18 October 2017
Register now

ANZ reduces money transfer fees to Pacific

30 June 2017  |  3697 views  |  0 Source: ANZ

ANZ today announced it was reducing international money transfer fees from Australia to five Pacific countries, effective immediately.

The fee for an international money transfer to Fiji, Samoa, Vanuatu, Kiribati or Tonga is now just $9* for payments initiated by internet banking, phone banking or via an Australian ANZ branch.

Commenting on the fee reduction, Group Executive Australia Fred Ohlsson said: “Many families and businesses in these five nations rely on friends and relatives who are living and working in Australia to send them money.

“We have reduced the fees for these money transfers through our Australian branches and phone banking from $32 to $9, and through internet banking from $18 to $9.
“This fee makes these money transfers more affordable for the people of these five nations, and the economies that need this financial activity,” Mr Ohlsson said.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlRegister nowvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15480 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8673 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8280 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7738 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6947 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job