We are pleased to announce a new type of entity with a government issued license allowing banking activities.
Most jurisdictions impose heavy regulation on the banking sector and entry requirements are often designed
to discourage the establishment of
new banks. One refreshing exception is New Zealand, a highly respected jurisdiction with a modern legal
framework and rated the most business
friendly nation in the world by the World Bank in 2005. Banking services can be offered in and from New
Zealand by different types
of entities, including but not limited to Registered Banks, Finance Companies, Credit Unions and Building
Societies. We focus on the New
Zealand Finance Company which is not subject to supervision by the Reserve Bank of New Zealand and yet
entitled to offer banking services
to its individual and corporate customers worldwide. With your own banking licence you are legally
able to engage in activities such as:
· Deposit taking and lending
· Offering of securities
· Issuing of financial guarantees
· Cash management services
· Payment services
· Current accounts
· Checking accounts
· Savings accounts
· Term deposits
· Certificates of deposit
· Wire transfer services
· Credit and debit card services
· Marketing investments
· Share brokerage
· Fund Management
We offer a complete service package including:
· Finance Company entitled to operate as a bank
· Certified Company documents and Company seal
· Registered office and resident agent
· All relevant government filings
· Registration of securities
· Approved Issuer Status
· NexorOne™ Online Banking System
· Eurowire™ membership and setup fee
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