TL;DR: In June 2025, ANZ warned of emails impersonating ANZ Premier Wealth, offering "treasury and corporate Kiwi bonds" and claiming they’re protected by the new Depositor Compensation Scheme (DCS). That’s false: the DCS (from 1 July 2025) covers up to $100,000 per eligible customer if a bank or deposit-taker fails, but not bonds, KiwiSaver or foreign currency accounts. The emails use ANZ, Reserve Bank and Treasury logos. Delete them.
The scam
From ANZ’s warning (13–14 June 2025):
- Emails impersonate ANZ Premier Wealth staff.
- They offer "treasury and corporate Kiwi bonds."
- They claim DCS protection, which is false.
- They use ANZ’s name, address, logo and registration details, plus Reserve Bank and Treasury logos.
- You’re invited to reply to a fake ANZ email or call a fake ANZ number to start a bond application.
The real Depositor Compensation Scheme
| Fact | Detail |
|---|---|
| Start date | 1 July 2025 |
| Coverage | Up to $100,000 per eligible customer if a bank or deposit-taker fails |
| Not covered | KiwiSaver, foreign currency accounts, bonds and other tradeable products |
Scammers love a new government scheme. People have heard the name but not the fine print, so "government-protected" sounds plausible. Here, the fine print specifically excludes what they’re selling.
Red flags
- Unexpected investment offers
- High, fast or low-risk returns
- Pressure to act quickly
- Unregistered promoters
- Claims of DCS protection for bonds, KiwiSaver or foreign currency
- Offers to recover lost funds
What to do
- Don’t reply or call the number. Delete it.
- Verify any investment and promoter independently, using a number from the provider’s official website.
- Get advice from a licensed financial adviser.
- Think you’ve been scammed? Call ANZ on 0800 269 296 (overseas +64 4 470 3142).
Check promoters on the FSPR (how). Other ANZ NZ scams: 2026 alerts. A free exposure check shows if your email is in breach data.
Frequently Asked Questions
Does the Depositor Compensation Scheme cover bonds?
No. The DCS doesn’t cover bonds and other tradeable products, KiwiSaver, or foreign currency accounts.
Is ANZ Premier Wealth emailing bond offers?
ANZ warned that emails from "ANZ Premier Wealth" offering Kiwi bonds were a scam.
How much does the Depositor Compensation Scheme cover?
Up to $100,000 per eligible customer if a bank or deposit-taker fails, from 1 July 2025.