Banking services

Learn about the All-of-Government (AoG) banking services contract, which covers payment services, card services and foreign exchange.

Level of compliance Main audience Other


  • Principals and Tumuaki
  • Staff responsible for buying on behalf of their school
  • Boards

AoG contracts are optional for schools to join.

Benefits of joining this AoG contract

Joining an All of Government contract is likely to save a school both time and money, while also reducing risk.

Learn more about All of Government contracts.

Some schools may currently be using banking services with a bank who is a part of the AoG contract. These schools still stand to gain from switching from their standard contract to the AoG contract, with the same bank.

The AoG banking services contract offers the following benefits to schools.

  • Better value for banking services than what is available to the public.
  • Transparent contract terms and costs, so that schools are fully informed.
  • Flexible service models, so that schools can tailor their banking services to meet their needs. Schools can request any one or combination of:
    • payment services (such as the ability to accept card payments as a merchant)
    • card services (such as the provision of school credit cards)
    • foreign exchange services (such as international transfers).

How to join the AoG banking services contract

The process for joining the banking services contract is similar to that for other AoG contracts.

Step Action

Before you begin


If your school hasn’t signed up to an AoG contract before, you will need to complete a non-disclosure agreement (NDA) available on the New Zealand Government Procurement (NZGP) website(external link).

Learn more about NDAs.

You can contact to find out if your school has already completed an NDA.



Read about the contract and the memorandum of understanding (MoU)


Log in to the New Zealand Government Procurement website(external link) to access more information on the contract. You will need to be using your school-linked RealMe account, as you will gain access to commercially sensitive information.


Learn more about linking a RealMe account to a school.


Read the MoU for the banking services contract in the ‘Contract documents’ section on the New Zealand Government Procurement webpage. The MoU sets out the obligations of the schools participating in the contract.


Learn more about MoU.



Complete a Letter of Accession (LoA)


Request a Letter of Accession for the contract by emailing


Learn more about LoA.


Completing the LoA confirms that your school agrees to the terms set out in the Memorandum of Understanding (MoU).


Your completed LoA must then be emailed to


Once the LoA is processed, you will receive a confirmation email, along with a selection of templates for use during Step 7.



Determine your requirements


Which banking services do you currently use?

  • Does your school sell items either on-site, or online?
  • Do staff buy things on the school’s behalf, using a school bank card?
  • Does your school make international payments, perhaps associated with international students?


Do you want/expect to do any of the above in the future?


See the categories of banking services that can be supplied under the AoG contract to learn about the scope of the AoG contract.


Select which service categories you require. This could be one, two, or all three categories.



Compare suppliers


Your school can purchase banking services from any or all the suppliers for each of the service categories that you require.


See the list of AoG suppliers and the services that they offer.


NZGP’s pricing comparison tool will help you to compare each supplier’s offering. It is found at the bottom of the page below (when logged in using a school-linked RealMe).


Using the banking services contract | New Zealand Government Procurement and Property(external link)


Also find and compare each supplier’s profile and service agreement, which can be accessed through the page below (when logged in using a school-linked RealMe).


Banking services providers | New Zealand Government Procurement and Property(external link)


Suppliers might offer special bundled pricing if selecting them for more than one service category. If so, this will be stated in their service agreement.



Engage with suppliers


Contact your shortlisted suppliers or preferred supplier to discuss their offering and what your responsibilities would be under the AoG contract.



Complete services order(s)


When your school has selected a supplier for a service category, you will provide that supplier with your completed services order for that category.


Services order templates are emailed to schools by NZGP when a Letter of Accession for the AoG contract is processed, as explained in Step 3.



Delivery of banking services


Supplier(s) will support you with the transition to their service.


Your school can begin banking with your chosen supplier(s).


Key AoG banking services considerations

Categories of services

The AoG banking contract covers four service categories. However, Crown Transactional Banking Services is not available for school use.

Schools may want to sign on to receive any one or combination of the remaining three service categories.

Service category Inclusions

Payment Services


Merchant facilities for accepting Visa, MasterCard and UnionPay credit and debit card payments.


A gateway for accepting online payments.


Over the counter bill paying services.


Remittance processing.


Card Services


Card facility, including:

  • credit cards
  • stored value cards
  • travel cards
  • virtual cards.


An Expense Management System (EMS).


Foreign Exchange Services


International direct credits.


Telegraphic Transfers (TT’s)/International Money Transfers (IMT’s).


International Drafts.


Foreign currency cash.


Contact for further information about the services offered.


Supplier/s Product categories offered

ASB Bank
Bank of New Zealand
Westpac New Zealand


Foreign exchange services
Payment services
Card services


ANZ Bank New Zealand


Foreign exchange services
Payment services (excluding over the counter services)


Citibank N.A. – New Zealand Branch


Foreign exchange services
Card services


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