On average, it’s 12x cheaper to send money internationally with Wise compared to the 5 banks in New Zealand — ANZ, ASB, BNZ, KiwiBank, WestPac. NZD → AUD: Wise is on average 12x cheaper Wise upfront fee: $1.58 Wise exchange rate mark up: $0.01 Average bank upfront fee: $12.12...
New Zealand ANZ BNZ Kiwibank Westpac ASB Singapore UOB OCBC DBS Maybank POSB South Africa FNB Capitec Absa Nedbank TymeBank Bank Charges for Receiving Money From Abroad In addition to fees for sending money abroad, many banks also charge a separate set of fees for receiving money from overseas...