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The Economic Times
The Economic Times

New Zealand adds Bank of New Zealand (BNZ) to Funds Transfer Scheme for international students

New Zealand has added Bank of New Zealand (BNZ) as a provider under Immigration New Zealand’s Funds Transfer Scheme (FTS), giving eligible international students another option to transfer and hold funds while studying in the country.

The change, announced by Immigration New Zealand, applies to eligible international students enrolled at universities and polytechnics. BNZ will operate alongside ANZ, which is already available under the scheme.

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