New Zealand law allows the creation of savings (international) and business loans, which can also operate a fully licensed bank, but the word “bank” can not be included in the name (the words may be authorized: Savings and loans, savings, trust, credit, etc). There is no minimum capital requirements, no restrictions for the management / investment of the savings and loans, and unrestricted where the administration or management office is located (outside New Zealand) New Zealand A Savings and Loan the company can accept deposits and offers global private banking services to individuals and businesses worldwide. Examples of normal banking services they can offer are:
* Global Online Banking
* Call Accounts
* Time deposits
* Project Financing
* Private Label Prepaid Cards
* Investment management
* Currency Exchange
* Multi-currency accounts
* Trade Finance
* Transfers
* Major investment protected
* Increased capital for companies and projects located throughout the world
Depending on your group, organization background and experience in finance, the structure of the bank advising a business model as is appropriate for your organization. By introducing a number of third party products and financial services, savings and loan International Society will be equipped with all the tools to operate efficiently and competitively in the global financial market. Additional seed money should be budgeted for the use of online banking software, web site development and hosting, interviews and mail forwarding, marketing and advertising, stationary and office supplies, office rent, equipment and office equipment.
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