|
Post by baza on Mar 19, 2019 6:09:11 GMT -5
This bank is - in my jurisdiction - running an ad campaign.
The tagline to the campaign is that the Westpac bank are there to help you. And they mention a product they have called the Westpac Separation Hub. I have just had a look at the product.
It gives all manner of practical advice about what you need to do if you are separating. Handy hints, checklists, what you'll need in documentation, all manner of things financial. It is quite extensive in the territory it covers. It would be of tremendous value for people in this situation.
Just out of interest, has anyone anywhere else seen such a product being offered by a financial institution or bank in your jurisdiction ? It strikes me as being highly unusual, and worthy of note.
PS - the banks in my jurisdiction were subjected to a Royal Commission last year, over their reckless and unethical business practices (Westpac was one of them) and came out of that investigation stinking like a pile of rancid shit. I think their conduct was appalling .... however this Westpac Separation Hub looks like a valuable service to me.
Disclaimer - I have no connection to the Westpac bank in any way. I'm not a customer and never have been.
|
|
|
Post by h on Mar 19, 2019 9:44:04 GMT -5
Never heard of anything like that in my region. That sounds like a very unique service.
|
|
|
Post by isthisit on Mar 19, 2019 11:06:37 GMT -5
Nope, nothing I am aware of in the UK either. A clear gap in the market and a pragmatic service IMO.
|
|
|
Post by Handy on Mar 19, 2019 20:35:27 GMT -5
Nothing in the rocky Mountain west of the USA advertised like that. Banks do set up trusts and escrow accounts.
|
|