Volt Limited (formerly known as Volt Bank Limited) (Volt) has decided to exit its banking business, and no longer holds any customer deposits.
Where instructions were received from customers, Volt has returned their deposits as directed.
A small number of customers did not give Volt directions, and these deposits have been transferred to National Australia Bank Limited (NAB). These customers can elect to leave their funds there or transfer them to another bank of their choice. Customers seeking more information about deposits transferred to NAB, should contact NAB on 1300 144 661 or, if dialling internationally, +61 2 9692 3150.
The Australian Prudential Regulation Authority (APRA) has publicly noted that Volt has completed the process of returning deposits to its customers. Volt has returned its banking licence and has received all necessary regulatory approvals to do so.
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Volt Corporation Limited ACN 622 084 959
Volt Limited ACN 622 375 722