Has anyone any knowledge of KiwiBank, it took me 24 hrs and one email to open an account from the UK, have not put in any money yet, are they OK
Member
KiwiBank
Has anyone any knowledge of KiwiBank, it took me 24 hrs and one email to open an account from the UK, have not put in any money yet, are they OK
Member
I think KiwiBank is state owned so your money should be safe!
Peter
Testing the Water
Have been with kiwibank for a couple of years,
friendly, fast and reliable customer service,
many atms ...
and nz owned and oparated
so you should be ok.
Member
Yeah, just about all Kiwi banks are in fact Australian owned. Even the National Bank which was owned by Lloyds, has been bought by ANZ. Their profit last year was $1B, which is a stupendous figure for a country of a little over 4 million.... They also decided yesterday that they needed to sack 400 staff so they could send the jobs to India, as the shareholders weren't happy. Apparently $1B isn't enough of a profit.........The greed of these companies beggars belief. So KiwiBank and I think TSB are the only Kiwi owned banks left, go support them!
Senior Member
They do cool TV ads if that helps!
Member
Yip TSB is Kiwi owned from their website....Yeah, just about all Kiwi banks are in fact Australian owned. Even the National Bank which was owned by Lloyds, has been bought by ANZ. Their profit last year was $1B, which is a stupendous figure for a country of a little over 4 million.... They also decided yesterday that they needed to sack 400 staff so they could send the jobs to India, as the shareholders weren't happy. Apparently $1B isn't enough of a profit.........The greed of these companies beggars belief. So KiwiBank and I think TSB are the only Kiwi owned banks left, go support them!
Even today, ownership of the bank remains vested in a community trust, with all profits staying right here in New Zealand. Where they belong.
http://www.tsb.co.nz/about/index.php
Having twice lost my job in the UK due to outsourcing to India, I'll be giving National Bank a miss!
Peter
Last edited by Peter&Liz; 18th April 2008 at 09:16 PM.
Member
Don't blame you mate, it's usury, no other word for it. The fees these banks charge will make your eyes water.....The Aussies are laughing all the way to the bank..................Originally Posted by Peter&Liz
Member
Agree, free banking seems to be unheard of over here. The Kiwi Bank does at least offer a fee free credit card which I'll apply for.Don't blame you mate, it's usury, no other word for it. The fees these banks charge will make your eyes water.....The Aussies are laughing all the way to the bank..................
Member
free credit card is off limits for me! no way I'm having another credit card after the trouble I've been in.
Member
We are with Kiwibank and find them very good and easy to use.
Also the cheapest mortage for us too.
Posting Permissions
