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ANZ provides remittance relief

ANZ has announced a temporary waiver of its A$7 international money transfer fee for online foreign currency payments made from Australia and New Zealand to ten Pacific countries.

ANZ customers in Australia and New Zealand can now send money electronically to the Cook Islands, Fiji, New Caledonia, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga, Timor Leste and Vanuatu with no ANZ transfer fee, using ANZ Internet Banking or, if in New Zealand, the ANZ GoMoney App.

The waiver will be in place until the end of February 2021.

ANZ Regional Executive for the Pacific, Tessa Price said the bank hoped removing the fee would help boost Pacific economies by encouraging people to send money to their family and friends.

In 2019, ANZ customers in Australia and New Zealand made over 40,000 online transfers to the Pacific, totalling more than A$80 million.

 

 

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