BankWest TeleNet deposits hit $1 Billion in 13 weeks.

BankWest have reported an outstanding take-up in the recently launched TeleNet deposit range with $1 Billion deposited in the first 13 weeks. BankWest report that more than 10,000 new customers have been acquired through the aggressive deposit products and since inception a range of cross-sell opportunities into other areas of BankWest have emerged most notably within specialist deposits for more than $1 Million and the BankWest mortgage business.