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Transaction accounts go online

21/08/2012

Bankwest retail chief executive officer Vittoria Shortt says she has seen continual growth in customers opening accounts online.

“About 15 per cent of new everyday accounts that are opened at Bankwest are done online,” she says. “This has doubled over the past 12 months.”

For many customers, opening an account online takes about 10 minutes and most financial institutions need a 100-point identification check.

Source: Herald Sun

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