Deal Benefits Travellers

November 13, 2015

BANKING institutions in the country are competing against each other in this era but a collaboration between two banks will mean efficient services to travelers at the Nadi International Airport from Monday.

Westpac and HFC banks yesterday signed an agreement following a successful win of the tender for foreign exchange retail concession, including construction, installation and operation of the services at the airport.

The service will have a full retail branch at the international arrivals commercial concourse, foreign exchange booths in the international arrivals baggage hall and an additional foreign exchange booths in the international departure lounge.

Westpac Fiji general manager Adrian Hughes said the bank would jointly finance the designs with HFC Bank and share the revenue.

Mr Hughes said Westpac’s retail presence at the airport would be Westpac-branded, operate on Westpac systems and platforms and managed by the bank’s local employees.

“We were pleased to submit this tender in partnership with HFC Bank, combining Westpac Fiji’s strength, size and expertise with HFC Bank’s reach as a bank that’s 100 per cent owned by Fijian people,” he said.

“We’re also pleased that customers will have the comfort of Westpac’s worldwide acceptance of international cards including China Union pay,” he said.

HFC Bank chief executive officer Isikeli Tikoduadua said they were proud and honoured to partner with Westpac.

“This joint venture is an excellent example of collaboration between two banks, sharing a common goal of delivering superior banking services to its customers,” he said.

He said the investment would give a sure return for HFC Bank’s shareholders.

SOURCE: Fiji Times