Money transfer from India to New Zealand

Wire Transfers are a type of electronic payment that is sent over a worldwide network of hundreds of Indian and international banks. This may be used to transfer funds from an Indian bank account to a bank account outside of India. Wire transfers are frequently viewed as a safe and secure way to send money across borders. It generally takes 1-2 days for the transfer to take effect. As a result, it's an excellent choice for emergency moves.

How to Send Money to New Zealand from India?

The process of sending money is simple. Here you can find all steps related to it.

First, mention the specifics of your transaction, such as the currency, amount, and reason for the payment, and submit the necessary documents enlisted in the portal.

For verification, you will be asked to produce the KYC documents so, keep them ready.

Once documents are verified you transfer the funds, which has to be sent to New Zealand.

Your transfer process is completed. Now, wait for the call from your loved one, who will inform you about the received NZ $.

What are the different purposes under which we can transfer money to New Zealand?

The different purposes for which you can transfer money to New Zealand are listed below.

1. For university fees and educational needs.
2. Medical Treatment in New Zealand.
3. Maintenance of close relatives and loved ones living there.
4. Emigration.
5. For employment needs.
6. Gifting or Donation.
7. For private vacation trips – payment towards hotel bookings or tour packages.

If you cannot decide on which category your purpose falls in, call the customer care of Orient exchange and, we will guide you.

Documents and details required to send NZ Dollar

To maintain the authenticity of the transfer and its creditability some documents will be asked by your forex partner. It may vary but we have listed out some documents that are mandatory when you send New Zealand dollars.

Beneficiary required documents and details

• Beneficiary Name and Address.
• Bank Account Number.
• Name and address of the Beneficiary bank.
• SWIFT code.

Sender Document and required details

• Identification cards issued by the Indian government, such as Aadhar cards, passport, and so on.
• PAN card.
• Proof of purpose for university fees, tourism, and other purposes.
• Relationship proof with beneficiary.

Few steps to process the online wire transfer

One of the coziest privileges you get for choosing Orient Exchange is the availability of our online web portal. You can choose any of our services from it and have the process completed at your place with our people visiting you.

The payment process is very simple - you have to navigate to our web portal, then you have to select the purpose, your location, and beneficiary’s location. Then select the currency you have to transfer and the amount and then click book now. You will be prompted to log in to your page if you are not logged in. once you have booked you will be asked to submit some KYC documents, complete them. And you have completed an overseas transfer order.

Can money be transferred to FTS Account through Orient Exchange?

The Fund Transfer Scheme or the FTS Account is provided by the New Zealand based bank. The FTS provides a safe and secure way for international students to send money to sustain themselves in New Zealand. With Orient exchange, you can transfer the whole amount in a single payment at the best exchange rates at no extra cost. The minimum amount you need to transfer is NZ$ 15000. And it is needed to pay the living costs in New Zealand for a student in a year.