Bumptious final solution?

Once again the consumer public has been dealt another discriminatory and unethical blow from a bumptious policy. ANZ has just cemented an unofficial policy into regulation -- to our detriment.

Below are direct quotes from ANZ's reply to me dated Aug. 8, 2002, regarding its official policy concerning acceptance of foreign currency.

" ... (ANZ) has advised all banks operating in Indonesia, including both foreign and local banks, it will only accept foreign currency notes, in particular U.S. dollar currency, in perfect condition .... "

These are Grade 1 in a universally accepted scale of 10 on currency notes, i.e. Crisp Uncirculated.

" ... (ANZ) advises in relation to your visits to their branch, the U.S. dollar notes presented were folded, which as detailed above is not in accordance with their policy of only accepting U.S. dollar notes in perfect condition .... "

My notes were of a Grade 2 condition.

" ... By way of background, branches in Australia are instructed not to accept foreign currency notes which are torn, mutilated or have any form of adhesive tape on them .... " This refers to Grade 6 currency notes, i.e. Fine.

As the community here is attempting to rid this country of unfair practices, they have the impudence to take a big step backward.

BRIEN DOYLE

bfdlaw2002@yahoo.com

Jakarta