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  1. #1
    Join Date
    Oct 2002
    Location
    NSW
    Posts
    0

    Exclamation New (impossible) banking T&Cs !

    Just received a flyer from St. George re: Anti-Money Laundering and Counter-Terrorism Financing Legislation.

    The bit that got my goat is:

    "1. You warrant that your use of the services we provide will not breach any law of Australia or any other country."

    Surely this is impossible to comply with!
    I don't know every Australian law, and I'm sure there are plenty of examples where something which is legal in Australia is illegal in some country somewhere in the world.

    What if I withdraw money from a St. George ATM, and use it to buy my wife a vodka cruiser? I'm guessing buying alcohol in public and/or giving it to a female may well be very illegal in some of the stricter middle east countries.

    I'm stunned at the moment - hopefully I'll have some more coherent thoughts about this soon.

    gobsmacked,
    Andrew

  2. #2
    Join Date
    Sep 2007
    Location
    Hervey Bay
    Posts
    0

    Default

    Terms and conditions are enforceable only as far as they comply with the law. Stating something in T &C does not make it legal.

    Companies often use this type of thing to intimidate customers.

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