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Key Features
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- Accounts may be opened either in NZ dollars or US dollars.
- Accounts can be opened with "zero" balance. Minimum balance is to be maintained from subsequent month.
- Minimum balance of NZ$500 or US$500.
- No Account maintenance charges except minimum balance charges
- Interest will be calculated on daily balance and paid every month (subject to deduction of tax).
- Cheque and Cash deposit facility.
- Unlimited No. of remittance to any personal account of any bank in India.
- One cheque book of 20 leaves free every year (April to March).
- Facility to view account balance & transactions over Internet.
- Facility to set-up Standing Instructions for remittance and transfer of funds.
- Facility available to open joint accounts.
- Interest rates available online at www.barodanzltd.co.nz
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Fees and Charges
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- Service charge for not maintaining minimum balance
First Month - NIl
Subsequent Months - NZ /US $10
- 100 free debit transactions every quarter and NZ/US $0.50 per transaction thereafter.
- Our fees and charges are subject to change from time to time. For all charges please see our service charges.
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For Charitable Institutions, Religious Organizations, Trusts, NGOs, Employees Unions, Voluntary and Sport Organizations:
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- All foreign remittances credited without any charges.
- Free collections of instruments payable within New Zealand
- Free cheque book facility.
- Unlimited withdrawals without any charges or fees.
- Unrestricted number of transfer of funds from your saving bank account to another account.
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For International Students:
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- No maintenance charges
- No Minimum Balance requirement.
- Free Cheque book facility.
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Quick Links:
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