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Our Terms and Conditions for Savings Accounts and Payment Services have been updated

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Thursday, 6 May 2021

We have made a few changes to our Terms and Conditions for Savings Accounts and Payment Services.

These changes have been made is response to recent amendments to the Fair Trading Act 1987 (NSW) (the FTA).

The amendments to the FTA require us to ensure that customers are aware of the substance and effect of important parts of our terms and conditions.

We haven’t added any new clauses to our Terms and Conditions for Savings Accounts and Payment Services. We have just summarised important clauses in text boxes so that the document is easier to understand and that customers are aware of what rights Qudos Bank has with respect to their accounts. An example is included below:

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