Transcript fund transfer scheme (fts) process map - india

FUND TRANSFER SCHEME (FTS) PROCESS MAP - INDIA
Step 4
ANZ NZ
Account will be opened and
all details will be sent to the
applicant in the welcome letter
(Applicant will receive the
details within 24–48 business
hours)
Step 1
Step 3
Step 8
Step 6
ANZ bank notifies
INZ, confirming the
applicant’s account
balance
Student arrives in NZ and
visits nearest ANZ branch to
activate their accounts &
funds allocation
(Student must present correct
identification & address as
proof documentation)
Step 5
STUDENT
Student lodges their visa
application with INZ and
clearly marks the front of
the application form with
a bold ‘FTS’;
Applicant provides a copy
of AIP letter to ANZ Bank
along with completed ANZ
enquiry form.
Applicant remits funds to
their ANZ account, also
providing a copy of the TT
receipt to ANZ bank
(Applicant also needs to
mention this in their
covering letter)
(Use new ANZ enquiry form
and ONLY email at [email protected])
(Funds must be transferred
from India ONLY)
Step 2
INZ
INZ branch processes the
student’s visa application
and if satisfied, notifies the
applicant that they have
been approved in principle
(AIP).
Step 7
Applicant submits
required documents
as per AIP
requirement for
issuance of student
visa