Not-for-profit
Financial solutions designed to help not-for-profit organisations manage their finances.
We’ve been helping not-for-profit organisations for many decades. Everything we’ve learned along the way is helping us to provide financial services that are more in tune to your unique needs. Right now, we’re working with more than 15,000 not-for-profit organisations throughout the country.
Not-for-Profit transaction account
We have a low-cost transaction account specifically for not-for-profit organisations.
- No monthly base fee
- No charges for manual^, electronic^, BNZ ATM, or BNZ Internet Banking transactions (service fees may apply)^
- Credit interest of 1.85% p.a.^ is calculated on the lowest daily balance in each month^
- Credit interest is paid six-monthly (February and August)^
Arranged overdraft facilities^^ are available for not-for-profit organisations, but they’re not available through the Not-for-Profit transactional account.
The Not-for-Profit transaction account is available to any charity, society, association, or organisation that returns any profit, property, or benefits to the wider community and not to any individual member or members. For example:
- Charitable institutions
- Community organisations
- Social organisations
- Sports organisations
- Environmental organisations
- Religious organisations
Online banking solutions
Internet Banking for Business (IB4B) is designed for organisations large, small, or mobile and has all the banking options you’re used to, with extra innovations to get you ahead. Coupled with our Mobile Business Banking app, IB4B is the quick and easy way to get your banking done online 24/7.^
Term investments
We offer a range of competitive savings and term deposit options to help your organisation manage its funds.