What may first appear to be the cheapest and most convenient way to send money to New Zealand could come with hidden costs that will eat in to the amount of money that you are eventually able to send.
To ensure that you don't end up in this position, it will be worth your while doing some research into the different ways to send money to New Zealand.
Your three main choices are to use a high street bank, enquire with a Money Sending Bureau on the high street or check out the deals on offer with an online foreign exchange provider, like Xendpay.
If you need to send money to a bank account in New Zealand, perhaps to the Bank of New Zealand or Rabobank New Zealand Limited, then calling in to your local high street bank in your country of residence might be a good place to start your research.
You should find that you can send money to New Zealand with one phone call or visit.
However, you may also discover that the foreign exchange rates on offer with most banks are not very competitive.
In addition to this, banks tend to issue per-transfer fees each time you send money to New Zealand; these can soon add up if you need to move money on a regular basis.
Money Sending Bureaus, meanwhile, will allow you to send money to New Zealand even if the recipient does not have a bank account.
Unfortunately this convenience tends to come at a high cost, with per-transfer fees reaching between ten and 15 per cent of the amount of money sent.
Currency exchange rates on the New Zealand dollar are also pretty poor with these establishments.
If you don't like the sound of this then it might be worth enquiring with a foreign exchange broker to see what kind of deals they can offer you.
Xendpay will allow you to open up an online account for free today so that you can access the currency rates on offer at the moment and even compare them to other sources without having to pay a penny.