"Many people think when they are caught in a rip that they're strong enough to out-swim it, but not even an Olympic swimmer can beat a rip," Paul Dalton, SLSNZ chief executive said.
"Rip currents will quickly carry you away from the shore and it will be frightening, but if you follow the three R's you will be in the best possible position to get to safety."
With summers in New Zealand getting hotter and beaches packed with more people, the creating awareness around rip safety is timely.
"TSB is a New Zealand bank which cares about people, so helping New Zealanders stay rip safe this summer is a cause everyone in our organisation is proud to get behind," Cooper said.
"I'm calling on all New Zealanders to spread 'the three R's' safety education message: relax, raise and ride. Get everyone talking about rip safety, test your whānau's knowledge regularly and make sure you remind anyone of the catchy phrase before they enter the water.
TSB entered into a partnership with Surf Life Saving New Zealand in 2016.