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Thread: Transferring money from India to New Zealand

  1. #31
    Join Date
    Sep 2008
    Location
    USA to Tauranga
    Posts
    302

    Default

    Whatever you do, don't receive your money with ASB - they are EVIL. They'll take an additional 5% off.

  2. #32
    Join Date
    May 2012
    Location
    India
    Posts
    229

    Default

    Quote Originally Posted by globetrecker View Post
    Whatever you do, don't receive your money with ASB - they are EVIL. They'll take an additional 5% off.
    I guess this will happen will all banks in Nz.
    Advantage of having account of Indian Bank, first and foremost they are Govt. banks, the charges of transfer from India and receiving in Nz is comparatively less. They transact in NZ$ rather than US $.
    They claim, to send the money from Nz to IN within the same day, to the account in the same bank, assume it will apply when we transfer from IN to Nz as well.

    One can use this bank to send and receive amount from India/ NZ and for salary transfer can use local banks like ASB, Westpac, Bnz, etc.

  3. #33
    Join Date
    Oct 2012
    Location
    india
    Posts
    216

    Default

    In coming year , i am also planningto sell my property in India and buy in NZ.

    What are the charges of thomas cook or BNz to transfer the money from India to NZ? How much time it will take ?

  4. #34
    Join Date
    Oct 2014
    Location
    nz
    Posts
    2

    Default money transfer

    Quote Originally Posted by shawankit View Post
    I have sent you a private message ..see your inbox in notification section.
    I am also looking to sell of my property in india and transfer money here. Any ideas?

  5. #35
    Join Date
    Apr 2016
    Location
    nz
    Posts
    1

    Default

    I am also looking for money transfer any idea

  6. #36
    Join Date
    Mar 2015
    Location
    New Zealand
    Posts
    117

    Default

    I am also looking to sell property in India and bring money here as soon, but I would like to check, do we need to pay tax in India if we are selling property there and bringing the money here?, I heard from my friend saying that, no need to pay tax if you are buying a property again in India, but if you take that money to other country, we need to pay tax ? any idea ?

  7. #37
    Join Date
    Mar 2015
    Location
    New Zealand
    Posts
    117

    Default

    Reposted the same again...so deleting this ....................

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