Smarter Banking: how to get the most out of your banking
15/07/2018
If you’d like to get the most out of your banking and manage your money better, it might pay to check out the Smarter Banking guide launched by the New Zealand Bankers’ Association today. “The guide provides practical information for customers about their everyday banking. It’s also intended to complement the recently revised Code of...
Read Article
Law requires banks to freeze some accounts
28/06/2018
Some New Zealanders are having their bank accounts frozen because of OECD regulations reflected in New Zealand law, which requires banks to comply. “If your bank has asked you about your foreign tax status, you should respond as soon as possible, regardless of your tax status,” says New Zealand Bankers’ Association deputy chief executive Antony...
Read Article
How you can help prevent financial elder abuse
14/06/2018
If you see, or are aware of, any signs of financial elder abuse then it’s important you call for help. That is the key message from the New Zealand Bankers’ Association as Elder Abuse Awareness Week is launched today. “Financial elder abuse can include everything from illegal or wrongful use of older people’s money, their...
Read Article
International requirements may freeze your bank account
04/06/2018
New Zealand banks are reminding customers who have been asked about their foreign tax status that they need to respond to their bank as soon as possible. International regulations, reflected in New Zealand law, require New Zealand banks to undertake due diligence on the foreign tax status of their customers and provide relevant related information...
Read Article
Refreshed Banking Code sets out customer promises simply
31/05/2018
The New Zealand Bankers’ Association (NZBA) has launched a new edition of the Code of Banking Practice aimed at giving all customers a good banking experience. It sets out clearly what you can expect from your bank, and comes into effect on 1 June 2018. New Zealand Bankers’ Association deputy chief executive Antony Buick-Constable says,...
Read Article
Bankers’ Association responds to regulators
02/05/2018
Last night the Bankers’ Association responded to calls from the Reserve Bank and the Financial Markets Authority (FMA) to provide them with evidence of how New Zealand’s banking culture and conduct is different from what has been revealed by the Australian Royal Commission into financial services industry misconduct. In a letter to the regulators, the...
Read Article
American Express joins NZBA as affiliate member
13/02/2018
The New Zealand Bankers’ Association today welcomed American Express as its latest affiliate member. “We are delighted to have American Express join us as an affiliate member,” says New Zealand Bankers’ Association Chief Executive Karen Scott-Howman. “Affiliate members work closely with the banking sector. This affirms the commitment American Express, as a global financial services...
Read Article
Bankers’ Association congratulates new Reserve Bank Governor
11/12/2017
The New Zealand Bankers’ Association today congratulated Adrian Orr on his appointment as the next Governor of the Reserve Bank of New Zealand. “New Zealand is lucky that we have someone of the calibre of Mr Orr available and willing to do this job. He is extremely capable and at the same time grounded in...
Read Article
Get 2FA for Cyber Smart Week
26/11/2017
The New Zealand Bankers’ Association is encouraging people to get two-factor authentication in support of Cyber Smart Week. “We all know it’s important to protect your PINs and passwords when it comes to banking. There’s also another way to fight financial crime and keep your money safe,” say New Zealand Bankers’ Association chief executive Karen...
Read Article
NZBA launches scam resource for Fraud Awareness Week
12/11/2017
As part of International Fraud Awareness Week, the New Zealand Bankers’ Association has launched a guide on how people can help keep themselves safe from online scams. “We’ve designed the pamphlet to help raise awareness about the risk of online scams, and how to keep yourself safe,” says New Zealand Bankers’ Association chief executive Karen...
Read Article
