Friday, 6 December 2013

Dear Westpac

Today I'm writing to Westpac Zealand Limited, to let them know they Things they are doing are losing them business, my business.
I'm not he only one hundreds of Wespac NZ customer wrote them this week. to seend a clear that their investment int the Coal mining company that is about mine a world heritage site with unique species is unacceptable to its customers.
In my case is is not the only issue that makes them less than ideal to deal with, so as soon as I don't have to, I wont.

6 December 2013

Attn: Peter Clare - Chief Executive Officer

Westpac New Zealand Limited
Level 1, 16 Takutai Square

Dear Peter,
    having banked with Westpac New Zealand Ltd for over 20years, and enjoyed low fees Elect account. And a consistent and reliable service, Over time I have myself being increasingly troubled by features of the bank are somewhat less attractive.
  1. Funding of catastrophic climate change investment invest in old-carbon extractive industry projects. Including but not limited to proposed Denniston Plateau which appears to me be a worthy natural world heritage site.
  2. The extraction of Billions dollars of New Zealand's money supply expatriated to offshore parent companies.
  3. Not allowing customers like myself to choose a higher minimum payment rate on our credit cards and not allowing me to shift to a cheaper credit card product without first changing banks.
  4. I also share the concerns of many that certain large banks exploit derivatives markets, to the cost of the productive economy on which the vast majority depend for their livelihood and any hope of a descent life in which people can meet basic needs of food and accommodation, educate themselves and their children, enjoy leisure time, save for retirement and contribute to their communities.
At this, point I no longer feel that I want to continue doing business with Westpac any longer than I have to. At this point that period appears to be at most year, after that you may not see my account for dust.
Yours sincerely,

A Concerned Customer

UPDATE 7 Dec 2013

It appears Westpac may be missing the message here. I found this at the Newtown branch office in Wellington. Seriously Westpac, what I many others have been saying over the last week is don't be evil. At least Google knows "don't be evil" is a good idea enough to at least say it, even if they ignore it by joining the American Legislative Exchange Counsel (speed dating for corporations who want to game the system and legislators who want to let them).

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