Term Deposit amounts
We take minimum investments of $2,500 in either NZD or AUD.
If you have $100,000 or more to invest for 12 months or longer, Xceda may be able to offer you a special rate!
Credit Rating
The creditworthiness of Xceda Finance Limited has been rated by Equifax Australia Credit Ratings Pty Ltd (Equifax), a ratings agency approved by the Reserve Bank under section 86 of the Non-bank Deposit Takers Act 2013.
The Company has received a credit rating of ‘B, positive outlook’ from Equifax. For your reference, see a copy of our current credit rating report.
Further information and detail on the credit rating and what it meaning may be found on the Reserve Bank of New Zealand's "Know your credit ratings" factsheet.
How to invest
- Read our Product Disclosure Statement.
- Decide on a term and interest rate.
- Make an Application and provide a Certificate of Identity.
- Or call our helpful Investment Team on 0800 11 22 75 or email us on invest@xceda.co.nz.
Note: For each term deposit investment, we are required to either sight original identification documents or to have the Certification completed by a qualified person. If you are unsure of these requirements, please Contact Us at any point in this process - we're here to help!
Not sure what your Resident Withholding Tax Rate is? Visit IRD to read their useful guide.
Investments from outside New Zealand
All investments must be made into our bank account. Funds must be transferred to Xceda Finance in the currency of the term deposit selected by the investor, i.e., in NZD for NZD term deposits, or AUD for AUD term deposits. All interest and principal payments will be made to the investor in the currency of the term deposit. Please see the Product Disclosure Statement for information about the Currency Risks of the investment.
Foreign Account Tax Compliance Act (FATCA)
Investments from US citizens or tax residents are subject to FATCA regulations. These regulations may require Xceda Finance to disclose details about your investment to the Inland Revenue Department in New Zealand, who may, in turn provide information to the IRS in the United States.
