Community Q&A
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Which bank should I open an account with in New Zealand?

Asked by NewArrival · 20 Feb 2024

1 answer

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Best answer

Main banks: ANZ (largest), ASB, BNZ, Westpac, Kiwibank (NZ-owned). All offer similar everyday accounts. You can start the process online before arriving — ANZ and ASB let you open accounts from overseas. You need: passport, visa, NZ address, IRD number. Get your IRD number at ird.govt.nz ASAP — you need it for tax. For low/no fees, check Kiwibank or ASB Savings accounts. Wise (transferwise) is good for international transfers.

FinanceKiwi · 22 Feb 2024

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