Can I deposit funds from an overseas bank account?
Can I deposit funds from an overseas bank account?
No, we only accept deposits from New Zealand bank accounts. If your money is overseas, you’ll need to transfer it to your NZ bank account first, then make a second transfer from your NZ account to Simplicity.
We do allow child investment accounts under our Investment Fund option. However, for investors under the age of 18, accounts can only be opened by a parent or legal guardian. If the parents of your grandchild wish to open an account for the child, ...
You can open an Investment Fund if you’re based in New Zealand, or if you’re a New Zealand citizen living overseas. To apply, you’ll need valid NZ ID, a current home address, which doesn’t need to be a New Zealand address, and a New Zealand bank ...
For an individual Investment Funds account, we will pay the investment to the personal representative of the investor's estate once we have received the required legal documentation. If the investor left a valid Will, this will usually be the ...
For instructions, including Simplicity's bank details, please login to the member app and click Make a Deposit/Add fund under your Investment Fund. If you're a family member looking to make a deposit, please check with the member first so they can ...
No. You can only have one Investment Funds account in your sole name, and each account can only hold one of each fund type. For example, if you already have a Growth Fund, you won't be able to invest in a second Growth Fund within the same account. ...