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BankWest expands ATM network through Flight Centre outlets

17 March 2008

 

Customer champion BankWest and Flight Centre Limited (FLT) today announced BankWest ATMs would be installed in more than 100 of FLT's shops across Australia over the next year.

The ATMs will be installed in front windows/walls of Flight Centre, Escape Travel and Student Flights shops and target high street locations, giving availability 24/7 in high footfall locations.

The partnership between BankWest and Flight Centre strengthens the bank's current 359 ATM outlets in 7-Eleven stores across the Eastern seaboard and brings its total ATM fleet to more than 700, while providing FLT customers with added convenience.

BankWest Chief Executive - Retail, Ian Corfield said the partnership was another innovative strategy BankWest had adopted to increase its ATM network across Australia.

"We already have a strong network in Western Australia but we need to significantly grow our east coast network in the next three to four years alongside our retail store expansion," Mr Corfield said.

"It's a challenge securing ATM locations in a mature market so teaming up with Flight Centre is an innovative way to overcome this. It also offers BankWest representation in rural areas, South Australia and the Northern Territory where we have no branded transactional capability."

"This partnership, alongside our 7-Eleven ATM network, is key to increasing our customers' transactional capabilities as we grow our customer base on the east coast," he said.

"This partnership demonstrates both companies' commitment to innovatively meet the needs of today's busy consumer," Flight Centre Marketing General Manager Mr Colin Bowman said.  "Use of the ATMs will give added convenience to Flight Centre customers and may also increase foot traffic through increased awareness of our instore campaigns."

BankWest will also be extending its existing relationship with the First Data owned, Cashcard ATM network for the supply and servicing of these devices.

Rollout will commence in quarter three, 2008 and comes off the back of BankWest's announcement of its assault on the Australian banking industry with the roll-out of more than 160 major new retail and commercial banking centres over the next three years.

-Ends-

About Flight Centre

Flight Centre Limited is Australia's leading travel agency group and has a network of more than 1500 shops and businesses in 10 countries. Its leisure, corporate, wholesale and online brands include Flight Centre, Escape Travel, Student Flights, Travel Associates, Flight Centre Travel Money, FCm Travel Solutions, Stage & Screen , Ci Events, Liberty Travel and quickbeds.com.

About BankWest

BankWest is a wholly owned subsidiary of HBOS plc, one of the world's largest financial services groups, with assets of about AUD$800 billion (£380 billion).  BankWest is a full service bank which originated in Western Australia in 1895 and services more than 860,000 customers. Nationally, BankWest promotes a range of products using cost-effective direct and third party distribution channels, including 24-hour telephone and internet services and mortgage brokers.   In WA, BankWest is a market leader with about one quarter of all bank advances and deposits and an extensive network of branches.  Standard & Poors short-term credit rating for BankWest is "A-1+" and "AA-" for the long term, providing customers with investment grade security.

Media Inquiries:

Bridget Tombleson, Media Relations Manager HBOS Australia, 0407 084 359
bridget.tombleson@hbosa.com.au

Sally-ann Parker, Group Media Relations Manager HBOS Australia, 0439 938 935
sally-ann.parker@hbosa.com.au


Out-of-hours media calls: 1300 785 070

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