The Depositor Compensation Scheme came into effect on 1 July 2025. This scheme is designed to protect eligible people for up to $100,000 per person, per deposit taker, if a deposit taker fails.
What this means for your Strive account
As a Dosh customer, your account balance is covered under the DCS.
It's important to understand that your Dosh Strive account operates through our banking partner, on trust at a number of leading top tier banks in New Zealand
We wanted to make sure you were aware of this important new scheme and how it applies to your Dosh Strive account. There is no action required from you.
You can find more information about the DCS on the Reserve Bank of New Zealand website. Please reach out to contact@dosh.nz if you have any questions.