Send Money from Canada to Co-operative Bank in New Zealand

Co-operative Bank, New Zealand

Co-operative Bank is based in New Zealand. Throughout the country, it offers everyday banking, deposits, savings, loans, insurance, and small-business banking. The Co-operative Bank, which was founded in 1928 as the Public Service Investment Society and later renamed PSIS, became a registered bank in October 2011. The bank had roughly 161,000 customers in New Zealand as of 2017. The Bank is owned by its clients as a co-operative, and its primary goal is to benefit them.

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How to Send Money to Co-operative Bank in New Zealand

Transferring money to Co-operative Bank bank accounts in New Zealand is easy with Remitbee. It just takes five easy steps.

-Become a Remitbee account holder. It's free, easy, and gives you a Remitbee Wallet and a secure account in our system.

  • Enter your full name, address, and occupation. Verify your email address and phone number.

  • In your case, New Zealand, choose the dollar amount you want to send and choose a preferred method of receiving.

  • Next, tell us about your beneficiary. You will need to provide your beneficiary's full name, phone number, and bank account number.

  • Please review all transfer details and click Confirm! Remitbee will handle everything else. Remitbee is a great choice for sending money to New Zealand.

What are the benefits of sending directly to Co-operative Bank?

Here are just a handful of the many advantages of using Remitbee to send money to Co-operative Bank.

  • It's an entirely online experience! There's no need to leave the house or go to the bank.

  • Secure account-to-account transfers are free for transfers of $500 or more!

  • Money is received in days!

What is the information you need to complete the transfer?

Here is what you’ll need to complete the transfer through Remitbee. Transfer to Co-operative Bank with Remitbee.

  • Recipient’s name – exactly as it appears on bank statements. This will prevent delays in your transfer.

  • Recipient Home Address – For identification confirmation.

  • For direct deposit, you'll need your routing number.

  • Account Number – This ensures that it reaches the account of the intended recipient.

How Remitbee calculates the CAD to NZD exchange rate

Remitbee assesses rates daily to bring you the most competitive New Zealand exchange rates on the market - this is to help you save as much money as possible. Small fees are applied if you choose to fund your transfer using bill, debit card, or Interact payment methods. But you can also avoid those fees by using the Remitbee Wallet. Remitbee vows to always be upfront about any fees. Any changes can be seen in the application before you send money.

Send money to all major Banks in New Zealand

How international money transfers work

International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender’s bank to the recipient’s bank and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to New Zealand dollar, and the money is moved between accounts.

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Frequently Asked Questions

Yes you can! Use Remitbee to send money around the world.

We offer many different payment options such as Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.

Only direct bank account transfers are available for transfers to the New Zealand.

Once your ID has been authenticated on our system, you can transmit up to CAD 9,000 every day, with a total annual limit of 50,000 CAD.

Any transfer of 500 CAD or more is entirely free. The transaction fees for sending less than $500 CAD are mentioned below:

  • Interac Online - $2.99

  • E-transfer – Free

  • Bill Payment – Free

  • Electronic funds Transfer - Free

  • Visa or Mastercard Debit - $2.99+

The CAD to NZD exchange rate is currently 1 CAD for {{NZD}} NZD. This changes daily.

The maximum amount of money you can send in NZD is dependent on your account’s verification level.

The minimal Verification Level 1 allows you to send only 50 CAD daily, and up to 500 CAD monthly.We recommend Verification of Level 2.

It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.For users who need to transfer larger amounts of money we also have a good option – Verification Level 3.

It allows you to send 9,000 CAD daily, and up to 50,000 CAD monthly.

We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, verification is a one-time process.

Once you have been verified, there is no need to provide any other documents.

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