A Business Notice Saver account is a flexible business savings account that earns a good rate of return. You can add money whenever you like, but to make a withdrawal you need to give either 32 or 90 days' notice.
No account management or transaction fees
Add money whenever you like and leave it in your account for as long as you like
Make a withdrawal by giving either 32 or 90 days’ notice
A minimum investment of $2,000 is needed to to earn returns
Notice Saver is a PIE investment.
Rates of return are subject to change.
To give notice, you can log in to internet banking for business or our mobile app, and set up a transfer. You can choose any available amount to transfer and you can have multiple transfers on the go. You'll also earn the Notice Saver rate of return right until your money leaves the account. Alternatively, you can also give us a call.
Once you’ve given notice, you’ll need to wait either 32 or 90 days, depending on which option you chose when you opened your account.
When you make a withdrawal you can take out all of your money, or just some of it. When your funds are transferred, they go into an account that you nominate at the time your Business Notice Saver is opened. This can be any New Zealand bank account. If you want to change your nominated account and to help protect your funds, please complete a Notice Saver account change advice (PDF 31.3 KB).
When you request an immediate withdrawal of part or all of your money from Business Notice Saver without giving the required notice, you'll be charged an immediate withdrawal charge. The amount of the charge varies depending on the amount being withdrawn, the current rate of return for your Business Notice Saver and the length of the required notice period.
Standard terms and conditions
Interest rates are subject to change. The rate of return for Notice Saver can change at any time and without notice. This means the rate might go up or down during your investment.
Units in Kiwibank Notice Saver are issued by Kiwibank Investment Management Limited and are distributed by Kiwibank Limited. See all investments terms and conditions (PDF 488.6 KB) or pick up copies from your nearest Kiwibank. Notice Saver is a fund within a Portfolio Investment Entity (PIE).
This communication contains general information only and not investment or tax advice, and as such you shouldn't rely on it as the sole basis for any financial decision. Potential investors should seek professional advice as to whether an investment is right for them, including the taxation implications of such an investment.