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Port Moresby
September 21, 2021
Business Finance News Papua New Guinea

Kina bank launch fee free account

Kina Bank has announced the launch of a new fee free transaction account called Kina Everyday.

This account ensures, that there will be no eftpos or monthly account account maintenance fees.

In trying to make banking more affordable for Papua New Guineans, Kina bank believes that through this initiative, members will be able to save more money and control their finances better.

“We want to take banking back to basics with better customer service and no unnecessary fee gouging. We think this is morally and ethically the right strategy,” said Greg Pawson, CEO.

“We want to continue this trend in 2021. With the additional scale, customers and footprint of the proposed acquisition of Westpac’s Pacific businesses, we will be able to introduce further fee free options, making banking affordable for everyone”

Customers can open a Kina Everyday transaction account with just K10. This account also enables the customer to be eligible for a visa debit card and have access to their Everyday banking account digitally via kina Konnect and internet banking.

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