You can deposit money into your Hatch account by transferring money from your NZ bank account to your Hatch account via internet banking, phone banking or your Hnry account.
Your first deposit needs to come from you
If you have a personal Hatch account, your FIRST deposit needs to be made from a bank account in your name, (same goes for deposits into a Hatch Trust account - it needs to come from the Trust's bank account). It's a one-off security check to make sure you’re really you, and one of the ways we keep you and your money safe.
Then anyone can deposit into your Hatch account
Anyone can deposit into your Hatch account using the instructions below:
- Sign into internet banking (remember, only your first deposit needs to be from a bank account in the same name as your hatch account)
- Select ‘Hatch - Kiwi Wealth’ from the registered payees list, or
- Set up Hatch as a payee using these details:
Payee: Hatch - Kiwi Wealth
Account number: 12-3244-0013979-00
- Enter your unique reference code - you'll find it on your deposit page in Hatch. This helps us link your deposits to your Hatch account. If your bank has multiple reference fields, it's important you place the reference in the field "To appear on other parties statement".
Once we receive your NZD, we exchange them into USD, and you’re able to start investing. We want your money in Hatch as quickly as you do, see what you can do to put your money to work as soon as possible.
We are unable to accept cash deposits, since they do not come through with bank account details and we have to tie all deposits back to the bank account where they originated.
Depositing USD directly into Hatch
We've just started accepting USD deposits. To do this, please check out our page here.