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Westpac offers relief options to customers affected by virus

Westpac New Zealand is offering support to customers financially affected by the global outbreak of coronavirus.

The relief package features a range of possible support options for both business and personal customers.

Westpac NZ general manager of commercial, corporate and institutional banking, Simon Power, says the disruption to travel and trade caused by coronavirus has affected a range of New Zealand businesses.

“The outbreak has caused a lot of uncertainty in some industries and it’s unclear when business might resume as normal,” says Simon.

“We want our customers in logging, tourism and other affected sectors to know that there is a range of ways we can support them through this period.

“Some personal customers may also be financially affected and they should talk to us about their situation."

These may include a temporary overdraft facility, suspension of principal loan payments for up to three months and deferred payment on business credit cards for up to three months.

Customers requiring access to term deposit funds should also get in touch to discuss options.

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