The New Zealand arm of Oz bank WestPac is poised to launch an app for the Sony SmartWatch, enabling customers to check their balances from their wrists.
The smartwatch offering is based on WestPac's Cash Tank app, which lets users check their balances without authentication. Other features, such as account alerts and money transfers between accounts, are also being worked on.
Initially, the app will only work with Sony's Android-linked watch but the bank says it plans to add other devices in the future.
In a statement to local press, Westpac's head of digital Simon Pomeroy, says: "This development offers unrivalled convenience for customers and helps answer the most frequently asked question in banking, 'What's my balance?' at the touch of their wrist."
The smartwatch craze has been gathering momentum in recent months thanks to the launch of the Samsung Galaxy Gear and the Pebble, as well as persistent rumours that giants such as Apple and Google will enter the fray.
Recently, Australia's St George Bank - owned by WestPac - revealed that it too has built a smartwatch app prototype which lets customers check account balances.