Applicant(s)
- Westpac Banking Corporation
Notification number(s)
- N95257
Summary
Westpac proposes to offer transaction and savings accounts upon favourable terms where the customer obtains share trading services from Australian Investment Exchange Limited and where the share trading facility is linked to those Westpac bank accounts. Specifically, Westpac proposes to offer bonus interest rates to customers who have a 'Cash Management Account', if this account is linked to Australian Investment Exchange Limited's share trading facility, and a certain number of trades are placed each calendar month.