized Dealers only. All foreign exchange transactions are subjected to AML/CFT/KYC FEMA policies instructed by Reserve Bank of India.