11 AM Account

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.