How about remittance for studying in New Zealand?

The most commonly used remittance methods for studying in New Zealand mainly include the following:

1, draft and overseas wire transfer

Money order is one of the familiar businesses and the cheapest of the five ways to study in New Zealand. New Zealand students can bring money orders to New Zealand, and then pay them at bank outlets without collecting bills, but it takes a long time to collect them. In contrast, overseas wire transfer is relatively faster, but the handling fee is much higher than that of the draft.

2. Traveler's checks

Traveler's checks have the advantages of convenient use and small denomination, and can be converted into cash at local banks and exchange agencies, but they also have some disadvantages, that is, the handling fee is relatively high. Shopping in domestic banks generally requires a handling fee of 1%, and it is not capped. In addition, international students have to pay an extra 0.75% handling fee when they pay overseas.

3. International credit cards

At present, there are two ways to remit money from home to abroad, namely: credit card and remittance. Credit cards need to deposit money in advance. However, if you use a credit card to overdraw in New Zealand, it will involve repayment, which is very troublesome for international students. International students are advised to choose remittance (telegraphic transfer, money order, moneygram).

4. International remittance business

Teacher Xia Feng, a gold medal expert studying abroad from Tiandao, New Zealand, said that international remittance is the best choice if international students are in a hurry abroad. Its biggest advantage is that the remittance speed is fast. Under normal circumstances, it only takes half an hour to arrive at the account 1 hour, but the cost is higher. As the State Administration of Foreign Exchange clearly stipulates that foreign exchange cannot be taken out of the country in foreign currency equivalent to 5000 US dollars, and for the sake of safety, it is best for international students not to bring too much cash to New Zealand.

There are a few points that Xiao Tian has specially sorted out, hoping to get everyone's attention:

When handling remittance for studying abroad, students need to prepare the following supporting materials: ID card or household registration book, passport for valid entry visa to countries and regions, formal admission notice from foreign schools, and charge notice issued by foreign schools. In addition, the remittance amount for studying abroad cannot exceed the standard indicated in the expense notice. If the cash remitted at one time is less than US$ 6,543,800+0,000 (including US$ 6,543,800+0,000), it shall be directly handled by the designated foreign exchange bank. If it exceeds the equivalent of US$ 6,543,800,000, it needs to apply to the State Administration of Foreign Exchange.

The most convenient, fast and safe way to pay tuition and living expenses is telegraphic transfer or remittance. International debit card and international credit card can be selected for daily consumption and payment of studying abroad.

When you use an international debit card to withdraw money from foreign ATMs, you only need to pay a small handling fee. Compared with ordinary remittance, international debit card remittance is cheaper and faster. International debit cards are more suitable for storing living expenses. The foreign credit card market developed earlier and more mature. Many payment methods, such as online transactions and hotel reservations, use credit cards as payment platforms. Otherwise, you will feel a lot of inconvenience in your daily life. There is no need to pay handling fee for international credit card consumption in foreign merchants, especially international students.