Send Money from Canada to SBS Bank in New Zealand

SBS Bank, New Zealand

SBS Bank is a recognized bank that has kept its mutual building society framework. Southland Building Society became a bank in October 2008, and the company was renamed SBS Bank to reflect the transformation. Savings accounts, call accounts, personal and home loans, agribusiness, and rural loans, investments, online banking, term life insurance, funeral cover insurance, house insurance, income protection insurance, travel insurance, contents insurance, critical condition insurance, private car insurance, and pleasurable driving insurance are among the company's financial products and services.

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How to Send Money to SBS Bank in New Zealand

Remitbee makes it easy to transfer money to SBS Bank accounts in New Zealand. It takes just five easy steps.

  • Become an account holder for Remitbee. It is free, simple, and it gives you a Remitbee Wallet and a safe account.

  • Enter your complete name, address, and job. Check your phone number and email address.

  • Choose the dollar amount that you wish to send in your New Zealand case and choose a preferred receiving method.

  • Tell us your recipient next. The full name, telephone number, and bank account number of the recipient must be provided.

  • Please study and click Confirm for all transfer details! Remitbee's going to handle all else. Remitbee is an excellent way to send money to New Zealand.

What are the benefits of sending directly to SBS Bank?

Here are just a handful of the many advantages of using Remitbee to send money to SBS 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 SBS 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
We understand how valuable every dollar you send to your family is, and how banks add high fees and margins to your exchange rate. That's why we give you the best CAD to New Zealand dollar exchange rate in Canada and only charge a 0.3 percent to 0.5 percent margin to cover our operating costs. We always let you know about any fees or penalties ahead of time, and you can see the total before sending money to New Zealand. Any fees or charges are disclosed upfront, and all transfers over $500 are free.

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.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
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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.

Download Remitbee Mobile App

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