Scam Warning

We would like to remind Members to stay vigilant against scams this festive season. SBS will never ask you for your internet banking password, card number, security text codes or PIN number - in person, on the phone, in writing or by email. If you get any such requests, please phone us on 0800 727 2265 immediately to report it.

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Depositor Compensation Scheme

  • Updated 1 October 2025

The Depositor Compensation Scheme (DCS) will come into effect on 1 July 2025, providing an additional layer of protection and peace of mind for New Zealanders. This is a government scheme and SBS, as a registered bank, is included. Read more