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Switching bank accounts may be easier than you think

Discussion in 'Money Management & Banking' started by Simon Hampel, 3rd Nov, 2008.

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Simon Hampel Founder Staff Member

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Switching bank accounts - Australian Securities and Investments Commission

Are you thinking of switching your everyday bank account, also known as a ‘transaction account’, to another bank, credit union or building society?

The Government has introduced new measures to make it easier for consumers to switch banks if they are not satisfied with their current provider. Under these new measures, both your current provider and the financial institution you want to move to, will help make the switch. Read four steps for switching accounts

Here are some tips that will save you time, money and possibly a lot of hassle.

... (more)
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Simon Hampel, 3rd Nov, 2008

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