Australia: NAB celebrates games with M2006 Cash Passport

Stocks and Financial Services Press Releases Tuesday December 13, 2005 09:51
The National Australia Bank (NAB) today launched the commemorative NAB M2006 Cash Passport, which is set to be the most practical collector's item of the Melbourne Commonwealth Games.

NAB Chief Operating Officer, Business and Private, Bruce Munro said the NAB M2006 Cash Passport will not only be a fully functional, pre-paid travel money card with PIN protection, but also a limited-edition keepsake from Melbourne's biggest-ever event.

"The NAB M2006 Cash Passport will reduce the need for card holders to carry large amounts of cash in their pockets during Games time, which we all know can be risky. This will be a safer way for people to get around during such a busy period, without forgoing the convenience of instant cash. Cardholders have access to local currency from VISA and PLUS ATMs 24 hours a day, 7 days a week.

"And with only 3000 NAB M2006 Cash Passports on sale, it is going to be a sought after memento for travelers, athletes and Melburnians alike. It can be loaded with Australian dollars at the cardholder's convenience in any of our branches. Cash Passport is also reloadable by using BPAY or simply visiting one of our branches (via phone or internet banking) Mr Munro said.

The NAB was the first major bank to offer the Cash Passport in Australia, and since launching the product in October this year, over 700 cards have been sold in the available currencies – British Pound, Euro, Australian Dollar and US Dollar.

The NAB M2006 Cash Passport is a special edition product the bank has developed as part of its partnership with the M2006 Games. This special edition Cash Passport Card will only be available in Australian Dollars.

"The NAB is proud to contribute to the biggest event Melbourne has ever staged and the NAB M2006 Cash Passport is part of our program to make the Games a memorable and enjoyable experience for all of our customers," Mr Munro said.

The Cash Passport, a world first in travel money, was launched by Travelex in August 2002, as an enhancement to the Visa TravelMoney card that had been in the market since 1997.
Travelex Managing Director Australasia, Martin Crawford said the NAB took a leading position among the major banks in the travel money market with the NAB M2006 Cash Passport.
The NAB M2006 Cash Passport goes on sale today in all major CBD branches nationally and other selected branches very close to where Games events are being held. (December 13 2005)--

Latest Press Release

Fitch Affirms Standard Chartered Bank (Thai) at #A-#; Outlook Stable

Fitch Ratings has affirmed Standard Chartered Bank (Thai) Public Company Limited's (SCBT) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'A-' with a Stable Outlook. At the same time, the agency has affirmed SCBT's National...

Photo Release: KBank recognized as having the highest corporate brand value in the banking business category 2nd consecutive year

At Sukree Kaewcharoen Auditorium, the Stock Exchange of Thailand (SET), Ms. Kattiya Indaravijaya, KBank President, recently represented KBank to receive the "Thailand's Top Corporate Brand Values 2018" award in the banking business category from...

MicroBitcoin Open Source Community เซ็นสัญญากับสมาพันธ์แรงงานในเกาหลี เปิดโอกาสให้แรงงาน 1.5 ล้านคนได้ใช้เงินดิจิทัล

MicroBitcoin Open Source Community เซ็นสัญญากับสมาพันธ์แรงงาน Korea Association of Care Workers (KACW) เพื่อนำสกุลเงินดิจิทัล MicroBitcoin มาใช้ สัญญานี้ลงนามร่วมกันสามฝ่าย ได้แก่ MicroBitcoin Open Source Community, KACW และ Bluequotient...

MicroBitcoin Open Source Community Signs an Exclusive Contract with the Korea Association of Care Workers (KACW) to Expand its Usability to One and a Half Million Users

The MicroBitcoin Open Source Community has signed a contract with Korea Association of Care Workers (KACW) to adapt the MicroBitcoin blockchain network protocol. The trilateral contract was made between the MicroBitcoin Open Source Community, the Korea...

WICE establishes a joint-venture, EUROASIA TOTAL LOGISTICS, with its holding 40% of shares to provide cross-border transport services between China, Hong Kong

WICE establishes a joint-venture, "EUROASIA TOTAL LOGISTICS", with its holding 40% of shares to provide cross-border transport services between China, Hong Kong, and South East Asia with the expectation to achieve the first year's revenue at 200 million...

Related Topics