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| Thread ID: 134369 | 2013-06-25 04:51:00 | Is it possible to do an on-line transfer to an Australian Bank? | Billy T (70) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1346894 | 2013-06-25 06:51:00 | I have a savings account with two EFTPOS cards Billy. One is held by my daughter in WA. If I want to give her funds, I tell her how much to take out in $NZ. This savings account is only used for this purpose, and I keep it with a low balance and only transfer sufficient funds to it to meet the requirements of any particular "transaction". |
John H (8) | ||
| 1346895 | 2013-06-25 07:20:00 | I have a savings account with two EFTPOS cards Billy. One is held by my daughter in WA. If I want to give her funds, I tell her how much to take out in $NZ. It was cheaper to buy in Oz, and she had to act fast to take advantage of a special price, so I'll just go up to the Bank tomorrow and do a transfer that way. I might try the eftpos card solution for future use though, it sounds much easier and I can top it up by a local transfer. I have a spare account that I can use it on. Cheers Billy 8-{) |
Billy T (70) | ||
| 1346896 | 2013-06-25 09:20:00 | Buy your daughter an Aussie Dollar cheque from your bank and mail it ( cheaper than a bank draft), or otherwise do an Aussie Dollar transfer by Bank Draft, It is essential that the draft is in Aussie Dollars, if you transfer NZ Dollars you will be clipped a further exchange fee at this end. |
KenESmith (6287) | ||
| 1346897 | 2013-06-25 10:53:00 | Sure you can do it, I swap money between my NZ and Aussie accounts quite often. I did need to instruct the bank to allow international transactions for the nominated accounts but after that, No drama. |
Metla (12) | ||
| 1346898 | 2013-06-26 01:35:00 | I have an accout with Westpas in Aussie and they fefinitely have the ability to transfer money internationally from the account. You have to set a phone number in your account details and when you make a transfer, a 4 digit code comes up and you confirm it when your phone rings. Is NZ's banking getting behind the times when no international transferrals are possible? |
Fishb8 (484) | ||
| 1346899 | 2013-06-26 02:36:00 | Billy, I set up the eftpos thing years ago - we have both had card renewals in that time, so it must have been a while (I have a feeling it may have been 2004 or 2006 when we set it up). Maybe things have loosened up since the time when I set up our arrangement, like Fishb8 and Metla are suggesting. Maybe if you set up a joint account in Oz with your daughter you could do transfers from your NZ account to the Oz account. It would be better than having a couple of eftpos cards floating around... I just keep ours going because it works for us. Handy for birthday cash gifts etc. | John H (8) | ||
| 1346900 | 2013-06-26 04:33:00 | Sure you can do it, I swap money between my NZ and Aussie accounts quite often. I did need to instruct the bank to allow international transactions for the nominated accounts but after that, No drama. That's very handy to know As most of our banks are aussie owned it should be very easy, but I don't think they want to do it. I did hear some rule about money Laundering But I think that's just an excuse for being archaic. And gouging high fees fro doing bank transfers. Otherwise I'd go with Paypal |
Digby (677) | ||
| 1346901 | 2013-06-26 04:35:00 | I have an accout with Westpas in Aussie and they fefinitely have the ability to transfer money internationally from the account. You have to set a phone number in your account details and when you make a transfer, a 4 digit code comes up and you confirm it when your phone rings. Is NZ's banking getting behind the times when no international transferrals are possible? Can u transfer money from other countries banks via online banking ? |
Digby (677) | ||
| 1346902 | 2013-06-26 07:24:00 | I am pretty sure even Kiwibank does international transfer online. You need a bit other details thou not just the person's name and account no. You may need additional info to ID their bank. There is still a $10-15min fee though. | Nomad (952) | ||
| 1346903 | 2013-06-26 11:30:00 | OK, I've now got some good ideas from that lot thanks. I'll go up to my Bank tomorrow and see what options they offer. I already get 'Netcode' texts for local transfers in excess of a nominated limit so I guess the same principle would apply for International. I'm well enough known at that Branch, they messed up my Kiwisaver account and didn't make my deductions, so they ended up having to compensate me for the lost income from the government contribution, so these days I usually get a good hearing when I go in. :) Cheers Billy 8-{) |
Billy T (70) | ||
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