Money
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Where to Keep Your Money
If you've come for financial advice, well, you came to the wrong place. This is a big priority item, and you'll want to do your own independent research. That being said, here is some non-professional financial advice for you to consider. Seriously, don't take any of this as truth, this is your money, get facts from legit sources.
- You can setup a bank account like with BNZ before you arrive.
- You cannot activate your bank account until you have a tenancy arrangement. AirBnBs, Hotels, or any type of extended stay arrangement does not count. Make sure you have a way to access liquid funds while you're searching for a tenancy.
- Wise is not a bank[1], but has a lot of features like a bank. Like being able to order a Wise Card that lets you withdraw from ATMs internationally. The card will pull from the Wise fund that has the lowest conversion rate. So if you already have NZD currency in your Wise account, there shouldn't be a conversion fee.