New Zealand bank account
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Location: southwestern Pacific Ocean
Population (2019): 4,965,320
Status: member of the United Nations, Commonwealth of Nations, ANZUS, Organization for Economic Co-operation and Development, ASEAN Plus Six, Asia-Pacific Economic Cooperation, the Pacific Community and the Pacific Islands Forum.
Currency: NZD (New Zealand dollar)
Official languages: English, Te Reo Maori, and New Zealand Sign Language
Deposit guarantee: N/A
New Zealand is anisland country in the South Pacific Ocean, the south westernmost part of Polynesia, and is made up of two main islands and a number of smaller islands.
The island has a rich and fascinating history, reflecting a unique mix of Maori and European culture.
Maori were the first to arrive in New Zealand, journeying in canoes from Hawaiki about 1,000 years ago. A Dutchman, Abel Tasman, was the first European to sight the country but it was the British who made New Zealand part of their empire.
A developed country, New Zealand ranks highly in international comparisons of national performance, such as quality of life, health, education, protection of civil liberties, and economic freedom. All this conditions lead to a stable business environment and make New Zealand an ideal destination for experienced investors and entrepreneurs.
New Zealand has a well-developed banking system that consists of 15 registered banks with more than 90 percent of their combined assets under the ownership of foreign banks. The banks are providing a large and complete offer of products and services both for private individuals and for businesses, for nationals and expats, such as: current accounts, credit cards, insurances, internet baking services, foreign exchange and wealth management services.