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Thread: Tranzfers - A little warning

  1. #1
    Join Date
    Jan 2006
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    Palmerston North
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    451

    Default Tranzfers - A little warning

    I discovered this weekend, that if you want to do the transfer yourself ( so you wait for an exchange rate), you can't do a transfer over a weekend.

    Just a little warning in case anyone else has to wait 2 days!!

  2. #2
    Join Date
    Oct 2004
    Location
    Cambridge ex- Liverpool
    Posts
    3,562

    Default

    Good tip Dawn!!

    Steve

  3. #3
    Join Date
    Jan 2006
    Location
    Burton -on - trent, england
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    I've just transfered our money today...god I hope these guys don't rip me off !

  4. #4
    Join Date
    Jan 2006
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    Palmerston North
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    They won't rip you off, I've done 5 transfers now and all of them have gone like clockwork (except when I wanted to do it on a weekend!).

  5. #5
    Join Date
    Jan 2006
    Location
    Burton -on - trent, england
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    hey thanks for the re-assurance. It was a bit of a headache this morning when I was doing the chaps payment and all I could think of was ' are these guys gonna run off with all our money ' !

  6. #6
    Join Date
    Jan 2006
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    Palmerston North
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    No problem, it's worrying when you do large amounts. My first one was only 200, I had to make sure it went ok. When we do our transfers, it usually shows in our Kiwibank account within 12 hours.

  7. #7
    Join Date
    Jan 2006
    Location
    Burton -on - trent, england
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    yes, I think I ought to have done that too small transfers first, but I guess I got a little fazed when the exchange rate dropped from $3.05 to $2.91 in about 3-4 days. So I booked a transfer for a whopping amount of cash.
    I'm still anxious about it now...and wont know if it hits the account til tomorrow night Uk time.

    Oh well, these things have to be done I guess.

  8. #8
    Join Date
    Jan 2006
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    Palmerston North
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    I just checked our timings, I made a transfer at 8.0 PM on Monday and it hit our bank account at 10am on Wednesday, so you should know tomorrow morning. I have email notification set up to let me know when a deposit over $500 goes in, so I don't have to keep logging into internet banking to check, that was a little bit more peace of mind.

  9. #9
    Join Date
    Jan 2006
    Location
    Burton -on - trent, england
    Posts
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    You know I havent got an internet banking account set up yet for NZ. I rang the national bank directly and setup the accounts over the phone. I think I'll look into getting the internet side of it setup.. thanks dawn for the advice !

  10. #10
    Join Date
    Jan 2006
    Location
    Palmerston North
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    451

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    I was able to set my internet banking account up over the phone with Kiwibank, I have to say, they were brilliant. Banking over there is very different and I got confused a number of times!

    The best thing about having the internet banking is that I was able to set up what they call an online call account, which is currently giving me (fantastic) 7.2% interest and I couldn't have done that without the internet access.

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