ANZ international transfer: Fees, rates & limits 

If you’re an ANZ New Zealand customer looking to send a payment abroad, this guide is for you. We’ll cover everything you need to know about ANZ international transfers including: how much it costs, how long it takes, and how to make one. Plus, we’ll also touch on some alternative options which may have lower overall fees, faster delivery times or higher transaction limits, like Wise and Remitly.

ANZ international money transfer comparison

When you send a payment overseas, there may be several different fees involved, which are important to understand. While different banks and providers do have their own fee structures, the costs can include the following:

• Transfer fee – this is usually easy to see, and may be waived

• Exchange rate markup – this is built into the rate applied, and can be trickier to spot

• Third party fees – this might not be known in advance but can mean your recipient gets less than you expect in the end

The ANZ international transfer fee is waived for online and in app payments made in some key currencies, and ANZ will also cover the third party costs of digital payments in a selection of currencies. This can mean that the deal on offer from ANZ is pretty good for some payment destinations, but it does also mean you’ll need to weigh up the options each time before you transact to check if they’re still the best available value.

To give an example, here’s a comparison of a transfer from New Zealand to Australia, to be received in AUD. This assumes we’re sending 1,000 NZD online, and looks at the amount the recipient gets in each case.

*Details correct at time of research – 13th May 2025

In our model payment, ANZ international transfer comes out on top in terms of how much the recipient gets. It’s worth noting a few things here though – first off, you’ll need to be an ANZ customer already to make a payment, and your ANZ account may have its own ongoing fees to pay. Secondly the fee waivers and policies do vary by currency so you’ll need to check your specific payment to compare the costs. And finally, the costs described are only waived for digital transfers – and digital transfers have maximum limits of 50,000 NZD. If you’re sending more you’ll need to go to a branch, which has a higher fee.

To help you shop around, this guide will look at the providers we’ve picked out for comparison in more detail in just a moment.

Thinking of switching your bank account? Get our guide to the best international banks in New Zealand to help in your research.

More about the alternatives to ANZ

There’s not a single best alternative to ANZ, but there are plenty of options for you to compare to see which may work best in your particular situation. Here we’ve chosen Wise for the best multi-currency flexibility to hold, exchange, send, spend and receive payments, Remitly for an excellent range of pay out options, and OFX as a currency specialist with great service and no fee on high value transfers.

Wise

Open your Wise account to hold and exchange 40+ currencies and convert in the app with the mid-market rate and low, transparent conversion fees from 0.23%.

The Wise account is a good alternative to ANZ if you want a full service international account, that offers a debit card for overseas spending and withdrawals and allows you to receive payments with local and SWIFT account details in a broad selection of currencies.  

• Hold and exchange 40+ currencies

• Spend in 150+ countries with your Wise card

• Send, receive and exchange foreign currencies in the Wise app

Remitly

Remitly is a specialist in international remittances on popular payment routes with ways to send money digitally to a bank account, mobile wallet, or for cash pickup, depending on your recipient’s location.

Remitly can be a good alternative to ANZ if you need to get money to someone quickly, and they’d rather get it in cash. This is handy when sending to someone who does not have easy access to a bank account or ATM for example. 

• Send payments to over 170 countries and territories around the world

• Transfers to bank accounts, mobile wallets, or for cash pickup

• Variable fees, rates and delivery times depending on the service you need

OFX

OFX is a currency specialist which has international payment as well as currency risk management solutions for individuals and businesses. Transfer around the world, with no fee for payments worth over 10,000 NZD, and a 12 NZD fee below this. OFX is famous for having excellent customer service including a 24/7 phone line you can call if you need help with a payment at any time.

OFX could be a good alternative to ANZ if you want to talk through your payment on the phone for reassurance – there are also usually no limits on the upper amount you can send, making this a good choice for high value transfers.

• No transfer fee for high value payments – exchange rate markups still apply

• 24/7 phone support if you need it

• Great range of destination countries and currency management services

ANZ international transfer fees

The ANZ international transfer fees that apply to your payment depend on whether you’re using the ANZ online banking service, or setting up your payment with assistance from a banker. Here’s a summary:

*Details correct at time of research – 13th May 2025

ANZ additional fees

If you use the ANZ online banking service you may find the transfer fee is waived. There may still be a cost though, which is known as the OUR charge and is used to cover intermediary and other third party bank fees. You may be offered the opportunity to pay this charge rather than having the recipient pay it – this depends on the currency you send. If you don’t cover this cost yourself the fee is deducted from the payment as it’s transferred.

ANZ exchange rate

ANZ sets its own exchange rate which can vary by currency and which may include a markup – a fee.

It’s useful to compare the exchange rates that are available from different services before you start an overseas payment. The costs included in the rate can look pretty small to start off with, but because they’re a percentage fee, the total amount ramps up very quickly when you send a higher value transfer or if you’re making regular payments overseas. 

Compare the rate ANZ offers you with alternatives like Wise which offers the mid-market exchange rate on currency conversion, with no exchange fee added in.

How long does an international transfer take with ANZ?

ANZ does not publish a fixed delivery time for international payments as this can depend on the destination and value of the transfer. Bank transfers can sometimes arrive pretty quickly, but on some occasions it may take a few days for your money to arrive. Here’s a look at the delivery times which the other providers may offer:

Wise: Transfers can be fast or instant

Remitly: Transfers can be fast or instant

OFX: Transfers usually arrive in 1- 2 days

The speed of transaction claims depends on individual circumstances and may not be available for all transactions

ANZ international transfer limits 

Here are the ANZ international transfer limits which apply to your account:

• Send 100 NZD – 50,000 NZD on ANZ goMoney or ANZ Internet Banking

• Send 50,000 NZD – 100,000 NZD with ANZ Phone Banking or in an ANZ branch

• Send 100,000 NZD or more in branch only

This is important because the fees for different payment types vary – and of course, needing to go to your branch isn’t very convenient in many cases. If you’re sending a payment by phone or in a branch the fee rises to 28 NZD, pushing up your overall costs significantly. Digital providers like Wise and OFX can offer higher value payments which you make online and in app, for a more convenient payment experience.

Large amount transfers with ANZ

There’s no limit on the amount you can transfer with ANZ in a branch, as long as you have enough in your account to fund the payment. Bear in mind that branch transfer fees of 28 NZD apply, as well as exchange and any applicable OUR costs.

How to send a high amount transfer with ANZ

If you want to send a high amount transfer with ANZ you’ll need to go to your local branch and have a member of the team there support your payment. 

Pros and cons of transferring money abroad with ANZ

The main downside to ANZ’s international transfer service is likely to be that fees rise a lot for in branch transfers. This can be a headache if you bank in person usually – but it’s also a problem for higher value payments as heading to a branch to make your payment may be your only option even if you prefer to manage your money online.

Alternatives like Wise and OFX offer digital transfers of very high – or even unlimited – value, which can be more convenient and may be quicker or cheaper too.

How to make an international transfer with ANZ

Here’s how to make an international transfer with ANZ using the online banking service:

1. Log into ANZ goMoney and navigate to Menu, then Overseas Payments 

2. Select Country then Currency and enter an amount to see an estimate of the rate and fees

3. Choose a payee from your list of your saved payees or select Pay someone new to add a new recipient

4. Choose the account to make the payment from

5. Enter reason for transfer and any payment reference information, then click Continue

6. Review the payment details and click Pay

7. Complete the security step to initiate the payment

What information do you need to make an international transfer with ANZ?

When you set up a payment with ANZ you will need to have the following information to hand:

• Full name and address of the recipient

• Full account number or IBAN of the recipient

• SWIFT Code of the recipient’s bank

• Name and address of the recipient’s bank

Countries to send money with ANZ

You can send money with ANZ in 28 currencies including major global and regional currencies like these: 

• AUD – Australian Dollar

• CAD – Canadian Dollar

• EUR – Euro

• FJD – Fiji Dollar

• GBP – Great British Pound

• JPY – Japanese Yen

• PGK – Papua New Guinea Kina

• SBD – Solomon Islands Dollar

• TOP – Tonga Pa’anga

• USD – US Dollar

• VUV – Vanuatu Vatu

• WST – Samoan Tala

• XPF – CFP Franc

How to receive an international transfer with ANZ

If you need to receive a payment into ANZ you’ll need to give the sender the following information:

• Your account number

• Your account name

• Your residential address listed on the account

• ANZ’s full beneficiary bank name: ANZ Bank New Zealand Limited

• ANZ’s SWIFT code

There’s a 15 NZD fee to receive a payment to your account.

Need to receive payments in foreign currencies? Here’s a full guide to the best multi-currency accounts in New Zealand to help you pick the right account for your needs.

ANZ SWIFT code

To ensure your money arrives safely, you’ll need to give the sender the ANZ Swift code which is used to guide payments from abroad to the correct receiving bank.

ANZ swift code NZ: ANZBNZ22

ANZ international transfer receiving fees

There’s a 15 NZD fee to receive a payment to your ANZ account.

ANZ incoming transfer limits 

There are not usually any limits for receiving international transfers into an ANZ account. If you’re expecting a high value transfer and have concerns about your account, ask in a branch to double check your payment can arrive smoothly.

ANZ customer service for international transfers

If you need ANZ customer service for international transfers you can choose to:

• Phone ANZ on 0800 269 296 or +64 4 470 3142 if you are overseas

• Visit any ANZ branch for assistance

Conclusion

If you bank with ANZ then sending your international transfer from your account directly with the bank is the obvious option. However, depending on the details of your payment it may not be the cheapest, most convenient or fastest choice.

ANZ has low or even no transfer fees on some digital payments. However, for higher value transfers you may need to visit a branch which can be inconvenient and means paying a higher fee. Instead, compare your options with ANZ against alternative providers like Wise and OFX which both offer high value digital transfers with great exchange rates and low overall costs. 

ANZ international bank transfer FAQs

How much does an ANZ international transfer cost?

An ANZ international transfer costs 5 NZD when you arrange it digitally, rising to 28 NZD if you need to or choose to visit a branch or arrange your payment by phone.

How long does an ANZ international money transfer take?

ANZ does not publish a fixed delivery time for international payments as this can depend on the destination and value of the transfer. Bank transfers can sometimes arrive pretty quickly, but on some occasions it may take a few days for your money to arrive

Claire Millard

Author

Claire Millard

Fintech copy and content writer

Claire Millard is a content and copywriter with a specialty in international finance. Her work has featured in The Times and The Telegraph, as well as industry magazines and leading personal finance blogs.

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Minami Ishii

Reviewer

Minami Ishii

Editor-in-chief

Minami works as an editor-in-chief at Exiap, leveraging her background in fintech and a global perspective cultivated through living in 3 countries and exploring over 40 others. She delivers insights on international money transfers, currency exchange, and savvy travel tips in her articles.

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Last updated

June 5th, 2025