I'm an 11-year old Ozbargainer (same username) and seeking some advice/assistance for a New Zealand matter, so hoping to get some assistance!
My parents lived in New Zealand in the late 80s and early 90s, and during their time in New Zealand, they had some sort of insurance with AMP. Their insurance has now reached maturity and they are entitled to some sort of pay out, but they do not have a bank account in New Zealand. They are New Zealand citizens.
The document I've been shown has conflicting information as to whether the money can or cannot be credited directly to an overseas bank account. However, regardless of whether this is possible, I think it might be a better idea to see if there is any NZ Bank Account that can be opened from overseas, have the money credited there first, and only later on decide when/how/if to transfer the money overseas. I'm thinking of using a company like CurrencyFair/Transferwise/Instarem/OFX.
Are there any digital/virtual banks with which bank accounts can be opened with full internet banking, and without an active New Zealand number, and also has no monthly/annual fees? Thanks in advance!