ANZ first bank to offer earthquake package

ANZ has rolled out a financial assistance package for customers impacted by the recent earthquakes in North Canterbury.

The package includes:

• the option to apply for short term funding through temporary overdraft facilities or provide temporary adjustments to lending limits to assist with unexpected costs;
• Provide hardship assistance for home lending which may include no payments for up to three months;
• Waive application fees associated with restructuring business and farm loans;
• Waive minimum merchant service fees for businesses with significantly reduced or no transaction volumes processed over EFTPOS/credit card terminals; and
• Provide early access to term deposits.