Story: Balance of payments

Advertisement for money transfers

Advertisement for money transfers

A shop in Newtown, Wellington, advertises a service to transfer money by Samoan immigrants in New Zealand back to their families in Samoa. Such transactions are one of the elements in the current account.

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Te Ara - The Encyclopedia of New Zealand
Photograph by Melanie Lovell-Smith

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How to cite this page:

C. John McDermott and Rishab Sethi, 'Balance of payments - Current, financial and capital accounts', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/23956/advertisement-for-money-transfers (accessed 25 June 2019)

Story by C. John McDermott and Rishab Sethi, published 11 Mar 2010