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NAB Term Deposit Account let you lock-in a competitive interest rate for a fixed period of time. With a range of currencies, time periods and deposit amounts to choose from, you can easily select a Term Deposit Account to suit your individual needs.
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 (Click to download our application forms)
You can also email us or contact our Relationship Managers 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
- Foreign currency: minimum initial deposit amount is USD 20,000 or equivalent
- Singapore dollar: minimum initial deposit amount is SGD 250,000
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Benefits and Features
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- Enjoy financial certainty by locking in a known return for a fixed period
- Invest in a range of currencies (each deposit must be in a single currency) under the umbrella of one Term Deposit Account. The currencies available include: US Dollars (USD), Australian Dollars (AUD), New Zealand Dollars (NZD), Pounds Sterling (GBP), Hong Kong Dollars (HKD), Singapore Dollars (SGD), Canadian Dollars (CAD), Japanese Yen (JPY), Swiss Francs (CHF), Euros (EUR)^
- Convenience, as the interest you earn can be paid directly into other accounts
- Tiered interest rate, so the higher the total amount of all your term deposits in the one Term Deposit Account, the higher the interest rate on each new deposit
- A full range of deposit terms from 7 days to 12 months for you to choose from
- Apply for a loan (Cash-backed Loan) secured by your term deposit, subject to the Bank's normal approval and credit assessment
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^The currencies we accept can change from time to time.
Click here to view our Interest Rates
Fees & Charges
View our Fees & Charges
If you make a withdrawal before maturity, the Bank is entitled to deduct the early withdrawal charges and fees from the your deposit amount.
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. Reg. No. F02979K. National Australia Bank Limited ABN 12 004 044 937 is incorporated in Australia
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