Your Options

When travelling overseas it is important to have a variety of ways to pay, because you can’t be sure things will always go as planned. SBS Bank can help with: 

Foreign Cash (Service Temporarily Unavailable)

Local currency for initial taxis, tips and a coffee. It is important to have some of the local currency. Whether it is for a taxi, a bottle of water, lunch on the run, to barter for that silk scarf or just for emergencies having some foreign cash is important. 

Grab some cash before you go overseas. SBS Bank branches can order members that hold a Transactional account, foreign cash in most major currencies. 

Note that foreign cash must be ordered into our branches upon request and may take a couple of days to arrive. You will receive the prevailing rate on the day of the transaction which may differ from the rate offered when you place your order. 

A 1% Foreign Cash Order fee applies. For our Fees and Charges please click here.


Prefer to travel with a card? SBS Bank has three great options for taking plastic when you are travelling overseas:


SBS Debit Mastercard ® Card

Using NZ dollars direct from your account. Good for ATM withdrawal or travel spending to be converted on the day. Shop with money from your bank account. 

You can shop wherever Debit MasterCard® Card is accepted as you travel. That is over 32 million retailers in over 210 countries around the world. You can also access your own funds from your everyday accounts at more than 1.8 million ATMs around the world.*

Please advise us if you're going overseas, where you'll be travelling, how long for and how we can contact you while you're away. 

Click here for more information on our Debit Mastercard 

*Overseas currency conversion charges and ATM withdrawal fees apply 

 Card eligibility criteria, fees and charges, SBS Debit Mastercard Terms and Conditions apply.

Mastercard® is a registered trademark of MasterCard International Incorporated. 


Cash Passport Platinum

Pre-load money ahead of time into multiple currencies before you go so you have the exchange rates locked in with Cash Passport Platinum. Cash Passport Platinum is a pre-loaded multi-currency card that can be used at thousands of locations around the world. 

  • Convert your money to up to ten currencies at any time to lock in exchange rates 
  • All currencies loaded on a convenient and secure card 
  • Chip and PIN protected 
  • Acceptable anywhere Mastercard® is accepted around the world (local country/vendor identification rules may apply) 
  • No ATM fees to obtain cash abroad, unless surcharge applied by local ATM provider 
  • Reloadable with extra money anytime from mobile app or online 
  • View your card balances in each currency online 

Terms and Conditions and fees apply and can be found at

The Cash Passport™ Platinum Mastercard® Prepaid Currency Card (“Cash Passport Platinum”) is an unsecured debt security issued by Travelex Card Services Limited, a member of the Travelex group. Cash Passport Platinum is not guaranteed by SBS Bank, any member of the Travelex group or any other entity. Before you make a decision to acquire Cash Passport Platinum we recommend you read the Product Disclosure Statement for which is available free of charge at 

International payments

Sending money overseas is easy with SBS Bank by visiting one of our branches

Sending money overseas

Make payments in foreign currencies to bank accounts overseas by requesting a Telegraphic Transfer (TT) at any SBS Bank branch. In order for us to arrange your payment we need to comply with Anti-Money Laundering legislation. The amount must be paid from your SBS Bank account. A $25 Outward Telegraphic Transfer fee will apply to each overseas payment.

For our Fees and Charges please click here.

Receiving money from overseas

Get payments deposited directly into your SBS Bank bank account. A fee will be deducted from the converted amount deposited into your account. SBS Bank use Westpac as our New Zealand clearing bank. 

The person sending you the money needs the following information: 

Your information 

  • Your full account name 
  • Your full account number 
  • Your physical address 
  • Purpose of remittance payment 

Their information 

In order for us to credit your account when we receive the money, we need to comply with Anti-Money Laundering legislation. Make sure the person sending the money includes: 

  • Their bank account number 
  • Their full name (no initials) 
  • Their full street address (Residential) (PO Box numbers aren’t acceptable)

If we do not receive all this information we may not be able to process the transaction.

Payments are to be sent to:




Name of clearing bank


Westpac Bank

Clearing bank address


318 Lambton Quay, Wellington, New Zealand


Receiving cheques from overseas

If you receive a cheque in a foreign currency you can bank these funds as NZD into your SBS Bank account at any SBS Bank branch. Foreign cheques are converted upon clearance by the issuing bank which may take time depending on the bank and country involved. A Foreign Cheque Deposit Fee will apply.

Note: there are some currencies that we no longer accept cheques including: Swiss Franc (CHF) and Japanese Yen (JPY). Other currencies have minimum values for clearance. It is recommended where possible you request electronic payments rather than cheques in foreign currencies. 

For our Fees and Charges please click here.