Charlotte Penel

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  • Researcher on competition in the financial sector at the Centre for International Finance and Regulation and UNSW, UNSW
Enabling consumers to keep their bank account numbers when switching institutions will encourage greater competition. AAP Image/Dan Peled

How changing our bank account numbering system will be a win for customers

Rob Nicholls, Swinburne University of Technology and Charlotte Penel, UNSW

It’s a pain to change mobile providers, but at least keeping your number is easy. It’s much more of a pain to change banks and much of that pain is because we have to change bank account numbers. Why don’t…

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