The New Zealand Dollar has proved very resilient in recent times and with milk prices recovering, local rate-cut expectations receding and doubts growing that the Federal Reserve will hike this month, the NZD will likely remain relatively high against most of the major currency pairs.

NZForex has reduced the FEE FREE minimum amount from $1,000 NZD to $250 NZD for Mortgage Express Clients.

Many of our clients are simply unaware of the high margins and fees that are often applied by the banks for international transfers. This has prompted Mortgage Express to enter into a referral partner arrangement with NZForex. The difference in exchange rates can often mean savings of thousands, or even tens of thousands of dollars (depending on volumes being sent).