Statement Account
An account with a convenient blend of access and convenience.
Category: Transaction & Savings Accounts Last Updated June 11, 2025 Effective June 3, 2026
General Lending Rates
No product information is currently listed. Please make contact with us for more information.
Product Features
- Other Additional Information: Minimum opening deposit $1
- Other Additional Information: Interest paid on balances of $2,000 and over.
- Other Additional Information: Interest is calculated daily & paid monthly.
- Other Additional Information: Statements are supplied quarterly.
- Card Access
- Other Additional Information: Available in other selected currencies.
- Digital Banking Additional Information: Access via our internet banking service abal.online
- Free Txns Additional Information: A maximum of 5 free Over the Counter transactions and unlimited free EFTPOS transactions per month.
Product Eligibility
- Other Additional Information: Any individuals, available only for private or domestic use and cannot be used for business purposes. Minimum opening deposit AUD$1. Successful completion of applicable Arab Bank Australia Limited (ABAL) identification check requirements. For Visa Debit Cards: Customers must be over the age of 16 and have an Australian residential address. Customers under 18 years of age but over 16 years of age must have a parent/guardian as a joint account holder to obtain a Visa Debit Card.
Bank Fees and Charges
- Monthly Account Keeping Fee (Event), Amount: 6.00. Additional Information: Account keeping fee waived for those customers in receipt of a Government pension, and customers with student ID cards.
- Over The Counter Fee (Transaction), Amount: 2.00. Additional Information: It includes a maximum of 5 free Over the Counter transactions and unlimited free EFTPOS transactions per month. Over the Counter fee waived for those customers in receipt of a Government Concession cards.
Limitations & Restrictions (Constraints)
- Opening Balance of 1.00 Additional Information: $0 minimum opening balance for customers in receipt of Government concession cards.








