i'm going to live in new zealand (from the UK) for 5months and am unsure about the best way to have money over there. I have about £1000 i want to take with me, but i don;t want to be charged everytime i withdraw cash. Is there either a UK account which wot charge me in NZ, or a way to take the cash and open an account when i'm out there?
2006-10-08 06:50:35 · 2 answers · asked by smugsy 1 in Travel ➔ Travel (General) ➔ Other - Destinations
yes, to minimize transaction cost use traveler's checks or open an account with a local nz bank. See nz bank http://www.asb.co.nz/ if your bank in uk has a branch in nz, you might get "no charge" for a branch to branch money transfer. To learn more this page looks worth visiting:
http://www.citibank.co.uk/personal/banking/customerinfo/usingyouraccount/movingmoney/transferfunds.htm
2006-10-09 05:47:09 · answer #1 · answered by bhupen 4 · 0⤊ 0⤋
can't you use a visa check card and have your money in your local bank at home when you with draw from ATM it will give local money at best exchange rate. i used mine all over central America and Mexico.
2006-10-11 11:06:47 · answer #2 · answered by moonwalker 3 · 0⤊ 0⤋