|
Institution |
Product Name |
Tier |
Interest Rates (days) |
Early Withdrawal Penalties |
 |
| Min |
Max |
30 |
60 |
90 |
120 |
150 |
180 |
270 |
| RaboBank |
FMD - Short Term deposit
|
$1,000
|
$24,999
|
6.35
|
6.60
|
6.60
|
7.15
|
6.55
|
7.10
|
6.45
|
Withdrawal Requests must be in writing, If Rabobank agrees to the early termination, a break cost on the part terminated may be deducted from the depositor and / or interest. Break costs increase in line with increases in the following : Interest rates / the amount withdrawn / and the market margin. Further information is available on request :Example : ( Illustration only ) $10,000 -2 year deposit with an interest rate of 5.00% PA, payable annual, broken after 1 year when interest on a 1 year term deposit, with payable annual int is 6.00% pa . Break cost payable the depositor is approx $103.68.
|
|
| RaboBank |
FMD - Short Term Deposit
|
$25,000
|
$74,999
|
6.35
|
6.65
|
6.65
|
7.15
|
6.60
|
7.10
|
6.50
|
Withdrawal Requests must be in writing, If Rabobank agrees to the early termination, a break cost on the part terminated may be deducted from the depositor and / or interest. Break costs increase in line with increases in the following : Interest rates / the amount withdrawn / and the market margin. Further information is available on request :Example : ( Illustration only ) $10,000 -2 year deposit with an interest rate of 5.00% PA, payable annual, broken after 1 year when interest on a 1 year term deposit, with payable annual int is 6.00% pa . Break cost payable the depositor is approx $103.68.
|
|
| RaboBank |
FMD - Short Term Deposit
|
$75,000
|
$400,000
|
6.35
|
6.70
|
6.70
|
7.15
|
6.65
|
7.10
|
6.55
|
Withdrawal Requests must be in writing, If Rabobank agrees to the early termination, a break cost on the part terminated may be deducted from the depositor and / or interest. Break costs increase in line with increases in the following : Interest rates / the amount withdrawn / and the market margin. Further information is available on request :Example : ( Illustration only ) $10,000 -2 year deposit with an interest rate of 5.00% PA, payable annual, broken after 1 year when interest on a 1 year term deposit, with payable annual int is 6.00% pa . Break cost payable the depositor is approx $103.68.
|
|
| Commonwealth Bank |
Farm Management Deposit - Short Term
|
$5,000
|
$99,999
|
|
|
6.20
|
|
|
6.70
|
6.70
|
A prepayment interest adjustment will apply. A prepayment administration fee may also apply.
|
|
|
