Banking Nonsense
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<blockquote class="ipsBlockquote" data-author="jegga" data-cid="587464" data-time="1465805947">
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<p>It could be a really nice little spot, the beach is nice but horrible to launch boats on, Its got more than its share of gang issues <a data-ipb='nomediaparse' href='http://www.stuff.co.nz/national/crime/2506390/Police-clamp-down-on-Horowhenua-gang-violence'>http://www.stuff.co.nz/national/crime/2506390/Police-clamp-down-on-Horowhenua-gang-violence</a></p>
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<p>Well, we weren't there during night time hours. </p>
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<p>Fuck that was a good trip. Long days of sun (until we got to ChCh) and plenty of shit to see with the family. Awesome food and locally brewed beer. Must get back...</p> -
Just checked ANZ's website - they process payments to other banks on the same day as long as the payment is made before 10pm, so that's all of the major trading banks here. Kiwibank also process hourly. Not sure about the smaller banks, but there's no reason not to. This doesn't apply on weekends, but some banks transfer within themselves on weekends as well. <br><br>
Cash deposits are also instant. -
<blockquote class="ipsBlockquote" data-author="Godder" data-cid="587514" data-time="1465812791"><p>Just checked ANZ's website - they process payments to other banks on the same day as long as the payment is made before 10pm, so that's all of the major trading banks here. Kiwibank also process hourly. Not sure about the smaller banks, but there's no reason not to. This doesn't apply on weekends, but some banks transfer within themselves on weekends as well. <br>
Cash deposits are also instant.</p></blockquote>
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Sure but a delay between 2 ANZ accounts from the same branch is pretty pisspoor for 2016 I would have thought -
<blockquote class="ipsBlockquote" data-author="Siam" data-cid="587523" data-time="1465813792"><p>
Sure but a delay between 2 ANZ accounts from the same branch is pretty pisspoor for 2016 I would have thought</p></blockquote>
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ANZ to ANZ is instant here. Apparently the Australian parent is a bit behind its NZ counterpart... -
<blockquote class="ipsBlockquote" data-author="Godder" data-cid="587514" data-time="1465812791">
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<p>Just checked ANZ's website - they process payments to other banks on the same day as long as the payment is made before 10pm, so that's all of the major trading banks here. Kiwibank also process hourly. Not sure about the smaller banks, but there's no reason not to. This doesn't apply on weekends, but some banks transfer within themselves on weekends as well.<br><br>
Cash deposits are also instant.</p>
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<p>Negative, they mean they process the payment that night as long as it is before 10PM. After 10PM... then the following night. E.G. ANZ -> Westpac at 10AM will go through overnight. BNZ -> Westpac at 10AM will go through by midday.</p> -
<p>I was with ANZ, I left them due to a change in financing requirements rather than being disgruntled with ANZ and went to CBA.</p>
<p>I wasn't expecting to see such a dramatic difference between the two.</p>
<p> </p>
<p>Transfers between any CBA accounts is instant.</p>
<p>CBA offers an excellent iphone app that gives you the ability to send money via phone numbers (CBA Account Holders only), cardless cash collections from ATMs, fingerprint authentication, and near real time transaction updates (I see my in-store purchases hit my Credit Card account on my iphone within a second which wasn't possible at the time with ANZ).</p>
<p>CBAs online webservice is also much better than ANZs (better functionality, availability and performance).</p>
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<p>CBAs biggest downfall is its awards program (only because I am with Frequent Flyers).</p> -
<p>I switched to Westpac at the start of last year when I got a mortgage with them. One thing that annoyed me was if someone put, say, $500-600 in my account (be it wages or just a friend putting cash in for rugby tickets), only $200 of it was available until the next day. I never had this problem with National/ANZ, and likewise with Kiwbank now (refinanced my mortgage at the end of last year but keep a couple of accounts and a credit card with Westpac), all funds are cleared immediately. So I emailed Westpac, they came up with their bullshit excuse of making sure payments to me aren't dishonoured by the banks of the payee, and then told me they're taking off the $200 limit anyway seeing as I asked. </p>
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<blockquote class="ipsBlockquote" data-author="phoenetia" data-cid="587717" data-time="1465875651">
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<p>I was with ANZ, I left them due to a change in financing requirements rather than being disgruntled with ANZ and went to CBA.</p>
<p>I wasn't expecting to see such a dramatic difference between the two.</p>
<p> </p>
<p><strong>Transfers between any CBA accounts is instant.</strong></p>
<p>CBA offers an excellent iphone app that gives you the ability to send money via phone numbers (CBA Account Holders only), cardless cash collections from ATMs, fingerprint authentication, and near real time transaction updates (I see my in-store purchases hit my Credit Card account on my iphone within a second which wasn't possible at the time with ANZ).</p>
<p>CBAs online webservice is also much better than ANZs (better functionality, availability and performance).</p>
<p> </p>
<p>CBAs biggest downfall is its awards program (only because I am with Frequent Flyers).</p>
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<p>No they're not (I assume CBA is Commbank). They may show instantly, but the cash is often not available. I can't compare with ANZ as I don't have an ANZ account. I haven't tried the iPhone app tapping other phones thing that M4L spoke about but I'll give it a whirl later this week. </p>
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<p>Cardless cash is great though. Hooroo - if you don't have your card you can withdraw cash from an ATM with a text code.</p> -
<p>Westpac is my hatiest bank.</p>
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<p>All the separate Horse bank accounts are with Westpac and they just seem so behind on the tech front.</p>
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<p>Eventually I will set up new horses with Kiwibank but haven't found the time to do so yet</p> -
<blockquote class="ipsBlockquote" data-author="Nepia" data-cid="587724" data-time="1465876137">
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<p>Cardless cash is great though. Hooroo - if you don't have your card you can withdraw cash from an ATM with a text code.</p>
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<p>That's awesome! </p>
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<p>Do we have that in NZ, anyone?</p> -
<blockquote class="ipsBlockquote" data-author="Hooroo" data-cid="587725" data-time="1465876143">
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<p>Westpac is my hatiest bank.</p>
<p> </p>
<p>All the separate Horse bank accounts are with Westpac and they just seem so behind on the tech front.</p>
<p> </p>
<p>Eventually I will set up new horses with Kiwibank but haven't found the time to do so yet</p>
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<p>I'm just basically keeping the accounts as 1) it's easier to pay into a Westpac account then put it on my credit card as payments to credit cards from other banks seem to take a couple of days and 2) I keep one account for taxes for my contract work.</p> -
<p>Cardless cash isn't available everywhere EDIT: or every institution - CBA are actually leading the banking sector in a lot of ways.</p>
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<p>A few years ago, they put some serious cash into their online banking, and introduced such wonderful things as instant updates to accounts, and particularly credit card transactions. It cost a bomb but delivered some excellent customer service. As a Bankwest customer, I get the knock-on benefits (but not the same payment options in the app) as a subsidiary.</p>
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<p>It was amazing, having just left Westpac, to see a credit card transaction come up on my net banking straight away instead of two days later (or longer).</p> -
<p>I can make a payment on Monday morning from ASB to clear my ANZ credit card and the payment hits my CC account assume at midnight Tuesday.</p>
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<p>Cardless cash...interesting.</p>
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<p>What does annoy me is why it takes longer for a credit card payment at say a supermarket takes longer to process after you push ok than it does for pay wave...wasn't a fan of it when it came out now I think the places that don't have it are a bit budget haha </p>
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<p>Transactions are instant in NZ, well on my accounts at ASB & ANZ and when I was with Kiwibank they were too.</p>
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<p>ASB takes 21 work days to release the cash from a foreign cheque to me, whereas ANZ do so immediately, but charge me $5 for it, while ASB charge a few cents.</p> -
<blockquote class="ipsBlockquote" data-author="Nepia" data-cid="587724" data-time="1465876137">
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<p>No they're not (I assume CBA is Commbank). They may show instantly, but the cash is often not available. I can't compare with ANZ as I don't have an ANZ account. I haven't tried the iPhone app tapping other phones thing that M4L spoke about but I'll give it a whirl later this week. </p>
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<p>Cardless cash is great though. Hooroo - if you don't have your card you can withdraw cash from an ATM with a text code.</p>
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<p>FWIW I have done instant cash transfers and withdrawals numerous times. Sometimes just using the phone app, othertimes at the counter.</p>
<p>I've not seen a situation where the money wasn't available (I'm not disputing your experience, just sharing my own).</p> -
<blockquote class="ipsBlockquote" data-author="phoenetia" data-cid="587735" data-time="1465876766">
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<p>FWIW I have done instant cash transfers and withdrawals numerous times. Sometimes just using the phone app, othertimes at the counter.</p>
<p>I've not seen a situation where the money wasn't available (I'm not disputing your experience, just sharing my own).</p>
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<p>Nepia prolly looks a bit dodgy, so they like to make sure of it first.........</p> -
<blockquote class="ipsBlockquote" data-author="Hooroo" data-cid="587725" data-time="1465876143">
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<p>Westpac is my hatiest bank.</p>
<p> </p>
<p>All the separate Horse bank accounts are with Westpac and they just seem so behind on the tech front.</p>
<p> </p>
<p>Eventually I will set up new horses with Kiwibank but haven't found the time to do so yet</p>
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<p>Do they have special ATMs for the hooves?</p>