Quote Originally Posted by fish View Post
I have never had IRD problems in the past-I sent a 6 figure sum last August.
Do not know if this has changed.
I do know do not do it through your local bank if you want a good rate.
I normally get ASB securities to put me directly in touch with the dealer-the rate varies by the minute and then its up to you to accept or not .
Yes the major banks have large spread on the exchange rate. Well in excess of 2% from the market rate. I will need to ask if my BNZ manager can get me in touch with their 'International Team' to get me a better rate. However, uncertain how readily accessible this would be. I'm certain most bank teller workers would be unaware of this feature.

More to come so stay tuned!