Catherine McGrath: Westpac chief executive on the bank's plan to launch new 'basic' bank accounts
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.
A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services.
The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking.
Chief executive Catherine McGrath says it matches a UK offering, with specific features.
"The don't have overdrafts, the types of transactions can be a bit restricted."
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