We created our special Migrant Banking Package because we understand that moving to a new country can be stressful. When it comes to moving and setting up your finances, migrants have unique needs. Our Migrant Banking Package has special benefits and services that will help you get set up, and make your move to New Zealand more comfortable.

If you’re moving to New Zealand within the next three months, or if you’ve immigrated within the last 24 months, you can apply for the unique benefits of the Migrant Banking Package and take advantage of them for up to 24 months.

The benefits of the package include:

• Help and support before and after you arrive – we have a dedicated team who will answer all your questions and arrange everything for you before you even arrive in New Zealand. They will also look after you once you’ve arrived and make sure your banking arrangements are just as you want them. Many of the team are migrants themselves, so they speak your language and understand your needs
• Open an account before you leave – you can open both New Zealand dollar and Foreign Currency Accounts and transfer money into them, before you leave. That means you’ll be all set up when you arrive in New Zealand and can take advantage of changing your money to New Zealand dollars when the exchange rate is favourable
• Discounts on fees for Foreign Currency Accounts and transferring money to New Zealand from overseas
• Special interest rates so you can earn more interest on your money
• A full range of services – whatever your banking and financial needs, we can help. We offer cheque and savings accounts, investments, insurance, credit cards, lending and more
• Help now and in the future – whatever your plans for life in New Zealand, The National Bank will be there to help. If you have children at school or university in New Zealand we have a special banking package for them. If you’re planning to set up a business here, our specialist Migrant Business Banking team can help you set up your business finances and introduce you to our network of business contacts. And if you’re looking to buy a house in New Zealand, we can help you right through the process of finding and financing your new home.

Lending and eligibility criteria apply. Interest rates and special rates are subject to change. The National Bank of New Zealand, part of ANZ National Bank Limited.

The Migrant Banking Package is designed to meet all your banking needs in New Zealand. You can choose from a complete range of accounts and services to suit your particular situation, and enjoy a range of exclusive benefits and discounts.

We will work with you to choose the right accounts and tailor the package to your needs. Our range of products and services include:

Everyday (cheque) accounts
Foreign Currency Accounts
Transferring money to and from overseas
Savings accounts
Investments
Retirement Savings
Credit Cards
Home Loans
Insurance
Safe Storage
Business products and services
International Students Package
Ways to bank

Everyday (cheque) accounts

You can open an everyday (cheque) account before you arrive in New Zealand, and we’ll have it waiting for you when you get here – along with your Cashpoint card so you can get cash from our extensive network of money machines. You can also use your Cashpoint card to make purchases at thousands of places in New Zealand and overseas.

We have a range of everyday accounts to suit the way you like to manage your money.

Foreign Currency Accounts

Foreign Currency Accounts give you the flexibility to transfer money to New Zealand either before or after you move, and convert it to New Zealand dollars when the rate is favourable. Our range of Foreign Currency accounts includes:

• Foreign Currency Call accounts – you can access your money straight away. And, with the Migrant Banking Package, you’ll pay no monthly account fee while you’re on the package
• Foreign Currency Investment accounts – earn premium interest on your foreign currency, have the ability to access your money and pay no monthly account fee. With the Migrant Banking Package you’ll be eligible for special interest rates on US dollar, British pound, Euro and Australian dollar accounts when available*
• Foreign Currency Term Deposit – earn competitive interest fixed for the term of investment on surplus foreign currency without the need to convert your money to New Zealand dollars.

You can view or download The Foreign Currency Term Deposit Investment Statement, or ask at a National Bank branch for more details on our foreign currency services including fees and charges.

Transferring money to and from overseas

We can help you make and receive payments in all major currencies to and from most countries in the world, for both personal and business purposes, safely and conveniently. International Money Transfers are the fastest way to access your money, and with the Migrant Banking Package you’ll receive a discount of one third on the normal fee for inward International Money Transfers to your National Bank Foreign Currency Account – $10 (normally $15. Overseas and correspondent bank charges may apply and vary).

Savings accounts

We have a range of great savings accounts to suit your needs, which can be opened prior to your arrival, if you want to earn interest on your New Zealand dollar amounts. Whether you want to save for a specific goal or just want a great interest rate for your spare cash, we have an account for you.

Investments

Whether you are looking for short or long-term investments, we have a complete range of investment options. And as a Migrant Banking Package customer, you’ll automatically get a special interest rate on any New Zealand dollar Term Deposit.

Retirement savings

We offer a choice of retirement savings schemes to help you start saving for your retirement now.

Credit Cards

From a low-cost card for everyday use, to cards that reward you with cash back, to an exclusive Platinum Card with special privileges, we have a credit card to suit your needs.

Home Loans

The National Bank has been helping people into homes for over 100 years. We can help you right through the process of buying a home in New Zealand. Our Home Buyers Centre has information and resources to help you at every stage and our home loan specialists can work with you to help you get the home you want. You may even be able to get a home loan pre-approval before you arrive here, so you can start looking for a home straight away.

Insurance

We have a comprehensive range of insurance options so you can protect the things that are most valuable to you. Whether you need insurance for your life, your possessions, or your business, we can arrange it for you.

Safe storage

We can look after your important documents or possessions for you until you and your family get settled in New Zealand.

Business Products and Services

The National Bank has a dedicated Migrant Business Banking team who specialise in helping new and recent migrants achieve business success. They understand business, speak several languages and can help you establish and build your business in New Zealand. Through our Business Start-up Package you’ll also receive our special start-up account and transaction fee offer (valid for the first three months you’re in business, conditions apply).

International Student Package

If you have children at school or studying at university in New Zealand, then we also have a package for international students to help them make the most of their student life.

Ways to Bank

The National Bank has got many ways to bank with us, so you can pick the ones that suit you best. Our range of electronic banking options like Online Banking, Mobile Phone Banking, touchtone phone banking and money machines (ATMs), are complemented by an extensive network of branches.

* Interest on Foreign Currency Accounts is payable on your entire balance once that balance reaches the equivalent of NZ$5,000 and above. Interest is not paid on some currencies or at all times. For more information on our foreign currency services including fees and charges and The Foreign Currency Term Deposit Investment Statement please contact one of our Foreign Currency Account specialists via e-mail or by calling 0800 477 444 option 2 or, from overseas, +64 4 494 5251 for further details.

Lending and eligibility criteria apply. Interest rates and special rates are subject to change. The National Bank of New Zealand, part of ANZ National Bank Limited.

You can apply for The National Bank Migrant Banking Package if you:

• Are intending to migrate to New Zealand within the next three months
• Have immigrated to New Zealand within the last 24 months.

To be eligible for The National Bank Migrant Banking Package:

• You’ll need to bring into any branch of The National Bank evidence of migration to New Zealand within the last 24 months (e.g. passport or visa)
• You must open an everyday account and at least one of the following products:
• Savings account
• Investment account
• Foreign Currency account
• Credit card
• On gaining employment all income is to be direct credited to your National Bank everyday account
• You have not previously been on The National Bank Migrant or International Student packages, or are not currently on The National Bank International Student package.

If you are intending to migrate to New Zealand within the next three months:

• You must open either an everyday, savings or foreign currency account to receive the benefits of the Migrant Banking Package prior to migrating to New Zealand
• You can open your account from overseas
• On arrival to New Zealand you’ll need to meet the eligibility criteria above.

If you have immigrated to New Zealand within the last 24 months:

• Simply come into any branch of The National Bank or call us on 0800 18 18 18 anytime.

Lending and eligibility criteria apply. Interest rates and special rates are subject to change. Interest is not paid on some currencies. The National Bank of New Zealand, part of ANZ National Bank Limited.