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Thread: Money changer in NZ

  1. #1
    Join Date
    Jul 2013
    Location
    philippines
    Posts
    160

    Default Money changer in NZ

    Hi there,

    anyone from the Philippines here? can you please share your experience on how you change PHP to NZD? Do I need to bring with me USD? or NZD? Peso value change directly to NZD, I think gives our PHP higher value rather than PHP to USD to NZD.

  2. #2
    Join Date
    Nov 2014
    Location
    Wellington, New Zealand
    Posts
    52

    Default

    Have you checked pay2home.com. I am using this service for transferring money from SGD to NZD. Their rates look pretty good compared to others in Singapore. Not sure about Philippines though. But they are available in Philippines too.

  3. #3
    Join Date
    Dec 2011
    Location
    PHIL-JKT-Singapore- Hamilton
    Posts
    185

    Default

    Quote Originally Posted by autumn View Post
    Hi there,

    anyone from the Philippines here? can you please share your experience on how you change PHP to NZD? Do I need to bring with me USD? or NZD? Peso value change directly to NZD, I think gives our PHP higher value rather than PHP to USD to NZD.

    Hi there,

    Just open a bank account in NZ via online. See below links. Then transfer your money via TT from your Philippine Bank (much more cheaper).

    https://www.asb.co.nz/section132.aspx
    http://www.anz.co.nz/personal/migran...en/move-to-nz/
    https://www.bnz.co.nz/personal-banki...to-new-zealand

    Regards,

  4. #4
    Join Date
    Jul 2013
    Location
    philippines
    Posts
    160

    Default

    Quote Originally Posted by jeremylee99 View Post
    Hi there,

    Just open a bank account in NZ via online. See below links. Then transfer your money via TT from your Philippine Bank (much more cheaper).

    https://www.asb.co.nz/section132.aspx
    http://www.anz.co.nz/personal/migran...en/move-to-nz/
    https://www.bnz.co.nz/personal-banki...to-new-zealand

    Regards,
    Thanks Jeremylee99,

    will they be the one to convert Philippine peso to NZD?

  5. #5
    Join Date
    Sep 2014
    Location
    Singapore --> Wellington, NZ
    Posts
    396

    Default

    Quote Originally Posted by autumn View Post
    Thanks Jeremylee99,

    will they be the one to convert Philippine peso to NZD?
    Yes, your local bank will convert PHP to NZD and credit it on to NZ bank. But you cannot withdraw the funds once you land in NZ. You need to go to your NZ bank branch to activate your account and withdraw the funds. It takes about 30-45 mins to activate and complete the paper work for your local NZ bank account.

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