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New Zealand As An Offshore Banking Centre
New Zealand has long held a reputation of being at the forefront
of the technological advancement of the banking industry. Many systems
developed in the US and Japan are often released and developed first
in New Zealand, in addition to its own domestic developments.
The result is that the New Zealand banking system is as sophisticated
as any in the developed world.
The banking system is controlled and regulated by the Reserve
Bank and only those operations properly licensed are permitted to
operate in New Zealand. In order to be issued with a license, banks
must meet strict criteria and controls.
The vast majority of New Zealand banks are owned by either European,
US or Australian banks who typically have an AA credit rating or
better.
There are no regulations controlling the transfer of funds to
and from New Zealand and funds can be transferred in any currency.
We can assist clients in setting up bank accounts that they can
operate themselves from their remote location.
For further information please contact us here
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