Table 1: Fee Comparison for Transfer of NZ$250
| Payment Provider | AUD | CAD | EUR | GBP | HKD | JPY | USD | Monthly Account Fees |
|---|---|---|---|---|---|---|---|---|
| Airwallex | 2.55 | 2.62 | 1.70 | 1.49 | 20.16 | 275.67 | 2.00 | None |
| TransferWise | 3.47 | 3.61 | 2.34 | 2.02 | N/A | N/A | 2.08 | None |
| PayPal | N/A | N/A | N/A | N/A | N/A | N/A | 3.25 | . |
Note: Fees are in NZD and include transaction fees only; any additional fees may apply.
Interpretation: From the above table, we can conclude that Airwallex has the lowest fee for transferring NZ\(250 to most of the target currencies, except for Hong Kong dollars (HKD) and Japanese yen (JPY), where it charges relatively higher fees compared to TransferWise and PayPal, respectively. Additionally, Airwallex does not charge any monthly account fees, making it a more cost-effective option for small transfers like NZ\)250.
Sources:
Airwallex Pricing - https://www.airwallex.com/pricing/
TransferWise Price Comparison - https://transferwise.com/gb/pricing/send-money/new-zealand-dollar
PayPal Fees - https://www.paypal.com/nz/webapps/mpp/paypal-fees
