Members are advised of updates to our Account and Access Facilities Terms and Conditions, effective 1 July 2025. For your convenience, we have summarised the most notable changes below:
Entity name change
As part of the merger approval process members approved that the incorporated name will be changed from G&C Mutual Bank Limited to Unity Bank Limited within the first 12 months of the merger taking effect. We have made the decision that the effective date of that change will be 1 July 2025 and our terms and conditions have been updated to reflect this change. This does not affect how you use your account or the services we provide.
Confirmation of Payee
A new section has been added to our terms and conditions with respect to the soon to be implemented Confirmation of Payee. Once live, this service will check if the account name matches the payment details you enter, helping you to make an informed decision before proceeding with a payment. This update is simply to prepare for the upcoming change and does not affect how you currently use your account.
While we have provided an overview of the key changes, we recommend you take the time to read through the updated Account and Access Facilities Terms and Conditions, to familiarise yourself with the changes and understand how they may impact you.
By using your account and access facilities after the date the changes take effect, you agree to the updated terms and conditions applying.
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If you have any questions or concerns, please contact us.
