ANZ plans to cut 23 workers from its Auckland offices and outsource the work to India.
The bank, which also confirmed 70 job cuts in Australia today, said the move was part of an efficiency drive.
"We are always looking at ways to make the business more efficient while not compromising customer service. It makes sense to play to each country's strengths for some bank functions," said a spokesman for the bank.
He said ANZ routinely deployed skills and responsibility to other parts of the business where they were needed or where there was expertise.
"Some countries have a particular strength when it comes to a particular skill or delivering the best service."