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How would I change my Oz ANZ bakaccount to a NZ account without huge fees?

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  • 10-03-2010 9:42am
    #1
    brendansmith
    Registered Users Posts: 4,526 ✭✭✭


    Anyone have any ideas?

    Anyone done this before?


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    #2
    Mahatma coat
    Banned (with Prison Access) Posts: 6,869 ✭✭✭Mahatma coat


    I dont think you'll have a problem, have you really thought this question through, you are aware of what the NZ part stands for in ANZ, Right???????:D:D:D


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    #3
    Mahatma coat
    Banned (with Prison Access) Posts: 6,869 ✭✭✭Mahatma coat


    yer not aksherly movin Permanently are ya????????


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    #4
    jank
    Banned (with Prison Access) Posts: 13,018 ✭✭✭✭jank


    Christ man learn how to spell, at least try to make an effort.

    I was with westpac and although westpac has a setup in both OZ and NZ they are not linked at all. I had to setup another account with them and send NZ Westpac a Fax with account details etc so that they could initiate a transfer of funds. And yes they did charge me on both ends!
    ANZ might be different but I wouldn't be too surprised if there was a charge after all it is a FX transfer!


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    #5
    brendansmith
    Registered Users Posts: 4,526 ✭✭✭brendansmith


    Mahatma coat wrote: »
    yer not aksherly movin Permanently are ya????????
    Fraid so, well for 6 months, then home to finish degree, then apply for Permanent residency for oz, and then, then I will take my rightful place on the throne of my fathers kingdom.


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    #6
    FreeAnd..
    Closed Accounts Posts: 1,150 ✭✭✭FreeAnd..


    anz in NZ and anz Oz or not linked at all either - I originally set up with ANZ in oz with the intention of switching over to NZ but had to go through everything to set up a new account here exactly the same as if I never had an account in Oz...you still get charged ridiculous fees when using an OZ ANZ card here in a NZ atm...Sham really


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    #7
    FreeAnd..
    Closed Accounts Posts: 1,150 ✭✭✭FreeAnd..


    Mahatma coat wrote: »
    I dont think you'll have a problem, have you really thought this question through, you are aware of what the NZ part stands for in ANZ, Right???????:D:D:D

    You'd think so but means absolutely nothing


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    #8
    brendansmith
    Registered Users Posts: 4,526 ✭✭✭brendansmith


    FreeAnd.. wrote: »
    anz in NZ and anz Oz or not linked at all either - I originally set up with ANZ in oz with the intention of switching over to NZ but had to go through everything to set up a new account here exactly the same as if I never had an account in Oz...you still get charged ridiculous fees when using an OZ ANZ card here in a NZ atm...Sham really


    Fukks sake. What New Zealand bank would you recommend? How would you recommend getting money into an NZ account cheaply?

    Thanks


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    #9
    brendansmith
    Registered Users Posts: 4,526 ✭✭✭brendansmith


    Mahatma coat wrote: »
    you are aware of what the NZ part stands for in ANZ, Right???????:D:D:D


    Yeah I was aware of that which is why I figured id be ok. Kunts!


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    #10
    FreeAnd..
    Closed Accounts Posts: 1,150 ✭✭✭FreeAnd..


    brendansmith wrote: »
    Yeah I was aware of that which is why I figured id be ok. Kunts!

    I hear you - I was exactly the same...can't really recommend any of them - maybe use Forex or something..you do get a number of free transfers and a good exchange rate (but takes time and proof of id etc to set up) -

    if you use your OZ anz card here I think the charge are:

    $5 Foreign Transaction
    $2 Atm Transaction
    Not a great exchange rate and I'm still not sure if they add on a non anz transaction for using other banks (as well as the $2 charge for it being a non oz anz) - I think thats all about right...its pretty ****ty either way


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    #11
    FreeAnd..
    Closed Accounts Posts: 1,150 ✭✭✭FreeAnd..


    actually i just checked it and it works as follows on any transaction

    ATM TRANSACTION FEE $5 AUD
    OVERSEAS TRANSACTION FEE of 2% NZD (so around 1.75 AUD or so)

    and i've only ever used an anz atm here so i wouldnt be surprised if they tagged on a non anz fee to


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    #12
    brendansmith
    Registered Users Posts: 4,526 ✭✭✭brendansmith


    What are you advising me to do? Set up an account over there from here and transfere the money?


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    #13
    FreeAnd..
    Closed Accounts Posts: 1,150 ✭✭✭FreeAnd..


    just wait until you get to NZ and set up an account - you can then transfer it over the internet - you still get ripped off - $25 fee to receive i think and fees on the OZ end, something stupid like that...best advise is to keep your AUD in Oz and earn some NZD here...I think the rate for AUD to NZD is the strongest its been in years though so that should make up for any fees...

    Can't really advise much past that- you'll basically get ripped off either way unless you use a specialist Foreign exchange company and NZForex are doing first 2 transfers free (I just started to join last week so I can transfer a few lump sums without getting screwed)


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