The method of creating an FTS account was recommended to speed up the processing of New Zealand student visas by allowing Indian students and students from the other nations on the list quick access to finances to study in New Zealand. Students who intend to study and work in New Zealand must only deposit their living costs into an FTS account, which may be opened at the ANZ bank in the country. This procedure may be completed entirely online. The Indian embassy in New Zealand suggests that Indian students create an FTS account to study in New Zealand in order to fund their living expenses in a simple and straightforward manner after they arrive in New Zealand.