Changes to BNZ Internet Banking for Business Terms and Conditions
Effective from 4 August 2017
When a User with Manage Site Administration Authority adds a new User, the User with Manage Site Administration Authority will now request a system generated initial password to be sent to each new User, instead of creating an initial password for that new User themselves.
If you require more information, please visit the Adding new users Help & Support page.
Changes to BNZ Flexi Debit Visa and BNZ credit cards terms and conditions
Effective from 18 July 2017
We are changing the BNZ Flexi Debit Visa and BNZ credit card terms and conditions.
The changes include making it clear that your obligations continue to apply when you use the information displayed on your card, or a device (e.g. a mobile wallet), to make transactions.
Fully updated versions are available here:
If you require more information, please visit your local BNZ store or phone 0800 275 269.
The Unclaimed Money Act 1971 requires the holder of monies to pay such monies to the Crown when they become “unclaimed”. This may include:
- Bank cheques, travellers’ cheques and foreign currency drafts that have not been claimed or presented by the payee for over 6 years.
- Transaction accounts (in credit) which have been inoperative for over 6 years.
- Deposit accounts (in credit) which have been inoperative for over 25 years. The bank is required to pay the Inland Revenue unclaimed monies in respect of bank cheques, travellers’ cheques and foreign currency drafts issued by the bank in the period 1 June 2010 to 31 May 2011, including transaction account balances which have been inoperative since 31 May 2011, and deposit account balances which have been inoperative since 31 May 1992. If you are holding a BNZ issued bank cheque, travellers’ cheque or foreign currency draft from this period, and you believe you are the true owner, please present the item to your bank for payment before 29 September 2017. If your account is inoperative, please reactivate it by undertaking transactions before 29 September 2017.
Any such monies remaining unclaimed as at 29 September 2017 will be transferred to Inland Revenue, where it will be available for the true owner to claim from 31 October 2017.
If you have any queries about how to claim monies from Inland Revenue, visit ird.govt.nz/unclaimed-money/