Reserve Bank of New Zealand

Request for Town Applications - Community Cash Trials

At the Reserve Bank of New Zealand – Te Pūtea Matua we are committed to keeping cash available and accepted for as long as New Zealanders want or need it. We know that most New Zealanders value cash and want to see it protected as an option for those that need to use it, while most of us want the option to use it from time to time. We know, and are particularly concerned, that rural retailers and their customers have more difficulty withdrawing cash (including change) and banking it (including takings) due to commercial banks closing branches or ATMs and reducing both opening hours and over-the-counter cash services.

Our Community Cash Service Trials - He Whakamātautau i te Pūnaha Moni a-Rohe are trialling new ways to help retailers bank takings and get change in rural communities lacking over-the-counter bank or ATM cash services. We're also ensuring their customers can readily get cash-outs with or without purchase. This listing invites applications on behalf of towns to join the trials.

Key Dates:
Join our Webinar on Thursday 16th May between 5.30pm - 6.30pm (Please see attachments for details)
Notification due for intention to submit an application: Sunday 19th May (please do so by submitting a question with the heading Intention to Submit)
Last day for questions: 31 May 2024
Last day for RBNZ to respond to Questions: 5th June 2024
Applications Close: 12 noon Tuesday 11 June 2024

Status Open
Closing 11 Jun 2024 12:00 PM NZST
Reference 29373056
Notice Type Invitation to Participate (ITP)
Regions Auckland, Bay of Plenty, Canterbury, Gisborne, Hawke's Bay, Manawatu-Wanganui, Marlborough, Nelson, Northland, Otago, Southland, Taranaki, Tasman, Waikato, Wellington, West Coast
Contact Details Megan Prince
Published 9 May 2024 7:30 PM NZST

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