Industry guideline: Financial abuse and family and domestic violence policies

Banks recognise that domestic violence is a serious community issue and it can have a major impact on a person's financial security and wellbeing.

Financial abuse is a form of domestic violence and can include preventing someone from making decisions about their finances or accruing debt in their name.

To help ensure affected customers are supported by their bank, the Australian Bankers' Association has developed a new guideline for banks on dealing with customers who are the victims of domestic violence. It outlines the types of things banks can do to ease the burden on customers.

The guideline also highlights the importance of staff training to identify the potential signs of financial abuse and know how to help a customer.

For more information view the guideline.

What’s new

Landmark reform package
11 Dec 2017
Read the full landmark reform package that will improve consumer outcomes and confidence in mortgage broking, prepared by the Combined Industry Forum.
Download PDF

ABA blog

Here’s why Aussie banks are backing a royal commission
Anna Bligh, Australian Bankers' Association
Read more 6 Dec 2017

Latest tweets