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Enjoy the flexibility of being able to move funds and take advantage of favourable interest rates and movements in exchange rates with a NAB Call Deposit Account.
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(Click to download our application forms)
You can also email us or contact our Partners for more details.
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Eligibility and Benefits
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Eligibility
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- Individuals aged 21 and above
- Both profit seeking and non-profit seeking organizations
- Minimum initial deposit amount in a single currency: USD5,000 or equivalent
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Benefits and Features
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- Enjoy the convenience of being able to credit funds received from other sources into your account
- You can establish your call deposit in any of the following currencies: US Dollars (USD), Australian Dollars (AUD), New Zealand Dollars (NZD), Pounds Sterling (GBP), Hong Kong Dollars (HKD), Canadian Dollars (CAD), Japanese Yen (JPY), Swiss Francs (CHF), Euros (EUR)^
- Call deposits are interest bearing^^
- Finance is also available through a loan (Cash-backed Loan) secured by your Call Deposit Account
- Call Deposit Account statements are sent on a regular basis
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^The currencies we accept can change from time to time. ^^The Bank reserve the right not to pay you interest if the balance in your Call Deposit Account falls below USD5,000 or equivalent at any time. There is no interest payable on a Japanese Yen Call Deposit Account
Fees & Charges
View our Fees & Charges
A monthly maintenance fee is payable for each Call Deposit Account
View the Terms and Conditions for Deposits Accounts
View the General Information for Deposits Accounts
Important information: Earnings on foreign currency deposits are dependent on foreign exchange rates prevailing at the time of maturity of the deposit. Adverse exchange rate movement may erase interest earnings completely or cause loss of principal relative to your home currency
Any transaction relating to your Deposit Account involves certain risks, including exchange rate risk if it involves converting one currency to another currency. These risks include fluctuation of exchange rates, non-availability of foreign exchange, exchange control, and adverse market conditions or disruptions. You can be exposed to this risk when making deposits which involve currency conversion, or when making withdrawals which involve currency conversion. Our minimum amounts for deposits and account balances may also expose you to similar risks where movements in foreign exchange rates change those minimum amounts which are usually expressed in US Dollars.
National Australia Bank Limited, Singapore. UEN. S81FC2979B.
National Australia Bank Limited ABN 12 004 044 937 is incorporated in Australia
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