Transfer Money to New Zealand | Send Money From India to New Zealand | BookMyForex (2024)

Send Money from India to New Zealand with BookMyForex

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 dollars from India through the traditional route like Banks and Money Exchangers but this way to send money to New Zealand is expensive and time-consuming. BookMyForex has made it easy and fast to send money from India to New Zealand.

BookMyForex gives you the best rates in India on your money transfer online to New Zealand. Your money is reflected in the beneficiary bank account in 12-48 working hours. Not only that, the whole process of transferring Money to New Zealand is secure and transparent. You are kept informed and updated on every step of your money transfer as we understand customer concerns and anxiety around payments overseas.

BookMyForex processes remittances via trusted and authorized banks in India. With the help of our mobile app or website, you can send money from India to New Zealand from the comfort of your home. You can easily pay student fees, send money to family and friends, transfer money overseas for immigration or work, and make many other forex transactions. Our “Book Now, Pay Later” feature allows the customers to lock in forex rates and complete the transaction within 3 days.

Modes to Send Money to New Zealand from India:

You have two ways to transfer money:

1: Wire Transfer Online to New Zealand (Swift Transfers)

2: Demand Drafts (money orders)

How to transfer money from India to New Zealand?

Using the fully online remittance process on BookMyForex. A wire transfer from India to New Zealand is super easy to carry out. Your wire transfer will be done as quickly and efficiently as possible if you do it via BookMyForex. On BookMyForex's platform, you would then have to book the order and then sign the documents either online or offline.

And here's how you can use BookMyForex website for a wire transfer. Follow the steps below:

Step 1: Choose the city and country to which you need to transfer the money with the amount needed to be sent. Press the “Book this Order” button to initiate the order.

Step 2: Now authenticate your details through a PAN card or Aadhar card.

Step 3: Give the reason for the money transfer and check if you are eligible.

Step 4: Next, You will need to upload the minimum set of documents such as the remitter's photo cum address proof. This can be a valid passport, Aadhar card, or voter card, plus some other valid documents based on the purpose of remittance.

Step 5: Give beneficiary details such as name, address, routing number, and bank name, along with bank address, account number, and Swift code. This will complete the process of money transfer, allowing you to send funds from your account to the beneficiary’s account.

Step 6: Once these steps are completed, you will get a declaration form that will need your consent. For consent, an OTP will be sent to your registered phone number and email ID.

Step 7: Before you proceed further, make sure to review your order details and then you can make a payment either via NEFT/RTGS or Net banking.

Step 8: You will be shared the Order Confirmation summary. Now you need to check the Remittance Application form sent on your registered email ID and send it to Bookmyforex digitally. After the partner bank processes the remittance, you will get a SWIFT acknowledgement. You can track the status of the order in real time.

Alternatively, you can also use the mobile app for easy transfer of money with these simple steps:

Step 1: To begin, install the app and register/log in. Click on the “International Money Transfer” option. Select your city and the country where the remittance needs to be made. Now enter the amount to be sent and click on the “Book this Order” button.

Step 2: Give you details for authentication.

Step 3: Now give the specifics about why you need to transfer money and verify the eligibility.

Step 4: In the app, too, you will have to upload some documents for authentication, such as your photo cum address proof. You could use a voter card, valid passport, or Aaddhar card for the same. You will also need to submit some documents showcasing the reason for the remittance.

Step 5: Once your details are given, put in the beneficiary details like name, address, bank name, etc.

Step 6: Select your location to process your order

Step 7: Review the order and make the payment using NEFT/RTGS or Net Banking.

Step 8: Lastly, you will get an Order Confirmation summary on your registered email. From your end, you will need to send us the remittance application form emailed to you. After the partner bank processes the remittance, you will get a SWIFT acknowledgement.

Benefits of choosing a fully online remittance process on BookMyForex?

Say “No” to bank visits:

You can now easily transfer money from India to New Zealand. You do not need to visit any banks or other vendors as our fully online remittance process will take care of your transfers. Let BookMyForex take care of your transfer and we will make sure that it is processed as easily as possible into the account of the recipient. On BookMyForex's website or app, simply book the order and leave the rest to us.

Huge Savings:

If you go to a bank directly, you're going to have to fork out about 2% more than what you'd spend on BookMyForex. We also give you the option to book live NZD exchange rates and, if required, even freeze the rates.

Simple & Easy Process:

At BookMyForex, we like to keep the process straightforward and effective so that you don't even have to think about yourself carrying the documents to the bank. What you need to do is upload the documents on the website and that's pretty much it. It is so easy, trust us!

Best Customer Service Support:

Our support team is just a call/email away and we try to reply to all the queries as soon as possible because you matter to us. At BookMyForex, we believe in total fairness and regard the customers' money as our own money. We get remittances processed through trusted banks in India.

Affordable And Efficient:

BookMyForex is one of the most affordable platforms for transferring money to New Zealand. We charge only INR 225 + GST on transitions, significantly lower than traditional money transfer methods and if you use a promo code, these charges are also waived. We have the fastest money transfers, which only take 12-48 working hours. BMF also allows sending money to 150+ countries.

Notes:

All foreign currency transactions are subject to Service Tax. Foreign Exchange and Money Transfer services are available through Tied-up Reserve Bank of India-approved Authorized Dealers only. All foreign exchange transactions are subjected to AML/CFT/KYC FEMA policies instructed by the Reserve Bank of India.

Factors to consider when sending money from India to New Zealand

1) Remittances are heavily influenced by exchange rates. Every second, exchange rates are changing; you might decide to make a transfer at one rate, but the actual transfer takes place at a much higher rate. Sending money abroad shouldn't result in higher rates than the average. You can even lock rates on platforms like BookMyForex.

2) It is also important to consider the speed of the transfer. Money transfer methods vary in speed; even within the same method, some platforms may be faster than others. It depends on the urgency of your needs. The fastest way to send money from India to New Zealand is through a wire transfer, which takes 12 to 48 hours.

3) To guide you throughout the money transfer process, you want a service provider with excellent customer support. You can count on BookMyForex for guidance throughout the money transfer process or for assistance if you have any concerns.

4) The transfer fee is usually charged by service providers which can be fixed or a percentage of the total amount transferred. At Bookmyforex, you will be charged just Rs225 + GST as a transfer fee for sending money from India to UAE which is also waived if you apply the promo code.

Transfer Money to New Zealand | Send Money From India to New Zealand | BookMyForex (2024)
Top Articles
Latest Posts
Article information

Author: Nathanial Hackett

Last Updated:

Views: 5574

Rating: 4.1 / 5 (52 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Nathanial Hackett

Birthday: 1997-10-09

Address: Apt. 935 264 Abshire Canyon, South Nerissachester, NM 01800

Phone: +9752624861224

Job: Forward Technology Assistant

Hobby: Listening to music, Shopping, Vacation, Baton twirling, Flower arranging, Blacksmithing, Do it yourself

Introduction: My name is Nathanial Hackett, I am a lovely, curious, smiling, lively, thoughtful, courageous, lively person who loves writing and wants to share my knowledge and understanding with you.