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We Don’t Only Play Rugby Against New Zealand
Comments OffIt is not only the Rugby World Cup that has lured so many South Africans to New Zealand; many South Africans have made their homes in New Zealand, making the trade and exchange from the South African Rand to the New Zealand dollar pretty much an everyday occurrence. If you do have family living overseas or run a business between the two countries, and need to exchange monies on a regular basis and you don’t necessarily want to pay taxes on the exchange rate and getting more for your dollars or rands, then make use of a forex agent and open up a forex account to save you money in the long haul.
The currency used in New Zealand is the New Zealand dollar and the money comes in 10, 20 and 50 cents and $1 and $2 denominations. Notes have values of $5, $10, $20, $50 and $100.
There is no restriction on the amount of foreign money that can be brought in or taken out of New Zealand, which is advantageous if you intend either moving to this beautiful country or would like to trade in and out of New Zealand. However, every person carrying in excess of NZ$ 10,000 in cash is obliged to fill out a Border Cash Report.
Foreign currency can easily be exchanged at banks, post offices, hotels and Bureau de Change kiosks dotted all over the country. Credit cards can be used in New Zealand and travellers cheques are accepted, but if you are smart, you will enlist the services of a forex agent to handle your foreign money matters on your behalf.
If you would like to know how to make use of a forex account or forex agent, you have most certainly come to the right page.
Published on September 12, 2011 · Filed under: Forex;
