We have updated our Conditions of Use relating to opening a MOVE Bank account, effective 1 September 2023. A summary of the change is included below.
Opening an account
Prior to opening an account, you should first check the Interest Rate Schedule and Summary of Accounts, Access Facilities and Transaction Limits brochure for the different account types available, any conditions that apply, and the features and benefits of each account type to ensure that it meets your needs.
[NEW] When you open an account via internet banking, you may be able to deposit funds into the account immediately. You will not be able to transfer out of the account until we have contacted you to verify information provided to us including your account opening instructions. This is to help protect your accounts.
We reserve the right not to provide an account or related access facility at our absolute discretion.
