Term Deposit
Earn great returns with an IMB Term Deposit. An IMB Term Deposit offers competitive returns for investment terms from 1 month up to 5 years for amounts of $1,000 or more. Term Deposits are a secure way to grow your savings for the future!
Category: Term Deposits Last Updated March 19, 2024 Effective May 3, 2024
Product Features
- Digital Banking Additional Information: Internet Banking and Mobile Banking App.
- Other Additional Information: IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
- Other Additional Information: IMB's Phone Banking Service gives you 24 hour access to your accounts from any touchphone.
- Other Additional Information: IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
Product Eligibility
Bank Fees and Charges
- Special Clearance On Cheques (Event), Amount: 16.00. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Transaction Listing - Electronic - Up To 10 Pages (Event), Amount: 5.00.
- Transaction Listing - Electronic - 10 Pages And Over (Event), Amount: 0.50. Additional Information: Per page
- Interest Statement - Electronic (Event), Amount: 2.50. Additional Information: Per page
- Copy Of Withdrawal Or Deposit Form (Event), Amount: 15.00.
- Recalculation Of Interest (Event), Amount: 30.00. Additional Information: Per page
- Research Fee (Event), Amount: 30.00. Additional Information: Per page
- Retrieval Of Archived Documents (Event), Amount: 20.00. Additional Information: Per page
- Audit Certificate (Event), Amount: 30.00. Additional Information: Per certificate
- Unclaimed Monies/dormant Account (Event), Amount: 40.00. Additional Information: Maximum charge per account
- Bulk Coin Count (Deposit), Amount: 5.00. Additional Information: Maximum charge
- Total Cash Withdrawal Over $2,000 In A Day (Withdrawal), Amount: 4.00. Additional Information: A fee of the higher of $4 or 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.
- Manual Deposit Other Institution (Deposit), Amount: 10.00.
- Cheque Deposit Dishonour Fee (Event), Amount: 10.50. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Trace On Financial Institution Cheque (Event), Amount: 50.00. Additional Information: Charges either wholly or partly imposed by third parties.
- Copy Of Financial Institution Cheque (Event), Amount: 16.00. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Stop Payment Fee (imb Cheques) (Event), Amount: 12.50. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Foreign Cheque Conversion (Deposit), Amount: 25.00. Additional Information: Minimum charge, subject to additional fees and charges. Funds subject to 6-8 weeks clearance. Charges either wholly or partly imposed by third parties.
- Bill For Collection (foreign Cheque With A Value Greater Than Aud$10,000) (Deposit), Amount: 50.00. Additional Information: Minimum charge, subject to additional fees and charges. Funds subject to 6-8 weeks clearance.
- Telegraphic Transfers (Withdrawal), Amount: 51.00. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Foreign Currency Drafts - Purchase (Withdrawal), Amount: 21.00. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Foreign Currency Drafts - Stop Payment (Event), Amount: 10.50. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Foreign Currency Drafts - Refund (Event), Amount: 10.00. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Foreign Currency Drafts - Dishonour (Event), Amount: 21.70. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
- Purchase Of Foreign Currency (Withdrawal), Amount: 10.00. Additional Information: $10 or 1% of the value of the total order (whichever is greater).
- Travel Money Transfer (Event), Amount: 10.00. Additional Information: Minimum charge is based on the value and location of Travel Money Transfer at the standard rate
- Sms Alerts (Event), Amount: 0.25. Additional Information: Per alert
Limitations & Restrictions (Constraints)
- Opening Balance of 1000 Additional Information: A higher minimum opening balance may apply for select terms
- Min Balance of 1000 Additional Information: A higher minimum balance may apply for select terms
