Ko Te Peeke O Aotearoa | Sovereign Bank of Aotearoa (Sovereign B O A Limited)
This entity is not a registered bank under the Banking (Prudential Supervision) Act 1989, nor is it prudentially supervised by the Reserve Bank of New Zealand or any other New Zealand authority.
Use of the word 'bank' in the name, or in activity carried out by The Sovereign Bank of Aotearoa has not been authorised by the Reserve Bank of New Zealand.
The Financial Markets Authority (FMA) has also issued a statement recommending caution when dealing with this entity. See the FMA website.