Australia and New Zealand Banking Group Limited - Notification - N94457
Outcome
Allowed to stand
Applicant(s)
Australia and New Zealand Banking Group Limited
Notification number(s)/Dates lodged
N94457,
1st February 2010
Summary
The Australia and New Zealand Banking Group Limited (ANZ) proposes to issue a reloadable prepaid Visa card (the Card) in conjunction with the University of Sydney (the University). The reloadable prepaid Visa functionality of the Card will be added to the existing functionality of the University's student card. Before students can use the Visa functionality of the Card they must register their details at a website and load funds onto the Card.
In order to acquire a Card, consumers must be a current student at the University. Students can opt out of receiving a University student card with the Visa prepaid functionality.
