New Zealand · Financial institution

Bank of New Zealand

Bank of New Zealand (BNZ) is a registered bank incorporated in New Zealand on 29 July 1861. Its registered office is in Auckland. Its ultimate parent bank and ultimate holding company is National Australia Bank Limited, which acquired it in 1992. It provides banking and financial products to retail, business, private, corporate and institutional customers, including property and agribusiness clients.

BICBKNZNZ22XXX LEIN7LGVZM7X4UQ66T7LT74 Licence no.Not on a tracked register Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of BKNZNZ22 marks reverse billing. 5 branch codes 16 respondent banks Group: National Australia Bank Limited Claim this profile

Licences and registrations

Matched by LEI on the 22 tracked registers

None matched by LEI in the 22 tracked registers.

  • The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.

Swift network

Swift’s ISO 9362 BIC directory

BIC
BKNZNZ22XXX head office
Connection to Swift
Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of BKNZNZ22 marks reverse billing.
Swift GPI
Not on the member list
Payment schemes and systems
No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
Branch codes
5 branch codes
BIC first registered
1982-11-29
Last updated
2026-01-10

Overview

Researched 29 Sep 2026 · Sources

Total assets

NZD 143.7bn

Group · 31 Mar 2026 · interim report ↗

Employees

Not published

Ownership

Group subsidiary

National Australia Group (NZ) Limited

Institution type

Commercial bank

Trades as BNZ

Ownership
The bank belongs to the National Australia Bank group, and its ordinary shares are held through National Australia Group (NZ) Limited. Two classes of perpetual preference shares, issued in 2023 and 2024, are quoted on the NZX Debt Market and carry no voting rights.
Direct parent
National Australia Group (NZ) Limited, New Zealand
Ultimate owner
National Australia Bank Limited, Australia
Head office
Level 4, 80 Queen Street, 1010 Auckland, New Zealand
Company register
NZBN 9429039342188

Business lines

  • Retail banking
  • SME banking
  • Corporate banking
  • Mortgage lending
  • Markets & trading
  • Private banking & wealth
  • Transaction banking & payments
  • Cards
  • Trade finance

The bank reports two segments. Partnership Banking serves retail, small and medium business, agribusiness and private customers. Corporate and Institutional Banking serves large corporate and institutional clients and includes the markets business.

Online

Websites & references
bnz.co.nz ↗
Wikipedia ↗
Official social accounts
LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 12 pages consulted
  1. bnz.co.nz/
  2. bnz.co.nz/about-us/governance
  3. bnz.co.nz/about-us/governance/bnz-board
  4. bnz.co.nz/about-us/governance/financials
  5. bnz.co.nz/assets/about-us/financials/pdfs/BNZ-Disclosure-Statement-for-the-six-months-ended-31-Marc
  6. bnz.co.nz/contact
  7. verify.bnz.co.nz/institutional-banking/financial-institutions
  8. fma.govt.nz/news/all-releases/media-releases/bnz-admits-misleading-conduct/
  9. fma.govt.nz/about-us/enforcement/cases/bnz/
  10. nzx.com/announcements/470152
  11. companyhub.nz/companyDetails.cfm?nzbn=9429039342188
  12. en.wikipedia.org/wiki/Bank_of_New_Zealand

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Dan Huggins Dan Huggins Managing Director & Chief Executive Officer (CEO) Confirmed 29 Sep 2026 · bnz.co.nz ↗
Chair
Warwick Hunt Warwick Hunt Chair (independent non-executive director) Confirmed 29 Sep 2026 · bnz.co.nz ↗
Chief financial officer
Peter MacGillivray Peter MacGillivray Executive, Chief Financial Officer Confirmed 29 Sep 2026 · bnz.co.nz ↗
Executive
Sam Perkins Sam Perkins Executive, Chief Risk Officer Confirmed 29 Sep 2026 · bnz.co.nz ↗
Executive
Penny Ford Penny Ford Executive, Corporate & Institutional Banking Confirmed 29 Sep 2026 · bnz.co.nz ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

New Zealand
Reserve Bank of New Zealand Prudential supervisorCentral bankAML supervisorResolution
New Zealand
Financial Markets Authority ConductSecurities

Recent events 1 enforcement or investigation item

Researched 29 Sep 2026 · Sources

  1. Leadership

    The bank appointed Inder Singh, NAB Group Chief Financial Officer, as a non-executive director on 1 September 2026.

    bnz.co.nz ↗
  2. Enforcement

    The Financial Markets Authority accepted an enforceable undertaking under which the bank admitted misleading conduct on interest calculation and agreed to pay NZD 2.6 million.

    fma.govt.nz ↗
  3. Other

    The bank disclosed that NAB's AML/CTF reporting group, which includes the bank, was not yet fully compliant with amended Australian AML/CTF laws.

    bnz.co.nz ↗
  4. Leadership

    The bank announced that Kate Skinner, Executive, Digital, Data & Analytics, would leave on 22 May 2026 and that the role would not be replaced.

    nzx.com ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
BKNZNZ22XXX
How the BIC breaks down
  1. BKNZBank
  2. NZCountry · New Zealand
  3. 22Location · reverse billing
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
N7LGVZM7X4UQ66T7LT74
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Profile

Type
Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
Regulation
Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Register licences
None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Country · region
New Zealand · East Asia & Pacific
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

Ownership and group

GLEIF relationship records

The National Australia Bank Limited group has 7 institutions in the directory, in 7 countries: all hold a BIC.

Including National Australia Bank Europe S.A., National Australia Bank Limited, National Australia Bank Limited, National Australia Bank Limited, National Australia Bank Limited, Shanghai Branch.

See the National Australia Bank Limited group →

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

Addresses

Registered address
80 QUEEN STREET FLOOR 4 AUCKLAND 1010 2392 NEW ZEALAND
Operational address
BNZ PLACE 1 WHITMORE STREET WELLINGTON 6011 WELLINGTON NEW ZEALAND

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>BKNZNZ22XXX</BICFI>
  <LEI>N7LGVZM7X4UQ66T7LT74</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>BKNZNZ22XXX</BICFI>
  <LEI>N7LGVZM7X4UQ66T7LT74</LEI>
  <Nm>BANK OF NEW ZEALAND</Nm>
  <PstlAdr>
    <Ctry>NZ</Ctry>
    <AdrLine>80 QUEEN STREET FLOOR 4 AUCKLAND 1010 2392</AdrLine>
  </PstlAdr>
</FinInstnId>

Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Network

Branches and correspondent banking

All 5 branch BICs connect to the head office. No city, function or registration year splits them into groups. 16 other banks publish 16 accounts held with this bank.

Head office BKNZNZ22XXX HQ Branch codes 5Respondents in Europe & Central Asia 7Respondents in East Asia & Pacific 4Respondents in South Asia 3Respondents in North America 2 BKNZNZ22100 · AUCKLAND · Auckland 100 BKNZNZ22500 · WELLINGTON · Wellington 500 BKNZNZ22800 · CHRISTCHURCH · Christchurch 800 BKNZNZ22900 · DUNEDIN · Dunedin 900 BKNZNZ22985 · HEAD OFFICE · Wellington 985 NZD · Basler Kantonalbank · BKBBCHBB · Holds an account here · for FX, money market, derivatives and securities lending cash NZD NZD · BNP Paribas · BNPAFRPP · Holds an account here NZD NZD · Danske Bank A/S · DABADKKK · Holds an account here · for FX and money market; also commercial transactions NZD NZD · DZ Bank AG, Deutsche Zentral- Genossenschaftsbank · GENODEFF · Holds an account here · for commercial payments NZD NZD · Postfinance AG · POFICHBE · Holds an account here NZD NZD · The Royal Bank of Scotland International Limited · RBOSJESH · Holds an account here · for standard settlement institution for cover of direct MT103 payments NZD NZD · Unicredit Bank GMBH · HYVEDEMM · Holds an account here · for FX, money market and derivatives settlement NZD NZD · China Citic Bank International Limited · KWHKHKHH · Holds an account here · for inward remittances (MT103/pacs.008) NZD NZD · Hang Seng Bank Limited · HASEHKHH · Holds an account here · for inward payments NZD NZD · Taipei Fubon Commercial Bank CO. LTD · TPBKTWTP · Holds an account here · for inward remittances NZD NZD · The Bank of East Asia, Limited · BEASHKHH · Holds an account here · for inward remittance NZD NZD · Axis Bank Limited · AXISINBB · Holds an account here NZD NZD · Bank of Baroda · BARBINBB · Holds an account here · for remittances other than FCNR(B) deposits NZD NZD · State Bank of India · SBININBB · Holds an account here NZD NZD · City National Bank · CINAUS6L · Holds an account here · for incoming foreign currency wires NZD NZD · U.S. Bank National Association · USBKUS4T · Holds an account here · for FX settlement NZD
  • Own offices
  • Respondent banks: they hold accounts here

Hover over a branch, account or group to see its details

Respondent banks

From the correspondent lists other banks publish

16 other banks publish 16 accounts held with this bank.

CurrencyRespondent bankHeld atAccountPurposePublished in
NZD Axis Bank Limited India BKNZNZ22 265188-0000 — axis.bank.in ↗
NZD Bank of Baroda India BKNZNZ22 2651970000 Remittances other than FCNR(B) deposits bankofbaroda.bank.in ↗
NZD Basler Kantonalbank Switzerland BKNZNZ22XXX 0999-217008-0000 FX, money market, derivatives and securities lending cash bkb.ch ↗ dated 1 Aug 2025
NZD BNP Paribas France BKNZNZ22 2160390000 — cdn.territories.bnpparibas ↗ dated 1 Jan 2023
NZD China Citic Bank International Limited Hong Kong SAR China BKNZNZ22985 — inward remittances (MT103/pacs.008) cncbinternational.com ↗ dated Jan 2025
NZD City National Bank United States BKNZNZ22 — incoming foreign currency wires cnb.com ↗ dated Mar 2023
NZD Danske Bank A/S Denmark BKNZNZ22 — FX and money market; also commercial transactions danskeci.com ↗
NZD DZ Bank AG, Deutsche Zentral- Genossenschaftsbank Germany BKNZNZ22 — Commercial payments dzbank.com ↗ dated 10 Jul 2026
NZD Hang Seng Bank Limited Hong Kong SAR China BKNZNZ22 — inward payments hangseng.com ↗
NZD Postfinance AG Switzerland BKNZNZ22985 2171320000 — postfinance.ch ↗ dated May 2025
NZD State Bank of India India BKNZNZ22 2650950000 — sbi.bank.in ↗
NZD Taipei Fubon Commercial Bank CO. LTD Taiwan BKNZNZ22985 — inward remittances fubon.com ↗ dated May 2023
NZD The Bank of East Asia, Limited Hong Kong SAR China BKNZNZ22985 — inward remittance hkbea.com ↗ dated Jul 2022
NZD The Royal Bank of Scotland International Limited Jersey BKNZNZ22 — Standard settlement institution for cover of direct MT103 payments pdf4pro.com ↗
NZD U.S. Bank National Association United States BKNZNZ22985 2435190001 FX settlement usbank.com ↗
NZD Unicredit Bank GMBH Germany BKNZNZ22985 2142120000 FX, money market and derivatives settlement hypovereinsbank.de ↗ dated 6 Jan 2026

Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.

Branch codes

BICBranchCityAddressLEIUpdated
BKNZNZ22100 AUCKLAND Auckland 80 QUEEN STREET AUCKLAND 1010 AUCKLAND NEW ZEALAND — 2026-01-10
BKNZNZ22500 WELLINGTON Wellington 38 WILLIS STREET WELLINGTON 6011 WELLINGTON NEW ZEALAND — 2026-01-10
BKNZNZ22800 CHRISTCHURCH Christchurch 114 FITZGERALD AVENUE CHRISTCHURCH 8011 CHRISTCHURCH NEW ZEALAND — 2026-01-10
BKNZNZ22900 DUNEDIN Dunedin 98 GEORGE STREET DUNEDIN 9016 DUNEDIN NEW ZEALAND — 2026-01-10
BKNZNZ22985 HEAD OFFICE Wellington HARBOUR QUAYS 60 WATERLOO QUAY PIPITEA WELLINGTON 6011 WELLINGTON NEW ZEALAND — 2026-01-10

See every BIC in New Zealand →

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Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
  • Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: bnz.co.nz (official website) · original; Dan Huggins: bnz.co.nz (official website) · original; Warwick Hunt: bnz.co.nz (official website) · original; Peter MacGillivray: bnz.co.nz (official website) · original; Sam Perkins: bnz.co.nz (official website) · original; Penny Ford: bnz.co.nz (official website) · original.

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