The suspension of the issuance and collection of the Demand Draft denominated in New Zealand dollar.

Dear Customers

Thank you very much for banking with SMBC Trust Bank PRESTIA.

The provider of the Demand Draft service has announced that they decided to terminate the new issuance of the Demand Draft denominated in New Zealand dollars, due to a decrease in check transactions and a change in the handling of check in New Zealand.
With this notification, we will terminate the issuance and the collection of the Demand Draft denominated in New Zealand dollars from January 1, 2021.

In addition, we have been informed that the collections of Demand Draft to New Zealand, regardless of currency, may take a long time to settle or additional fees may apply in New Zealand.
Please also consider overseas wire remittance when transferring funds to New Zealand.

We sincerely appreciate your understanding and look forward to serving you in the future.

SMBC Trust Bank Ltd.