Opening a business account

Additional information and documentation required

• Your company must be registered on the relevant New Zealand companies office register with the full names of all current directors and shareholders.
• Confirmation of any nominee directors or shareholders.

Shareholding entities

If you have a shareholder that holds under 25% you'll only need to provide the name of the entity. However, if they hold over 25% shares the following will be required:

• If they are held by a trust, we require a copy of the signed original trust deed and any amendments or variations of the trust deed. All trustees and individuals with effective control will be required to verify their identity and address.
• If they are held by a company, the company must be registered on the New Zealand companies office and up to date with the full names of current directors and shareholders.
• If they are held by another entity or individual, you'll need to chat with our business banking team.

Options for verifying your identity and address

• Verify with ID checker on your smartphone - we'll send a text message to your NZ registered mobile phone with a secure link to complete the process.
• Verify in branch - visit your nearest Kiwibank, bring your identification and proof of address with you.

Additional information and documentation required

• The original trust deed and any amendments or variations of the trust deed.
• All trustees and individuals with effective control will be required to verify their identity and address.
• The address of the trust will need to be verified.

Professional trustee company

• If your trust has a professional trustee company associated, at least one of the directors or one representative from the company will need to be verified.
• The relevant New Zealand companies register is up to date with full legal names of all shareholders and directors.

Confirm source of wealth and/or source of funds

Documentation to verify the source of wealth and/or funds for the trust. Some examples of how to verify source of wealth include financial statements prepared by a registered accountant or a recent pay slip to verify salary or wages.

Options for verifying your identity and address

• Verify with ID checker on your smartphone - we'll send a text message to your NZ registered mobile phone with a secure link to complete the process.
• Verify in branch - visit your nearest Kiwibank, bring your identification and proof of address with you.

Additional information and documentation required

• Charitable trust certificate.
• Information is up to date on the New Zealand companies office charitable trust register.
• If applicable, information is up to date on the New Zealand charities services register.

Confirm source of wealth and/or source of funds

Documentation to verify the source of wealth and/or funds for the trust. An example of how to verify source of wealth includes financial statements prepared by a registered accountant.

Additional information and documentation required

• Limited partnership agreement dated and signed by all partners.
• The relevant New Zealand companies office registers are up to date with full legal names of all shareholders and directors and the limited partnership details.
• Confirmation of any nominee directors, shareholders or general partners.

Shareholding entities or individuals

If an entity is a partner with more than 25% we'll require the below, dependant on the entity type.

• If they're held by a trust, we require a copy of the signed original trust deed and any amendments and variations of the trust deed. In addition to this all trustees or individuals with effective control will be required to verify their identity and address.
• If they're held by a company, this company must be on the New Zealand Companies Office register and up to date with current directors and shareholders.
• If held within another entity or individual, you'll need to chat to our business banking team.

Options for verifying your identity and address

• Verify with ID checker on your smartphone - we'll send a text message to your NZ registered mobile phone with a secure link to complete the process.
• Verify in branch - visit your nearest Kiwibank, bring your identification and proof of address with you.

Additional information and documentation required

• Formal - signed and dated partnership agreement.
• Informal - completed Kiwibank partners’ certificate.

Additional information and documentation required

• The incorporated societies register is up to date with the New Zealand companies office.
• Completed Kiwibank society officers' certificate.

Personal verification

The chairperson, treasurer, secretary and any other individuals who can control or manage your society (including officers listed on the incorporated societies and/or charities services registers) need to verify their identity and address.

Society officers' certificate

The society officers' certificate (SOC) needs to be signed by your chairperson, treasurer, secretary and any other individuals who can control or manage your society. This includes officers listed on the incorporated societies and/or charities services register and any individuals who have account access.

If you have more than 10 office holders you'll need to complete two forms.

Options for verifying your identity and address

• Verify with ID checker on your smartphone - we'll send a text message to your NZ registered mobile phone with a secure link to complete the process.
• Verify in branch - visit your nearest Kiwibank, bring your identification and proof of address with you.