New Zealand Offshore Finance Company (OFC)

• Deposit taking & lending
• Debit and credit card services
• Issuing of financial guarantees and instruments
• Cash management services
• Current accounts
• Checking accounts
• Savings accounts
• Term deposits
• Issuing of CDs
• Wire transfer services
• Payment processing services
• Fund management
• Marketing of investments

A New Zealand OFC does not need a capital reserve account. A bank, for example, a bank will often need a $1 million to $30 million reserve account before licensure. The OFC does not require this. Directors and shareholders can be of any nationality and resident anywhere.

OFC Package Features

The New Zealand OFC package offers everything you need as a turn-key service to get you organized and operational. This complete service includes:

1. Organization of your New Zealand Company
2. Panama holding company
3. Assistance establishing a bank account
4. Ability to send and receive wires online

New Zealand Offshore Financial Services Company Formation
Formation of your OFC which includes all of the organizational formalities, documents and government liaison facilitation. Your financial entity will be formed professionally and quickly through our offshore consultants. We will provide all of your documentation, notary and licenses to operate as a bank. A corporate kit and seal will be included with your OFC formation. Registered office with a physical address and onsite agent is included and necessary to maintain your operational entity and used to assign your status as registered issuer. This service ensures that your offshore financial company is in compliance with local regulations and requirements.

Panama Holding Company
A Panama holding company will receive inbound wire transfers on a flow basis and bulk transfer your inbound deposits. This provides a safe and secure method that secures your bank wire activity.

We will provide assistance obtaining online banking software, if desired, to administer your finance company. Plus we can arrange a bank account where you have the ability to send and receive wires for your institution.

New Zealand Offshore Financial Services Company Requirements

There are very few limitations on who can own a New Zealand OFC, below are requirements:

• No Capital Reserve Requirements - Most banks will have to have 1 to 30 million dollars in reserves prior to being issued a license.
• Director and Shareholders - Any residency is accepted and individuals can be of any nationality. Foreign corporations can also be a shareholder in your OFC.
• Minimum Shareholders - At least one shareholder is required.

Depositors & Investors	Bank	You
We will set up a bank account for your Finance Company at a large bank. You are the account signatory. Depositors and/or investors wire money to the bank account. You can log in and see the account, wire money online, etc. (It is very common for startup banks to have an account in a larger institution.)	Your clients can log into your Finance Company's website - which you and/or your staff administer. Your clients see their own individual accounts online. Each client only has access to his/her individual account profile viewable through online software that you control. In other words, your finance company has one big bank account at a large bank that your depositors don't see. You segment the accounts for your individual clients using software that has been installed on your website. So, when your clients log in – they only see their own individual account balances. Our specialists can help you acquire and install the banking software & develop a website.	You make loans and/or invest the money that has been deposited into your finance company. Often new banks will keep a 20% reserve and lend out or invest 80% of the deposits. You keep the profit generated from your lending and/or investment activities. Older, larger banks keep a 10% reserve and lend/invest 90%.
Example
$10 million in deposits	Pay 3% interest to depositors	Earn 10% from loans / investments. $700,000 gross income to you.