The 11 AM Account is a funds at call deposit account with money market interest rates for personal, business customers and charitable and not for profit organisations.
Interest is calculated on a daily basis and paid monthly to a nominated account or compounded
- Interest rates are set daily and are subject to market fluctuations
- Minimum account balance is $50,000 and minimum transaction size is $25,000
- The preferred minimum term for lodgement is 7 days.
Account Opening Requirement
To open an 11AM account you will need to fill in a Business New Account Opening Form and provide valid identification such as:
- Current Passport
- Birth Certificate
- Current Drivers Licence
- Marriage Certificate
- Citizenship Certificate
- Acceptable referees to BSP, etc.
Please view our Business Account Brochure for more information.
You must also be aware of: