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February 2018

Clearing cheques

Cheques, although in declining use, still generate complaints, usually about how long it takes to clear funds. A cheque, once deposited, can...

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February 2018

Direct debits

A direct debit gives someone permission to take funds directly from your bank account. A typical example is when you arrange a direct debit ...

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February 2018

Foreign cheques

New Zealand banks don't have to accept cheques from overseas, and may not accept them from some countries, so check with your bank before ta...

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March 2018

ATMs

SecurityWhen entering your PIN, shield your hand from view so people around you can't see it. This reduces the chance of somebody "shoulder ...

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March 2018

Mistaken payments

Mistakes happen from time to time, no matter how much care we take. Two transposed numbers on a deposit slip or a moment of inattention whil...

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March 2018

Mobile banking

Nowadays, no-one thinks twice about doing banking by phone, laptop or tablet. Quite apart from the convenience, mobile banking can help you ...

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March 2018

Processing payments

We can consider complaints about banks making mistakes when they process payments. This includes wrongly delaying or failing to make a payme...

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March 2018

Telegraphic transfers

Telegraphic transfers work as follows: 

The sender (“the remitter”) instructs his or her bank to send funds overseas to someone (“the benef...

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