XE, HiFX etc - 'wire' fees

[aboylikedave]

Hi guys

Have been using Xe.com for a few months and just noticed that I am paying $25 per transaction to send the money via online banking to my NZ ASB account.

Does anyone know if this 'wire' fee is pretty standard?

Thanks

[IanW99]

Hi guys

Have been using Xe.com for a few months and just noticed that I am paying $25 per transaction to send the money via online banking to my NZ ASB account.

Does anyone know if this 'wire' fee is pretty standard?

Thanks

There are several different transfer options, where wire transfers do cost around NZ$25.

You need to select EFT instead if you don't want transfer charges...

Option: Delivery by EFT Electronic Funds Transfer (ACH)
Choosing this delivery option directs us to automatically deposit the funds to a specified bank account. This account can be your own, or can belong to the recipient of your choice. Sending funds by EFT from XE Trade is free. EFT is relatively fast, although not as fast as a Wire Transfer. Free delivery via EFT is currently available for the following currencies and countries:
AUD to Australia.
CAD to Canada.
EUR to France, Germany, Italy, Netherlands and Spain.
GBP to The United Kingdom.
NZD to New Zealand.
USD to The United States or Canada.

Assuming you are transfering from UK to NZ?

Ian

[aboylikedave]

There are several different transfer options, where wire transfers do cost around NZ$25.

You need to select EFT instead if you don't want transfer charges...


Assuming you are transfering from UK to NZ?

Ian

Cheers Ian. Yes, UK to NZ. EFT looks like a simple solution. I wondered why it seemed to be arriving so quickly!