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Old 08-03-2006, 08:23 AM
Taffy
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Default Are NZ Banks Insured?

I very much doubt there is enough money in any one branch to seriously affect anyones funds if such a robbery were to occur. In fact, even in the busiest branch in Auckland, I doubt they even hold as much cash as they spend on advertising in a year.

I expect if a bank did have difficulty, that the govt would help with funds from the crisis managment money they hold.
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