Treasury Solutions
Specialist risk management products and services.
Treasury Solutions works in partnership with BNZ Partners to provide specialist assistance and risk management products and services to businesses that have exposure to interest rates, exchange rates or commodity prices.
Tailored business loans
If a standard term loan doesn’t meet the needs of your business, you might want to consider one of our tailored business loans. They can be structured to give you maximum flexibility to help manage your interest rate risk.
Customised Average Rate Term Loan
A loan facility where portions of the principle are allocated between one or more of the following interest rate structures: Floating, Fixed, Capped or Range.
Customised Fixed Rate Term loan
A loan facility with a fixed interest rate that applies for the term of the loan.
Capped Rate Term Loan
Provides the borrower with a maximum known cost of funding at a capped interest rate, for a fixed term. Allows the borrower to benefit if interest rates fall below the capped rate. An agreed premium will be payable.
Range Rate Term Loan
Provides the borrower with a maximum known cost of funding at a capped interest rate and, if interest rates fall, allows limited participation to a minimum (floor) interest rate, for a fixed term. The borrowing rate is confined to an agreed interest rate “range”. An agreed premium may be payable.
Flexible Maturity Fixed Rate Loan
In return for a higher interest rate (relative to the Customised Fixed Rate Term Loan) the borrower has the option to extend the loan at maturity, for a pre-determined period at the original interest rate.
Currency Risk Management
Our large suite of products can be tailored to importers and exporters of all sizes who have regular foreign exchange cash flow needs, and/or businesses with large “one-off” foreign currency exposures. Via Treasury Solutions, clients have access to:
- A wide range of products, including spot, forward, swap, and option based foreign exchange contracts
- Tailored currency risk management solutions
- BNZ Order Board – enables clients to place foreign exchange orders to be monitored by or on behalf of BNZ on a 24 hour basis.
- eFX Dealing – Online foreign currency dealing system
- Daily market commentary/economic updates
Commodity Risk Management
Whether a business is a commodity producer or consumer, we can provide “over the counter” hedging solutions with no “physical” delivery but cash settlement in:
- Diesel and crude oil products
- Wheat, corn, and canola
- Base metals, e.g. zinc and aluminium
International Payments Online
This is a service enabling clients to manage foreign currency transactions and accounts through Internet Banking for Business (IB4B). Clients can make secure international payments online quickly and cost effectively. Benefits include:
- Access to live market rates
- Streamlined administration
- Flexibility – send TTs and transfer funds to and from your Foreign Currency accounts
- Remote access – log in anywhere with an internet connection
- Automatic filing – beneficiary details are saved for ongoing use
- Transactional history
- Email notifications – if selected, we can send automatic email notifications to the beneficiaries of the TT
- Extra security – two layers – NetGuard, plus another level of staff authorisation
How to identify whether you may benefit from Treasury Solutions specialists
As a guide, clients most likely to benefit from our services are:
- importers and exporters with turn-over of approximately $1m and over
- business clients with term borrowing of approximately $1m and over
- business clients with large one-off foreign exchange transactions
How to contact a Treasury Solutions specialist
Further details of many of the products referred to above are contained in BNZ’s Product Disclosure Statement, a copy of which can be obtained, free of charge, by contacting our specialist Treasury Solutions team on any of the numbers below.
Treasury Solutions teams are located in Auckland, Wellington, Christchurch, Palmerston North and Tauranga. We are happy to travel to meet clients face to face or to talk to clients directly by phone. To find out more about our specialist Treasury Solutions service please contact one of our team.
| Auckland | 0800 658 882 |
| Wellington | 0800 652 619 |
| Christchurch | 0800 854 854 |
| Palmerston North | 06 350 1670 |
| Tauranga | 07 928 0871 |
