Bankwest Forum

Ask a new question
Reply
Forum Manager

Changes to merchant statements

Posted by JeremyL JeremyL
Message 1 of 1 475 Views

Bankwest will be turning off electronic merchant statements from 1 September 2017, while we work to integrate new statement information.

 

From this date all businesses are required to comply with a new law that prohibits excessive payments surcharges.

 

To assist you in complying with this law, from 1 August 2017 you'll receive an improved paper statement with detailed information about your cost of acceptance.

 

For more information on the changes visit the ACCC website.

Reply
0 Kudos
Ask a new question
Top kudoed contributors

Bankwest SWIFT code: BKWAAU6P | Find your BSB by logging into Online Banking
© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.