We have been made aware of Members being contacted by an individual claiming to be from the SBS Bank Fraud team. These are not genuine calls from SBS Bank. If you receive a call of this nature, please report it to our Contact Centre team immediately by calling 0800 727 2265.

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Depositor Compensation Scheme

  • Updated 27 June 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