Online Term Deposit (Trust)

Competitive fixed interest with the choice of 1 month to 5 year terms.
Category: Term Deposits  Last Updated May 8, 2026  Effective June 3, 2026

 Product Features

  • Digital Banking Additional Information: Online and mobile banking.
  • Notifications Additional Information: An alert about future events or notifications.

 Product Eligibility

  • Min Age - 18. Additional Information: The applicant must be an individual trustee who is at least 18 years old.
  • Other Additional Information: Product is available only to Trusts, incorporated in Australia, meeting eligibility criteria.
  • Other Additional Information: The Trust must have an Australian bank account in its name with another financial institution.
  • Other Additional Information: All trustees of the Trust must be individuals.
  • Residency Status - All Trustees (maximum Of Three) Of The Trust Must Be Residing In And Tax Residents Of Australia..
  • Residency Status - All Settlors, Appointors And Beneficiaries Of The Trust Must Be Individuals, Residing In And Tax Residents Of Australia..

 Bank Fees and Charges

  • Account Keeping Fee (Periodic), Amount: 0.00.
  • Early Withdrawal Fee (Variable), Amount: Not Listed.. Additional Information: If you would like to withdraw your Term Deposit prior to maturity, you will be required to provide us with at least 31 calendar days' notice and pay an early withdrawal fee unless we determine that you are suffering financial hardship. Please refer to the Terms and Conditions for details.

 Limitations & Restrictions (Constraints)

  • Max Balance of 2000000.00
  • Min Balance of 1000.00
  • Opening Balance of 1000.00