Kiwibank's approach
Kiwibank works on a case-by-case basis with customers who are legally permitted to provide products that are derived from cannabis or hemp. The New Zealand Government regulates and licenses companies and individuals who produce or sell products that are derived from cannabis or hemp.
Customers will need to provide verified copies that show they are licensed.
We do exclude businesses that earn money from non-medicinal, synthetic and recreational drugs from banking with us. This does not apply to licensed medicinal cannabis and hemp businesses. See our Responsible Business Banking Policy.