There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.

A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services.

The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking.

Chief executive Catherine McGrath says it matches a UK offering, with specific features.

"The don't have overdrafts, the types of transactions can be a bit restricted."

LISTEN ABOVE

There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.
A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services.
The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking.
Chief executive Catherine McGrath says it matches a UK offering, with specific features.
"The don't have overdrafts, the types of transactions can be a bit restricted."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Catherine McGrath: Westpac chief executive on the bank's plan to launch new 'basic' bank accounts

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/26b2db79-dabe-4762-9e76-b26c003e1ba4/transcript