Global Accounts
Open a NZ Dollar account online from Canada
Open a NZ dollar account online from Canada with Airwallex. Your account will come with local New Zealand bank and branch codes and a dedicated account number. Use your NZD account to receive, hold, and send NZ dollars with no hidden fees.
Hassle-free currency accounts with local bank details
Skip the queues and excessive paperwork usually involved in setting up international bank accounts. Open accounts online and collect payments from your global customers in their preferred currency. Spend your proceeds later in the same currency, eliminating unnecessary conversion fees.
Save on unnecessary bank charges
There are no account opening fees, monthly maintenance charges, or minimum transaction requirements.
Streamline your global cash management
Convert held balances to different currencies in just a few clicks and review your global transactions in a single view.
Know your funds are safe and secure
Relax knowing that your money is secure and protected with end-to-end encryption and bank-level security.
Avoid costly conversion fees
Eliminate unnecessary conversion fees by receiving payments in the same currencies that your customers pay in.
Global Accounts
How to open a NZD account from Canada?
Businesses can open a NZD account from Canada easily with Airwallex. Simply sign up online and, once onboarded, you can open multiple domestic and foreign currency accounts in minutes. Your NZD account will come with local bank account details, making it easy for you to receive payments in NZD which you can either spend or convert at the interbank exchange rate. Avoid bank queues and endless paperwork, and open your NZD account online with Airwallex today.
Your NZ Dollar account
How will your NZD account work?
Get your USD account details
Open your NZ account online and receive a local New Zealand account number and branch code. Share these details with your clients and customers in New Zealand and start receiving payments in NZ dollars via local bank networks. You can also link your NZD account to eCommerce platforms such as Amazon and Shopify.
Spend in US dollars
Once you have funds in your account, you can spend them using Airwallex Borderless Cards, or transfer them to your recipient’s bank account. Use your NZ dollars to pay suppliers and employees in New Zealand and elsewhere efficiently, without being subject to needless currency exchange fees.
Convert currencies at market-beating rates
Airwallex gives you access to the interbank exchange rate (sometimes known as the mid-market rate). That means that if you need to convert currencies, you’ll enjoy market-leading foreign exchange rates no matter the transaction size. You can also hedge against currency exchange risk by only converting currencies when the exchange rate is favourable.
Global Accounts
Who is the Airwallex Global Account for?
The Airwallex Global Account is ideal for companies that operate across borders. Including companies that invoice overseas clients, sell globally on platforms such as Amazon and Shopify, and work with international suppliers. Our platform allows businesses to centralise their financial operations in one place, even when managing multiple global entities. From expense management to bill payments, payment acceptance, and FX, Airwallex has you covered. We make global money management simple and cost-effective for businesses of all shapes and sizes - that’s why we’re trusted by over 100,000 businesses worldwide.
FX & Transfers
End-to-end global money management
When a payment gets sent to one of your Global Accounts, those funds are instantly visible to you in your Airwallex Account. Easily convert currencies at interbank rates and use Airwallex to make fast, cost-effective domestic and international transfers.
Frequently asked questions
What documents are needed to open a New Zealand dollar (NZD) account as a non-resident business?
The key documents required to open an Airwallex account are similar across regions and will enable you to open a US dollar account. We typically ask for the certificate of incorporation or equivalent document, as well as information on the business, its activities and anticipated transaction volumes. We are also required to collect details and IDs for certain individuals - this includes any beneficial owners but can extend to directors and authorised signatories signing up for the account. Non-US businesses may be asked to provide proof of address for their operations, which can be established through utility bills, contracts or other correspondence.
What are the benefits of opening an NZD account as a non-resident business?
Opening a New Zealand Dollar (NZD) account as a non-resident business offers several advantages. Firstly, it allows businesses to transact in the local currency, providing a seamless experience when dealing with New Zealand clients, suppliers, or partners. Holding an NZD account can help mitigate currency conversion costs and reduce exposure to exchange rate fluctuations, contributing to more predictable financial management. Additionally, having a local NZD account can streamline financial transactions within the New Zealand market, fostering efficiency and convenience. It may also enhance the business's credibility and facilitate smoother interactions with local entities. Overall, having an NZD account positions non-resident businesses strategically for effective financial operations and engagement in the New Zealand business landscape.
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