General knowledge of remittance for New Zealand students
1, credit card VISA
VISA credit card is very convenient in New Zealand. Hotels, restaurants and entertainment places can use credit cards, but it will be a bit troublesome if the consumption amount is large. You must remember the bill clearly. In addition, very small shops are reluctant to accept credit card consumption because they have to bear part of the transfer fee. So should I bring cash or bring it ~
2. New Zealand local exchange
If you exchange money locally, the handling fee is very low, which is very convenient and the time is fast, but the exchange rate will be about 0. 1 higher than the normal exchange rate. There are exchanges in New Zealand.
3. Remittance from domestic bank to New Zealand account.
This way, you can freely control the funds and remittance time, avoid the risks brought by exchange rate, and the handling fee is capped in 200 yuan. But there is a withdrawal limit, so it is not convenient to buy expensive things.
General international students will have two accounts, one is a special account for international students, and there is no handling fee and no interest for transfer; The other is a savings account, which has interest and can be chosen when there are many deposits.
4. Study abroad account of cooperation between CITIC Bank and ANZ Bank.
This account must be opened for at least two years. If you finish your study within two years, you can go to the bank to cancel your account in advance with your diploma. Remit one year's tuition and living expenses to this account every year, and the tuition will be paid directly to the school at one time. The remaining money will be divided into 12, which will be given to students once a month. You need to remit money to this account once a year and cancel it before the end of your study.
This method is simple and convenient to renew the insurance, but the annual quota is limited to 1.5w NZD-1.8w NZD, and many people have said that this account will have the bad phenomenon of delayed payment …
The company donated money to run away, or carefully chose this way.
PS: What if there is an accident?
Many students are worried about what to do when they have an accident while studying abroad. They don't have enough money and are strangers. What I want to tell you is that New Zealand has an ACC insurance system. This kind of insurance takes effect automatically without formalities and business opening.
How can I put it? As long as there is an accident in New Zealand, regardless of nationality, it is automatically guaranteed, and there is no need to go through special procedures to go to New Zealand. Foreigners have deducted this part of the expenses in their usual consumption, so don't worry even if there is an emergency. ACC will reimburse most of the expenses.
What about the rest of the expenses? Some domestic bank cards can withdraw NZD directly from ANZ ATMs, which is enough to deal with emergencies.