Fixed Rate Farm Management Deposit

 Product Features

• Other Additional Information: Designed for primary producers who’ve earned a taxable non-farm income of $100,000 or less over a financial year

• Other Additional Information: You can have more than one Farm Management Deposit, up to a combined value of $800,000 per farmer

• Other Additional Information: Choice of a self managed Rural Bank ONE (online) or Staff Assisted (in branch/phone) Farm Management Deposit

• Other Additional Information: Earn competitive interest rates on a choice of fixed terms

• Other Additional Information: No monthly account service fees or transaction fees apply to Rural Bank Farm Management Deposit accounts

• Other Additional Information: 31 day withdrawal notice if need to access funds before its maturity date

• Other Additional Information: Ability to choose from 1, 2, 3, 6, 12 or 24 month term.

 Product Eligibility

• Other Additional Information: Customer must be a primary producer with an off-farm taxable income of less than $100,000 per annum

• Residency Status - Only Available To Australian Primary Producers.

• Other Additional Information: Can only be opened in the name of an individual

• Other Additional Information: Subject to farm management deposit scheme eligibility guidelines

 Bank Fees and Charges

• Bank Cheque Fee (Transaction), Amount: 10.00. Additional Information: Applies per bank cheque you request. This fee will not be debited to your FMD

• Bank Cheque Repurchase Or Stop Fee (Event), Amount: 30.00. Additional Information: Applies per bank cheque you request to be repurchased or stopped. This fee will not be debited to your FMD

• Real Time Electronic Or International Funds Transfer (Payment), Amount: 30.00. Additional Information: Applies the same day you request a transfer to an account at another financial institution in Australia, or an international funds transfer. This fee will not be debited to your FMD.

• Copy Of A Cheque (Event), Amount: 20.00. Additional Information: Applies per cheque when you request a copy of a cheque deposited to your account. This fee will not be debited to your FMD.

• Electronic Or Cheque Trace (Event), Amount: 20.00. Additional Information: Applies per request to trace a Bpay®, Pay Anyone (including Osko®) or other transaction sent electronically to another financial institution or a cheque written on your account. A copy of the cheque is provided with this request. The trace fee will be waived if the trace reveals an error by Rural Bank. This fee will not be debited to your FMD

• Real Time Electronic Or International Funds Trace (Event), Amount: 30.00. Additional Information: Applies per request. Note: The receiving bank may also impose a fee. The trace fee will be waived if the trace reveals an error by Rural Bank. This fee will not be debited to your FMD.

• Electronic Recall (Event), Amount: 15.00. Additional Information: Applies per attempt to recall an electronic transaction. The fee is charged even if the recall is unsuccessful. This fee will not be debited to your FMD.

• Audit Request (Event), Amount: 30.00. Additional Information: Applies per audit requested on an account. This fee will not be debited to your FMD.

• Transaction History Record (Event), Amount: 5.00. Additional Information: Applies per request per statement period for a transaction history print out on an account. This fee will not be debited to your FMD.

• Administration Fee (Event), Amount: 15.00. Additional Information: An administration fee of $15.00 per 1/4 hour applies for the supply of information, retrieval of a voucher or other documentation, or other special services you request. This fee will not be debited to your FMD.

 Limitations & Restrictions (Constraints)

• Opening Balance of 5000.00

• Max Balance of 800000.00 Additional Information: The total of all FMD’s held in a client’s name must not exceed $800,000