What is FTS program for New Zealand?

What is FTS program for New Zealand?

The aim of the Funds Transfer Scheme (FTS) is to help facilitate the processing of applications for students who want to go to New Zealand to study for 12 months or more.
Students are required to have up to NZ$15,000 for each calendar year that they are studying in NZ. Due to the savings habits, and financial arrangements in some student markets, potential applicants may have difficulty in demonstrating the need to evidence this mandatory requirement. For these clients, the ANZ FTS is an option that they may consider in order to demonstrate that they have funds and the genuine intent to study in NZ.

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