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Guide · Money & banking

Day-one banking.

The major NZ banks let you start the account application before you land, so you can transfer money in and have an account number ready on arrival. Here is how the process generally runs. Not financial advice, just the process.

Overview

Many people start their NZ bank account before they land. ANZ, ASB and BNZ all take applications from overseas, so you can transfer money in and have an account number ready when you arrive.

This page summarises publicly available information from those three banks, checked August 2026. Requirements change, so verify directly with your chosen bank before you apply.

All three follow the same shape:

  1. Apply online from overseas, through the bank's new-to-New-Zealand or international-student pages.
  2. Use the account number you are given to receive transfers before you arrive.
  3. Visit a branch in person once you land, with your original documents, to activate the account for everyday use.

ANZ New Zealand

ANZ has specific services for international students and people relocating. Look for "ANZ International Students" and "ANZ New to New Zealand" on anz.co.nz. You fill in the online form from anywhere, then visit a branch when you arrive to activate the account with your original ID.

ANZ typically issues a debit card after in-branch activation.

ASB Bank

ASB's "New to New Zealand" service, on asb.co.nz, lets you apply online before you leave home. You may get an account number you can use to receive transfers before you arrive. Full activation (where the account is ready for everyday EFTPOS and online transactions) happens at an ASB branch with original ID documents.

BNZ (Bank of New Zealand)

BNZ takes applications online for people moving to NZ. See the moving-to-New-Zealand pages on bnz.co.nz. Start the process before you arrive, then complete it at a branch in person.

Documents you'll typically need

Requirements vary by bank and account type, so always check the bank's site directly. These are the documents commonly asked for:

  • Valid passport
  • Visa or visa approval letter
  • Proof of NZ address (an offer letter from a NZ institution or a signed tenancy agreement often works)
  • Acceptance letter from a NZ educational institution (for student accounts)
  • Evidence of funds

In-branch activation

All three banks require you to show up in person at a NZ branch before the account is fully usable. This is an identity verification step, so take your original documents, not photocopies.

There's usually a timeframe for doing this after arrival. Check with your bank so you don't miss it.

Comparison table

FeatureANZASBBNZ
Offshore applicationYesYesYes
Student-specific accountYesYesCheck bank
In-branch activation requiredYesYesYes
Where to lookanz.co.nzasb.co.nzbnz.co.nz
Table information: as published by ANZ, ASB and BNZ on their own sites, checked August 2026. Verify current terms directly with the bank.
What we can't tell you. Which bank to choose, which account suits you, or anything about fees, rates or where to put your money. That is financial advice and we are not licensed to give it. Compare the banks' current published terms yourself, and ask the bank your questions directly.
This is general information, not advice for your situation. Custailo is not licensed to give immigration, legal, financial or tax advice. Always check anything important against the official source before you rely on it. Read the full disclaimer.