Mortgage News

Bank switching easier with new rules

Monday 10th of January 2011

Payments NZ chief executive Steve Nichols says banks will now help people who want to switch banks, assisting with the transfer of direct debits, direct credits and other areas affected in the process.

Previously when customers wanted to shift their accounts from one bank to another the most time consuming task was the process of transferring over payment authorities.

Moving payme...

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