QuokkaMar 31
Oh wow. Just been reading; for a #PayID payment into a #Westpac account the period whereby the sender can claim it was a Mistaken Internet Payment is.... wait for it... 7 months!!! You can be scammed 7 months after receiving payment. And the best bit, the banks might not even tell you, they just accept each other's word and transfer the money back.
I am learning lessons this week.
Section 6.19 of their Online Banking T&Cs
Yonhap Infomax NewsFeb 4
The Reserve Bank of Australia is expected to raise rates again in May, as inflation remains above target, according to Westpac's Lucy Ellis, a former RBA Assistant Governor.
#YonhapInfomax #ReserveBankOfAustralia #InterestRateHike #Inflation #Westpac #LucyEllis #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103787
Former RBA Assistant Governor Economist Sees Likelihood of Additional Rate Hike in May

The Reserve Bank of Australia is expected to raise rates again in May, as inflation remains above target, according to Westpac's Lucy Ellis, a former RBA Assistant Governor.

Yonhap Infomax
Yonhap Infomax NewsJan 23
Westpac says the Reserve Bank of Australia’s February rate hike decision will hinge on next week’s core CPI data, with any increase likely to be a one-off move as strong December jobs data pushes odds to 50-50.
#YonhapInfomax #ReserveBankOfAustralia #Westpac #InterestRates #TrimmedMeanCPI #InflationData #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=101712
Westpac Says RBA’s February Rate Hike Hinges on Next Week’s CPI—Any Increase Likely One-Off

Westpac says the Reserve Bank of Australia’s February rate hike decision will hinge on next week’s core CPI data, with any increase likely to be a one-off move as strong December jobs data pushes odds to 50-50.

Yonhap Infomax
nick 🇦🇺Dec 10
@Triskerslake We had an outage with #westpac EFTPOS and online banking at work earlier today.
warkolmDec 10
apparently #westpac / #stgeorge are down at the moment and you can't withdrawal cash, even at the branch
skuaDec 9

Apparently have succeeded in sending $500 to a relative in South Africa.

#Westpac has, during this process;
suspended my internet and phone banking,
demanded I visit a branch in person to verify my ID,
not taken the block off my phone banking when they should have,
not sent a OTC as requested, etc, etc.

ABSA has charged +$50 to return money they wouldn't deposit into an account that they'd received the details for.

And WU website didn't work nicely either.

May send $ overseas?
Set it up now.

skuaNov 24

Tried "international banking" with SWIFT / BIC codes etc using a big Australian bank, Westpac.

They blocked my internet banking in retaliation.

Had to attend a branch in person and then wait +3 hours for a verification phone call to get access to internet banking again.

Fortunately no one was in urgent need of the money.
And hopefully I'll be able to smoothly transfer money in future.
But the ✓@π§∆°! service.

#Westpac

Jo the Neenish TartNov 21
So why does the Westpac CEO bloke get a free spruiking session on the supposedly non-commercial ABC just because Westpac sponsor cricket?? #Westpac #ABCAustralia #TheAshes
S.v. N.SönmezNov 3

Westpac CEO'su, Avustralyalı tüketiciler hakkında iyimser. Bu durum, RBA'nın faiz indirimleri konusunda temkinli kalmasına yol açabilir. Ekonomik veriler ve merkez bankası kararları yakından takip ediliyor.
Yatırım tavsiyesi değildir!

🚩 #Avustralya #Ekonomi #FaizOranları #RBA #Westpac #Finans

Show threadQuokka (on the move...)Oct 29
@John wait until you try and withdraw over $10k cash. Assuming you can a) find a branch b) it's not gone cashless.
#Westpac were also the first institution I've ever dealt with in my life that rejected my signature (it went a little outside of the Sign Here box).