Banking on shopping

By Linda Sanders In Money

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20th December, 2012
In these days of electronic banking, your account number is yet another set of digits you may have committed to memory. They are not as simple to remember as a phone or pin number – recalling around 15 digits in sequence is about as easy as memorising New Zealand’s longest place name, although someone I met over pre-Christmas drinks had that as a party trick. Those numbers are unique to your account, but the first few digits also identify your bank – for example, 01 for ANZ and 12 for ASB. So if you bank with a building society or credit union, you might wonder why the first two digits ...

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