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New Zealand Banking

If you're travelling to New Zealand as a working holiday maker or permanent migrant, then it is advisable to arrange an NZ bank account before you leave the UK. 

With the Bank of New Zealand (BNZ), you can open an account prior to leaving the UK.  The BNZ are one of the country's largest banks, and are unique in their position of having branches in both Auckland and Christchurch international airports, meaning you'll have access to your account the moment you step off the plane.  In addition to this, they have over 180 branches throughout the rest of the country. 

Opening an account 

The first step to take is going to the BNZ website (http://www.nabgroup.com/migrantbanking).  Don't be put off by the NAB branding and references to Australia; as part of the NAB group, the BNZ are part of a larger banking conglomerate that have branches in Australia.  Click on 'New Zealand', and you will then be taken directly to their New Zealand migrant banking portal.

Once there, simply follow the on-screen instructions.  It is important that you have the right documentation on hand when applying; this will usually come in the form of two examples of ID to prove your identity, one of which must be photo ID.  You will be asked to print-off an application form.

Banking conditions

When opening an account, you should allow up to a week (after it has been received) for your application to be processed, although the timespan can be as short as 48 hours.  Also, while you can open a bank account up to 12 months in advance, it's important to note that you must activate your account within 12 months of opening it, otherwise it will be closed