[Busmanagers] Changing Bank Account

Benoy, Helen C benoy.helen.c at edumail.vic.gov.au
Thu Nov 16 14:09:48 EST 2006


Imelda,

We changed over to MECU for our official account recently - same issues
as others re EMA cheques and bank reconciliations - also they do not yet
offer EFTPOS and direct bank facilities for payroll - but otherwise
still worth the effort. Their Term Deposit rate is now 6.5% - the
National will only offer 5.7% plus our Official account receives
interest at 5.95%

 

Helen Benoy

 

Business Manager

Leongatha Secondary College

PB 1 

LEONGATHA 3953

Ph:  03 5662 4333

Fax: 03 5662 2155

________________________________

From: busmanagers-bounces at edulists.com.au
[mailto:busmanagers-bounces at edulists.com.au] On Behalf Of Kavanagh,
Imelda T
Sent: Thursday, 16 November 2006 1:06 PM
To: Business Managers' Mailing List
Subject: [Busmanagers] Changing Bank Account

 

Hi everyone,

 

I would like to change our Official Account from the Bendigo Bank due to
the bank fees etc.

 

So far I like meuc for their total lack of bank fees, competitive
merchant rate, commitment to the BM Association and schools.

 

I already have an investment account with them but what I would like to
know is whether anyone uses them for their Official account.

 

Also, does anyone have some sort of checklist for the procedures
involved with changing Banks.

 

Regards Imelda

Wattleview Primary School

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