ME Bank reposted this
Today, Bank of Queensland, ME Bank and Virgin Money Australia has placed its customers on notice through an important and unambiguous update to its deposit product terms and conditions to make clear that we will not tolerate the misuse of our products and services to perpetrate financial abuse. We know that perpetrators misuse services like banking, insurance, superannuation, telecommunications, energy, water, and technology to threaten victim-survivors or accrue debts in their name, leaving them financially decimated. We want that to stop. While this is an important step, we acknowledge there is more to be done. We are committed to continuing this work by collaborating with the sector and with consumer advocates to ensure our products are not used as vehicles for abuse. Thank you, Catherine Fitzpatrick & Flequity Ventures for shining a light on this issue, supporting us and advocating for this much needed change across several industries. BOQ Group Greg Boyle Rod Finch Chris Screen Rachel Stock GAICD Racheal Kellaway Alexandra Taylor GAICD Victoria Vivente (Shakeshaft).