New Zealand Bank: No Cash Guarantees....... : LUSENET : TimeBomb 2000 (Y2000) : One Thread


-- PJC (, December 01, 1999


Here's the full story quoted below. A friend of mine is planning a Y2K bugout to New Zealand. If you are living in NZ, please drop me an email.


No Y2K cash guarantee, says bank

Source: The Evening Post

WestpacTrust has told customers it can't guarantee access to cash at money machines when the century clicks over to 2000. Chief executive Harry Price said yesterday customers' money would be safe, with financial records and arrangements such as automatic payments maintained. The bank had been working on year 2000 issues for two years and would have teams of people ready to fix problems "as soon as humanly possible", Mr Price said. Westpac Trust is the only bank to guarantee money will be safe, although the banking industry says it is prepared for the 2000 change-over. - NZPA

Supplied by New Zealand Press Association

Publication date: Nov 27, 1999

) 1999, NewsReal, Inc.

-- Zach Anderson (, December 01, 1999.

Your money is safe with us, best not to have your money, best to leave it where it is safe.

-- RogerThat(NOT) (, December 01, 1999.

Re. running to NZ - better be aware that NZ has very high immigration standards, and they're not dumb neither. They seem to be a popular choice for the buggers: I wonder how they'll deal with it?

-- Colin MacDonald (, December 02, 1999.

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