ANZ New Zealand Launches Mobile International Money Transfers
ANZ customers can now make payments overseas from New Zealand using the goMoney app on both Android and iOS devices at a flat fee of $9 from New Zealand to Australia, United States and the United Kingdom when using a digital channel.
Find out more here:
Author, Consultant, Dr. Business Administration
6 年Big Picture Because of demographics, the bulk of payments to/from NZ will be to/from Australia, so AUD is effectively a second currency Recently, the introduction of NPP in Australia has made local payments virtually free https://www.brinknews.com/asia/how-to-revolutionize-a-banking-system/ So maybe $9 is actually expensive? Wait until the other banks twig, then costs will tumble
Founder @ Stealth Startup | Democratizing patient health records
6 年Great idea and just about time!!
Author, Consultant, Dr. Business Administration
6 年Now compare the $9 fee with the latest Bitcoin transaction fee - Mmmm? https://arstechnica.com/tech-policy/2017/12/bitcoin-fees-are-skyrocketing/ But of course Bitcoin is blistering fast at 4 (yes four ) transactions per second.
KnowRisk Consulting
6 年A lot more competitive than BNZ's 25 dollar fee