AUD dividends to NZ

[Cricketfan]

A simple option now is to apply for a TransferWise debit Mastercard. They provide you with a local bank account number in each currency you add to your account. You can then convert your Australian dollars to New Zealand dollars for a 0.49% fee on the mid-market exchange rate. Way better than any bank offers.

Cool, didn't know about that. I take it once you have money in NZD, you can transfer it to a regular bank account? Or do you have to spend it via purchase transactions?

[Snow Leopard]

Cool, didn't know about that. I take it once you have money in NZD, you can transfer it to a regular bank account? Or do you have to spend it via purchase transactions?

Have a look here: https://transferwise.com/gb/borderless/

possibly paying particular attention to:
https://transferwise.com/help/17/bor...erless-account

and

https://transferwise.com/price-chang...erless-convert

Disc: Starting using Transferwise after discovering them via Sharetrader but not signed up for borderless yet.

[Citizen Erased]

Cool, didn't know about that. I take it once you have money in NZD, you can transfer it to a regular bank account? Or do you have to spend it via purchase transactions?

You can perform local bank transfers in each currency, e.g. NZD to a NZ bank account, AUD to an Australian bank account, etc. They provide you with a "virtual bank account" in each currency, with your own account number, etc, so you can send and receive local payments all around the world. You also get the equivalent of NZ$350 of free ATM withdrawals per month (in any country) using your TransferWise debit card.