IN CONFIDENCE

Kia ora J M

 

Thank you for your request under the Official Information Act 1982 (OIA)
of 27 July 2026 for:

 

Please provide any information held by the Reserve Bank of New Zealand
that defines, explains, discusses, or uses the following terms:

 

1.      “trading bank”;

2.      “trading banks”;

3.      “trading bank system”;

4.      “through the trading bank system”.

 

Please also provide any information held by the Reserve Bank on the
historical use of “trading bank” or “trading banks” in New Zealand,
including any relationship between these terms and banking, payment,
clearing, settlement, correspondent banking, custodian banking, or
settlement account arrangements.

 

The Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) will respond to
your request as soon as practicable, within the statutory timeframes set
out in the OIA. If we are unable to meet these timeframes, we will notify
you. Please note that the annual summer holiday period of 25 December to
15 January are not considered working days under the OIA. Depending on the
nature of the request, RBNZ’s responses to requests made from 27 November
may be later than expected.

 

The RBNZ may publish our response to your OIA request during our regular
publication cycle. If we publish the response, your contact details will
be removed. This publication process does not apply to extension letters
or transfers.

Your request will be managed by the Ministerial Services team. If you have
further queries about your request, please feel free to contact us at
[1][RBNZ request email].

 

If you would like to understand the reasons behind recent Official Cash
Rate (OCR) decisions, the RBNZ publishes our Monetary Policy Statement
four times a year on our website, at: 
[2]www.rbnz.govt.nz/monetary-policy/monetary-policy-statement/monetary-policy-statement-filtered-listing-page.

 

If you are raising concerns about the practices of the banking industry,
we encourage you to raise them directly with the Banking Ombudsman, at:
[3]www.bankomb.org.nz/make-a-complain.

 

Ngā mihi,

 

Ministerial Services & OIA

Reserve Bank of New Zealand – Te Pūtea Matua

2 The Terrace, Wellington 6011

PO Box 2498, Wellington 6140

W [4]rbnz.govt.nz

 

IN CONFIDENCE

From: J M <[FOI #35141 email]>
Sent: Monday, 27 July 2026 1:35 pm
To: Ministerial correspondence Mailbox <[RBNZ request email]>
Subject: Official Information request - OIA Request — “Trading Bank” and
Related Banking Terms

 

Dear Reserve Bank of New Zealand,

I request the following information under the Official Information Act
1982.

Please provide any information held by the Reserve Bank of New Zealand
that defines, explains, discusses, or uses the following terms:
1. “trading bank”;
2. “trading banks”;
3. “trading bank system”;
4. “through the trading bank system”.

Please also provide any information held by the Reserve Bank on the
historical use of “trading bank” or “trading banks” in New Zealand,
including any relationship between these terms and banking, payment,
clearing, settlement, correspondent banking, custodian banking, or
settlement account arrangements.

If the Reserve Bank does not hold relevant information, please confirm
that.

Yours faithfully,

J M

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This is an Official Information request made via the FYI website.

Please use this email address for all replies to this request:
[5][FOI #35141 email]

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requests to Reserve Bank of New Zealand? If so, please contact us using
this form:
[7]https://fyi.org.nz/change_request/new?bo...

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[8]https://fyi.org.nz/help/officers

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