1 March 2021
This is the version of the Banking Code of Practice that took effect on 1 March 2021, a variation of the 1 March 2020 Release. It has now been superseded.
This version of the code has been replaced by the October 5 2021 Version.
Latest news
eo&e Chris Bath (Host): Now, I had no idea this is a thing. Australians are renting or selling their bank accounts so crooks can cash in. It’s called being a money mule. Anna Bligh is the CEO of the Australian Banking Association, and she’s here to tell you all about it. Anna, thank you very… Read more »
EO&E Paul Turton: Have you ever heard of the scamming practice of crooks renting or buying bank accounts from normal citizens to move money in and out? Well, it’s a thing, apparently, and it’s prompted a joint campaign by the Australian Federal Police and the Australian Banking Association. They’re called money mules, and they’re known… Read more »
This is a joint media release between the Australian Federal Police and the Australian Banking Association. Australian money mules renting out their bank accounts to criminals for as little as $200 are in the crosshairs of the AFP and the Australian Banking Association. Police and banks have stepped up their efforts to curb this criminality,… Read more »