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24 Apr 2024 23:18
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  •   Home > News > Business

    New Zealand's biggest bank is about to stop buying and selling foreign cash

    New Zealand's biggest bank is about to stop buying and selling foreign cash

    20 October 2020
    ANZ will stop distributing currency from November 13, after a dive in demand.

    It will also start charging commission on foreign cash purchases after November 14, on its cash-back platinum credit card.

    But Herald money editor Tamsyn Parker says BNZ, Westpac and ASB won't be ditching the service.

    She says they are holding on, hoping borders will eventually re-open, and people will travel.

    © 2024 Newstalk ZB, NZCity


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     Top Stories

    RUGBY RUGBY
    A new role awaits versatile Crusaders back David Havili ahead of his injury return in Friday's home clash against the Rebels in Christchurch More...


    BUSINESS BUSINESS
    New Zealand has achieved its first trading surplus since last May More...



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