Smart Deposit Atms

#1

Does BNZ have any plans to introduce 24/7 smart deposit ATMs? This is the only feature I feel BNZ doesnt have against the big guys like Westpac and ANZ. I would love it if cash note deposits would clear instantly into my account. 

I also understand banks are doing to reduce reliance on stores and branches. I know BNZ does envelope despoit on some ATMs but last time I did this it took 3 days to clear and was only cash notes.

#2

Hi Tim, funny you should mention Smart Deposit now because we are piloting this on a handful of ATMs in March. All going well we expect to add cheques, so customers can bank both notes and cheques in a single transaction (cheques are still subject to a 2 business day clearance) and start a wider roll-out from the middle of this year.