Bank sales of
Fee type Fee
Fee type Foreign Currency cash Fee 1% NZD value. Minimum charge NZD $5.00
Bank purchase of
Fee type Fee
Fee type Foreign Currency cash: Fee
Fee type Deposited into TSB account Fee Free¹
Telegraphic Transfers
Fee type Fee
Fee type Outward telegraphic transfers Fee NZD $25.00 (Other bank fees may apply)
Fee type Telegraphic transfer investigation fee Fee NZD $25.00 (Outbound only - Other bank fees may apply)
Foreign currency account
Fee type Fee
Fee type Establishment Fee Fee Free
Fee type Maintenance Fee Fee Free
Fee type Deposits: Fee
Fee type From a TSB account Fee Free¹
Fee type Foreign Cash Fee 1% of NZD value. Minimum charge of NZD $5.00 fee
Fee type Inward telegraphic transfer Fee NZ $10.00 equivalent in the currency of the account (Other bank fees may apply)
Fee type Withdrawals: Fee
Fee type To a TSB account Fee Free¹
Fee type Telegraphic transfer Fee NZD $25.00 (Other bank fees may apply)
Fee type Foreign Cash Fee 1% of NZD value. Minimum charge of NZD $5.00 fee
Don’t forget to read this bit 

1. Exchange rates apply.  

Other banks or third parties (overseas or in New Zealand) may also charge or deduct commission, fees or other charges for any services or transactions specified above. Such charges or costs are your responsibility and will be deducted from the currency transaction amount. 

Any currency conversion will be made using TSB’s prevailing rate of exchange (which includes a currency conversion commission) for that currency. Additional commissions on bank selling rates and cash handling fees apply. 

TSB accepts no liability for losses suffered or claims made by you or any third party as a result of us converting currencies, and any transaction exchange risks from the conversion of currencies are your responsibility. 

TSB accepts no liability for losses suffered or claims made by you or any third party as a result of any delays, non-receipt or misapplication of any foreign currency transactions or services.  

Fees are subject to change. Foreign Exchange services are only available to TSB customers.