The Central App

Banking

The Central App

Welcoming Communities

02 January 2025, 1:19 AM

Banking

If you're new to New Zealand, setting up a bank account is an important step in managing your finances.


Below, you'll find details on local bank branches, their services, and additional financial resources available in Central Otago.



Setting Up a Bank Account


Before you can open an account, you'll need an IRD (tax) number, which you can apply for here: IRD Website


IRD advisors visit Alexandra Community House and Cromwell Community House once a month to assist with this process.


Once you have your IRD number, you can choose from several local banks, each offering different services and account options.



Local Bank Branches


ANZ

ANZ is a convenient bank for opening an account if you're not a citizen or permanent resident. You can start the process online before arriving in New Zealand by applying here: ANZ Online Account Opening. Once you're in New Zealand, simply visit a branch to verify your identity.


In Central Otago, you can visit an ANZ branch on any working day of the week. Alexandra is open Monday to Wednesday, while Cromwell is open Thursday and Friday.


📍 Alexandra – 37 Tarbert Street, Alexandra

🕒 Monday - Wednesday: 9:30 AM - 4:30 PM


📍 Cromwell – 3 The Mall, Cromwell

🕒 Thursday & Friday: 9:30 AM - 3:30 PM




Western Union Locations in Central Otago

You can send money overseas from New Zealand with Western Union money transfer services.


📍 Cromwell – 45 The Mall

📍 Alexandra – 39 Tarbert Street (Alex Bazaar)

📞 0800 005 253



BNZ

📍 Alexandra – 45 Tarbert Street, Alexandra

📞 0800 275 269

🕒 Monday - Friday: 9:30 AM - 4:00 PM


Westpac

📍 Alexandra – 40 Tarbert Street, Alexandra

📞 0800 400 600 | (03) 440 2231

🕒 Tuesdays & Thursdays: 9:30 AM - 4:00 PM


SBS Bank

📍 Cromwell – 21 The Mall, Cromwell

📞 0800 727 2265

🌐 Website: SBS Bank

🕒 Monday - Friday: 9:00 AM - 3:00 PM

🔹 Important Information:

  • SBS is NZ-owned and only opens accounts for NZ Permanent Residents & Citizens.
  • Award-Winning Service – SBS has won Canstar’s Bank of the Year | First Home Buyers Award three years in a row!
  • Offers: Normal banking, investments, insurance, KiwiSaver, and Managed Fund advice.