NZ bank payments resume after ANZ glitch as RBNZ monitors situation

Tue, 29 Oct 2013

By Jonathan Underhill Oct. 30 (BusinessDesk) - Payments between New Zealand banks have been restored after a glitch at ANZ New Zealand led to industry-wide disruptions. All of the disrupted files had been exchanged by 7am this morning, said Steve Nichols, chief executive of Payments NZ, which is owned by eight banks and manages four clearing systems that handle some $35 billion a day in transactions. The source of the glitch has yet to be identified, he said. “It started with an ANZ systems issue, they were not able to send/receive files to...

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