How to make KiwiSaver contributions

KiwiSaver payment options

There are various ways you can contribute to your Generate KiwiSaver Scheme account. Please select one of the payment options below.


As banks have begun to phase out cheques, we will no longer be able to accept cheque deposits from the 1st of August 2021. Please select one of the alternative payment options below.

Online banking

The easiest way to contribute to your account is via online banking. From here you can choose between setting up an automatic payment or a one-off bill payment. Generate KiwiSaver Scheme is a saved payee with all major banks, just select this option at the time you set your payment up.

To ensure your payment reaches the correct account please use the correct details below in the payment reference sections, we have included an example below. Please note payments with incorrect references will be returned to the payee account.

- Particulars: Surname

- Code: Initials (add your full name initials)

- Reference: Member number (include 5-6 digits of your GEN number)

Alternatively, you can directly pay into the scheme's bank account below, please use the payment reference details as above.

Generate KiwiSaver Scheme bank details:

Account Name: Generate KiwiSaver Scheme

Account number: 12-3244-0004191-00

Direct Debit

To make regular contributions you can log in to your online member account and provide instructions such as amount, frequency, start date, bank account name and account number to set up a new direct debit. Alternatively, you can complete our direct debit form. Please allow 10 business days for the Direct Debit to be set up.

Please note that payments made via DD or Automatic payment can take approx. 3 business days to reflect on your online member portal under your transactions*.

If you only wish to update an existing Direct Debit, please contact us directly.

IRD Payments (through your online banking)

1. Select Inland Revenue Pay Tax option

2. Select KiwiSaver Member Account (KSS)

3. Please add your IRD number when prompted

Please note that due to IRD processing time, payments can take approx. 10 business days to be reflected on your Generate online member portal under your transactions*.

* The Anti-Money Laundering and Countering Financing of Terrorism 2009 places an obligation on all financial services to collect the source of funds for large deposits. Once you have made the deposit, we may require you to complete a form and provide evidence for the source of funds. 

Once these documents have been returned to us, these will be reviewed, and further information may be requested. Once the review process is complete and supporting documents are accepted, we will allocate your funds according to your investment strategy. Please allow 5-10 business days for this process (subject to all required documents being submitted and approved). 

If you are employed

If you are Employed (contribute via PAYE), you will need to let your employer know your chosen contribution rate (either 3%, 4%, 6%, 8% or 10%). KiwiSaver providers are unable to tell your employer what your contribution rate is. They may ask you to complete a KS2 form. If no deductions are received by the IRD they will write to your employer requesting them to start making deductions.