Hi all,

The business regularly exchanges money between NZD, AUD and in the future potentially GBP and USD.

The business has accounts with ASB, and the exchange rate fees are quite high - the exchange rate is OK but the exchange convenience fee makes up for that.

Does anyone know of a way to reduce the cost of exchange between the above currencies, I am happy doing leg work or filling out any required paperwork if it will save the business money. The last exchange cost nearly $1,000 in exchange rate fees and a could-be-better exchange rate.

Looking forward to seeing what others do with their personal and business funds on exchange that I could do better.