branches: Directly taking on the big four, 86 400 is different, there are no branches, according to Nine News Australia. Named after the number of seconds in a day, 86 400 is a digital-only bank, accessible solely on a smartphone. To improve your experience update it outfits shaking up traditional banking By Mimi Becker Reporter7 52pm Sep 13, in the Australian banking sector is heating up, as Australia's first neobank 86 400 launches. They currently offer transaction and savings accounts, with plans to expand to home loans in the coming months. A Current Affair Differentiating themselves from the big four, 86 400 connects accounts from multiple financial institutions to help customers see their full financial situation. Chief executive of 86 400, Robert Bell told A Current Affair, Managing your money shouldn't be so hard, but the simple fact is that staying on top of your finances has become too complex. 86 400 is a neobank - an online-only financial institution.
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