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Internet Banking Savings Account S17

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Savings Account With No PassBook.

Special Savings account holders enjoy a higher interest rate and even lower fees.

  • Funds available on demand
  • No withdrawal fees
  • 1 free transactions at other branches where prior arrangements made, otherwise small charge
  • Interest is tax-free up to $900 per year

2% pa1
interest rate

Internet Banking Saving Account S17
Features
Minimum balanceNil
Service feeFree
Maintenance fees$2 per quarter
Over the counter withdraw feeFree
Number of free withdrawalsUnlimited
Dormancy fee$2.50 monthly charge when account inactive over 1 year until account becomes nil balance or become active again.
Minimum depositNil
Minimum withdrawal$10
Withdrawal feesFree
Automatic deductionsNil
Interest IncomeCalculated monthly, paid annually, only on balances more than $100. 


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  Automatic deduction from savings accounts
  • Customer can authorise automatic deductions from saving accounts for TDB loan account.
  • PPAs or deduction to accounts at WBOT, ANZ or MBF Bank.
  • No fee charged when insufficient funds in account to make the payments.
  • Must always ensure that there is sufficient fund in the Savings Pass Book and Accounts.

1. No interest on balances below $200.00