hi Dawn,
i used hiFx. see
www.hifx.co.uk
i think everybody is different, i.e. how much they have, do they think they may be back and need their "home" country account with funds. but hey here is what i did.
when
- this is kinda down to when you need the amount in the NZ account and do you have time to "play" with the exchange rates.
- i transferred about 2 weeks before i flew out.
- didnt get best rate - seems to be a time of year thing - but rate suited me and hey what can you do about it. i.e. when i first thought of moving the the rate was 1 = 2.50 NZ dollars. thru the year it went to 3.07 and when i actually transferred it had gone back down to 2.82.
- i reckon people wait on the rate hitting a value then go for it. For me it wasnt 100s of thousands but if it were that kind of money then the rate is even more important i'd say.
who with
- Hifx
- they were helpful and very easy to use.
- also, there are exchange rules which they explain very well with re. to the rate you can and will get in future.
- its an account you have so you could transfer some money and then later transfer more.
how
- my steps were to open an NZ account
- talk to Hifx or similar company and get your plan of when you want to.
- if happy become a customer and let them transfer from you home account to your NZ one.
experiences
- well only dealy with them for one transfer but what can i say except prioor to it i was confused and maybe a bit nervous of letting someone deal with my savings. However, they helped me go through process and i had what i expected in my NZ and UK accounts pretty much overnight.
hope ive not confused even more but finances aint my strong point :-? but it al went smoothly and as i say my 2 accounts had the amounts i needed/expected after the transactions.
just check out a few companies, ask for help and choose which one is best for you i'd say.