Accounts for not-for-profit organisations

At Kiwibank, we’re about Kiwis helping Kiwis. That’s why if you’re a not-for-profit organisation you’ll pay no account management or transaction fees on your everyday banking, savings or investment accounts.

For regional not-for-profit organisations

Front Runner

Earn higher interest across up to four Front Runner accounts, when the combined balance of those accounts is over $4,000. For non-profits, we’ll waive the $15 flat fee that usually applies if the combined balance of all your Front Runner accounts drops below $4,000 during the month.

Online Call

Great if you need to be able to access your money whenever you like. With an Online Call account, you can also earn bonus interest each calendar month when you make no withdrawals or transfers and you have a minimum balance of $2,000.

Term Deposits

Invest from as little as $1,000 and enjoy a fixed return on terms ranging from 30 days to five years. With a Term Deposit, your interest rate is fixed for the length of the term you choose.

For national non-profit organisations

Not-for-profit Business Performer

If you're a national club, society, non-profit organisation or association, we've created the Not-for-profit Business Performer account. Especially for non-profit organisations, it's an everyday account with EFTPOS facilities (EFTPOS cards are only available for one-to-sign accounts).

Features

Competitive interest rates, calculated daily and paid monthly.

Transaction fees are waived (excluding bulk payment fees) and there are no monthly account or honour fees.

Visa Debit Card and ATM/EFTPOS facilities (for one-to-sign accounts).

How it works

You'll need to be registered with the Companies Office as an incorporated society or charitable trust.

If you are exempt from resident withholding tax, let us know. We'll be able to confirm this using your IRD number to check Inland Revenue's online register.

Term Deposit

Invest from as little as $1,000 and lock in a competitive interest rate for a fixed term, with a Term Deposit.

Talk to us

To get more information about setting up an account for a not-for-profit organisation, get in touch with our business banking team.

Find a business banking expert

Find a business banking expert in your area. Request a call back, or call them directly.

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Call us

Call our business banking team on 0800 601 601, or +64 4 803 1646 if you’re calling from overseas.

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