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  • Key Features
  • Fees and Charges
  • For Organizations
  • For International Students
  • Terms & Conditions
  • Accounts may be opened either in NZ dollars or US dollars.
  • Interest will be calculated on daily balance and paid every month (subject to deduction of tax).
  • Accounts can be opened with “zero” balance. Minimum balance is to be maintained from subsequent month.
  • Minimum balance of NZ$500 or US$500.
  • No Account maintenance charges except minimum balance charges
  • You won’t be able to buy / withdraw any foreign cash / currency (USD) from us or sell it to us over the branch counter.
  • Unlimited number of remittance without any fees to any personal account of any bank in India.
  • Internet banking and Mobile App available
  • Our fees and charges are subject to change from time to time.  For all charges please see our service charges.
  • You won’t be able to buy / withdraw any foreign cash / currency (USD) from us or sell it to us over the branch counter.
  • We no longer issue or supply bank cheques / cheque books. From  25 June 2021, we will no longer accept cheques / drafts. During this transition please call us  for finding alternate ways of carrying out transactions. Please call 0800  024 404 for any support in this matter.
For Charitable Institutions, Religious Organizations, Trusts, NGOs, Employees Unions, Voluntary and Sport Organizations:
  • All foreign remittances credited without any charges.
  • Free collections of instruments payable within New Zealand
  • Unlimited withdrawals without any charges or fees.
  • Unrestricted number of transfer of funds from your saving bank account to another account.

  • No maintenance charges
  • No Minimum Balance requirement
  • All foreign remittances credited without any charges.

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