[LINK] Requirements for net banking

David Lochrin dlochrin at dot.net.au
Mon Mar 21 11:09:53 EST 2005


On Fri, 18 Mar 2005 12:18, Tom Swann wrote:
> The one that I've not seen addressed is the extremely arogant method that 
the banks vary their conditions of use for net banking.
> 
> I log in but before I can get to the page [...] I am presented with a page 
(five miles long) of conditions that I must agree to, before I can procede 
any further.
> 
> Not an indication as to which paragraph, line or word has been changed since 
the last change.

   The Commonwealth Bank presents an "Electronic Banking Product Disclosure 
Statement" which runs to 33 pages when printed every time they make a change.  
There is no indication as to where the variation concerns, and changes occur 
fairly frequently.  I note it doesn't seem possible to download a copy 
either.

   I'd be surprised if this triumph of corporate wankery over common sense has 
much legal force as a valid method of advertising changes, and I intend to 
write to the NSW Dept. of Fair Trading on the matter.

ADL


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