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. In addition, the arrival time of bills of exchange and overseas wire transfers is related to the countries, regions and bank clearing banks selected overseas. I would like to remind you to choose the appropriate remittance route according to different situations. At present, there are fewer customers who use bills of exchange. However, there are also embassy visas that stipulate remittance by draft.

2. Traveler's checks

If parents feel that money orders and telegraphic transfers are troublesome, they can choose traveler's checks as the way. The advantage of traveler's checks is that they are easy to use (they can be directly consumed in shopping malls, overseas hotels, taxis, etc.). ) and small denominations. It can be converted into cash at local banks and exchange agencies, but there are also some shortcomings, that is, the handling fee is relatively high. When shopping in domestic banks, the handling fee is generally 1%, and there is no upper limit. In addition, international students have to pay an extra 0.75% handling fee when they pay overseas.

3. International credit cards

International credit card is a very safe payment method for New Zealand students, except that cardholders above platinum level must pay a large remittance of more than RMB100000. Of course, it is also good for some parents to give their students a supplementary card to use in New Zealand. The credit card consumption limit can be locked, which can prevent students from falling into the dilemma of overdraft. Parents can make regular repayment in China, which is a very safe remittance method for young international students.

4. International remittance business

International remittance is the best choice for international students who are in a hurry while studying in New Zealand. Its biggest advantage is that the remittance speed is fast. Generally, it only takes half an hour to 1 hour, but the cost is higher.

PS: It is expressly stipulated by the China Administration of Foreign Exchange that individuals are not allowed to take the foreign currency equivalent to 5,000 US dollars out of the country. Remember to issue a certificate of carrying foreign exchange. The cost of studying in New Zealand is still much lower than that in other countries. In addition, legal part-time permits are issued at the Immigration Bureau. Most students studying in New Zealand can usually work to earn living expenses. It's best not to carry a lot of cash and valuables with you. When they are fully familiar with the local situation and settle down in employment, they will enter a normal life.