Page 39 Advertisements Column 1

Press, 20 February 1986, Page 39

“THE PRESS” jk g rig FOR CLASSIFIEDS NO.I PHONE 792-440 PLEASE RING EARLY FOR SATURDAY ADS

If you use this card then you should know The New Conditions, As you know, your Autobank Card can now be used in EFT-POS transactions and at tellers terminals inside branches. Because of this we have updated the Terms and Conditions of Use of the Card to cover these expanded services. Accordingly, the following Terms and Conditions of Use will apply to all Autobank Card transactions carried out on or after 19 February 1986. Copies of these new Terms and Conditions are freely available at your nearest branch of Bank of New Zealand. „ - — —x, effeci any POS transaction or make any with- Personal Identification Number shall be conclusive drawal, payment or transfer from the Nominated proof .that the Account Holder has initiated and 'Account/s exceeding the credit balance therein authorised the transactions which have resulted in IHgHK, unless in accordance with an arrangement such entries. _ applicable to the Nominated Account/s. 12. Exclusion of Bank's and Savings Bank s Liability 6. Late Transactions Neither the Bank nor the Savings Bank shall be mHHK , Transactions made after 3 p.m. on any day may at liable in any way if: the option of the Bank be processed to the (a) the Card or any Terminal or any mechanical \ Nominated Account/s under date of the next or electronic or other component of the business day. EFT-POS system fails to operate or 7. Restriction on Number of Withdrawals and - malfunctions so that it is not possible for Transfers the Account Holder to effeci a cash withdrawal. BUR .. Withdrawals and transfers from the Nominated payment, transfer or POS transaction or obtain Account/s may be limited by the Bank to a any other service made available by the maximum total amount over any specified period. Bank or Savings Bank in respect of the 8. Deposits Card; In the case of the depository facility offered to the <b) any Merchant refuses to allow or imposes any Account Holder:- conditions whatsoever on the withdrawal of I. Definitions (a)the Card may be used only for the purpose cash by the Account Holder through any In these conditions: of placing in the depository, enclosed in machine installed at the Merchant’s premises; “Account Holder” means the person or persons in a suitable sealed envelope, items (excluding (c) any Merchant refuses to accept a Card in whose name the Nominated Account/s is/are held coins) for credit to such account or payment of goods or services provided by the and, in the case of a joint account, any such accounts with the Bank, the Savings Bank Merchant; . , person; or any other bank as may be notified by (d) there is any defect or deficiency in any goods or “the Bank” means Bank of New Zealand and its the Bank from time to time, cheque book services provided by any Merchant against use successors and assigns; requests and letters to any branch of the of the Card by the Account Holder; "Card” means the BNZ Autobank Card currently Bank; (e) the Account Holder has any claim against or issued to an Account Holder for use on the (b) the liability of the Bank or Savings Bank as dispute with any Merchant in respect of any Nominated Account/s and any other card fron; recipient of cash and collecting banker shall not goods or services provided by any Merchant time to time approved by the Bank for use on the arise until the deposit envelope has been opened against use of the Card by the Account Holder; Nominated Account/s; and the contents accepted in the ordinary (0 any Merchant fails to give the Account Holder “EFT-POS” means the Electronic Funds Transfer- course of business and prior to that the sole a receipt in respect of any POS transaction; Point of Sale system whereby Account Holders responsibility of the Bank or the Savings Bank (g) the Account Holder suffers any loss as a result may effect transactions on Nominated Accounts will be for safe custody; of the use of the Card by any person other than through the use of Cards;. (c) all deposits are accepted subject to later the Account Holder (except where the Bank has “Merchant” means a person or company who or verification by the Bank or Savings Bank and received notification pursuant to clause 11 which has signed and remains bound by an the Bank’s count shall be deemed conclusive .. M . agreement with any trading bank governing the and any discrepancy between the amount 13. No Use Outside New Zealand acceptance of Cards in EFT-POS transactions; actually deposited and the amount appearing The Account Holder will not use the Card outside “Nominated Account/s” means the account/s with on the deposit slip may be corrected by the New Zealand, the Bank in the name of the Account Holder which Bank by altering the amount appearing on the 14. Additional Card are approved by the Bank for access by use of the deposit slip; The Account Holder hereby, authorises the Bank 10 Card and which shall have been nominated by the (d) no Account Holder may draw against any re-issue Cards from time to lime for use hereunder Account Holder in the application for the Card or cheques, bills, or orders so deposited until they and in the case of a joint account to issue to the ' from time to time by notice in writing to the Bank; have been cleared in the ordinary course of Account Holder any additional Card as may be “POS transaction” means the use of the Card (in business unless the Bank or the Savings Bank requested by the Account Holder for use against conjunction with a reference to the Personal otherwise agrees. the Nominated Account/s. Identification Number) to pay for goods or 9. Personal Identification Number 15. Card Property of Bank services obtained from a Merchant; The Account Holder will either be allocated and The Card remains the property of the Bank at all “Savings Bank” means Bank of New Zealand advised of, or be advised that he can choose for times and may be retained by the Bank at any time Savings Bank Limited; himself, a Personal Identification Number which and will be returned by the Account Holder on the •“Terminal” means any Automatic Teller Machine, he will have to refer to each time he effects a request of the Bank. The Account Holder may at Teller’s Terminal, EFT-POS Terminal or any other transaction against the Card. If the Account any time without notice terminate this agreement electronic machine or terminal from time to time Holder wishes to change his Personal Identification as to the use of the Card by surrendering the Card specified by the Bank through which transactions Number he can approach any branch of the Bank to the Bank. The Bank may cancel the Card any may be made on the Nominated Account/s. which will if possible allow him to do so. The time without notice or refuse to re-issue, renew or Signing Card Account Holder will exercise every possible care to replace any Card. The termination of this The Account Holder will immediately upon ensure the safety of the Card and to prevent its loss agreement or the cancellation of any Card will not receiving the Card sign it in the panel provided. or the disclosure of his Personal Identification affect the Account Holder s liability arising from Nominated Account/s Number to any unauthorised person. The Account the use of the Card prior to termination or The Nominated Account/s may be altered with the Holder will keep any record of the Personal cancellation. approval of the Bank by notification from the Identification Number entirely separate from the 16. Joint and Several Liability Account Holder in writing. The Nominated Card. The Account Holder will have no claim In the case of a joint account the liability of the Account/s will be the only Account/s available for against the Bank or the Savings Bank and will be Account Holders shall be joint and several, access by use of the Card. liable to the relevant Bank in respect of any 17. Bank May Vary these Conditions Use of Card transaction arising from a breach of this clause. The Bank may at any time vary these conditions of The Card may only be used by the Account Holder 10. Loss of Card use. Publication of the variation by such means as to obtain the services from time to time made If the Card is lost or stolen or if the Personal the Bank may select shall constitute effective notice available by the Bank or Savings Bank in respect of Identification Number is accidentally disclosed to to each Account Holder. The Bank may at any time the Card (including, but not limited to, POS an unauthorised person, the Account Holder must without notice add to, modify or withdraw any or transactions and any other transactions effected immediately notify any office of the Bank in all of the services available in respect of the Card, through Terminals). person or by telephone. Any such notification must . 18. Bank's Charges Authority to Debit Nominated Accounl/s be confirmed to the Bank in writing within seven The Bank may charge for the issue or re-issue of The Account Holder hereby irrevocably orders the days. Until the Bank has received such personal or the Card and for any transactions effected by use Bank to debit the Nominated Account/s with: telephone notification the Account Holder will of the Card and the Account Holder agrees to pay (a) the amount of all cash withdrawals, payments remain liable for any transactions effected against such charges, which may be debited by the Bank to and transfers effected against the use of the the lost or stolen Card. After such notification to the Nominated Account/s. Card; the Bank the Account Holder’s liability for 19. BNZ VISA Account (b) all fees and interest payable pursuant to the subsequent transactions effected against the lost or Where the Bank has approved as a Nominated terms applicable to the Nominated Account/s; stolen Card shall cease. The Account Holder will Account a Bank of New Zealand VISA account (c) all statutory levies or charges payable in respect give the Bank all available information as to the operated by the Account Holder, these Terms and of transactions made using the Card. circumstances of the loss or theft of the Card or Conditions shall apply to all transactions involving The Account Holder hereby irrevocably orders the disclosure of the Personal Identification Number the use of the Card on such VISA account and it is Bank to debit the Nominated Account/s with the and the Bank is authorised to inform the Police hereby acknowledged by the Account Holder that amount of every POS transaction and to credit that and give them such information as they may such VISA account may be accessed by the use of amount to the account of the Merchant or any require. the Card only for such transactions as deposits, other person nominated by the Merchant. IL Conclusive Proof cash withdrawals and transfers pf funds and that The Account Holder will be liable for any Entries appearing in the Nominated Account/s such VISA account may not be accessed by the use overdraft created by all such debits and any interest before the Bank has received notification of loss or of the Card for POS transactions. or fees payable in respect thereof and shall not theft of the Card or the accidental disclosure of the If you require any further information please do not hesitate to write to the Senior Manager — Group Marketing, Bank of New Zealand, Freepost 267. £££ Bank of New Zealand