The cheapest option varies based on amount, speed, and provider. Online platforms typically have lower fees than banks. It's essential to compare rates and fees, and at Extravelmoney, you can compare over 6000 service providers.

Yes, money transfer companies and banks typically charge fees. These fees vary depending on the provider, transfer method, and amount. At Extravelmoney, we charge no additional fees other than the service charge of your chosen provider.

Before confirming your payment, you’ll see an order summary displaying the applicable exchange rate. This is the exact exchange rate at which your money will be sent to New Zealand.

No, you don’t need to have an account with the bank you choose for your money transfer to New Zealand. Unlike traditional banks where only account holders can make outward remittances, ExTravelMoney gives you the freedom to send money without opening a new account or undergoing any registration process.

Yes of course! Using Extravelmoney for your tuition payments can often be faster and more convenient than traditional methods. Contact us to find out how we can help you pay your university fees and all other education-related expenses.

Yes, NRIs should pay taxes for repatriating their income to New Zealand. The tax treatment varies based on the type of accounts, such as NRE, NRO, and FCNR accounts. To get detailed input, go through our article: What Is The Tax On NRI Repatriation From India?

To send money from India to New Zealand, you need to provide beneficiary details such as name, residential address, bank name, branch address, bank account number, and identification code. For more information, watch this quick video: Essential Beneficiary Bank Details

Intermediary and beneficiary banks usually charge a processing fee. To avoid deductions, we recommend adding a buffer amount of NZD 43.85. For education and gift remittances, ExTravelMoney also offers the option for customers to pay the charges upfront, ensuring the recipient receives the full amount.

No, there’s no limit on the number of transactions you can make to New Zealand through ExTravelMoney. You can send money as many times as you like, as long as the total transaction amount stays within the RBI’s prescribed annual limit ($ 250,000) under the Liberalised Remittance Scheme (LRS).

ExTravelMoney does not charge any processing or platform fees, unlike many banks and money transfer companies. Since we are a forex aggregator partnered with RBI-approved money transfer providers in India, we offer money transfer services at more competitive exchange rates, helping you save more. However, please note that the processing bank may still charge a fee, which is beyond our control.