Personal Account Fees & Interest Rate

	Fee type	AUD Account	USD Account
Individual Account	Account Opening Processing Fee (applicable to international users)	$150 AUD	$500 USD
	Account Activation Minimum Deposit (applicable to international users)	$700 AUD	/
	Monthly Maintenance Fee (applicable to international users)	$15 AUD	$25 USD
Service Charge for Transfer	Transfer from other Bano Accounts	$0 AUD	Not Supported
	Transfer to other Bano Accounts	$0 AUD	Not Supported
	BSB transfer from other Australia financial institutions	$0 AUD	Not Supported
	BSB transfer to other Australia financial institutions	$0 AUD	Not Supported
	Incoming SWIFT/ All Transfers to USD Account	$14 AUD per transaction	$10 USD per transaction
	Outgoing SWIFT/ All Transfers from USD Account	$55 AUD per transaction	$40 USD per transaction
	Transfer Return/ Cancellation Request	$28 AUD per transaction	$20 USD per transaction
	Investigation of Sent SWIFT Transfer	$35 AUD per transaction	$25 USD per transaction
Fees and charges for Bano Physical Visa Card	Your first card	$0 AUD
	Report loss or replacement	20 AUD /card
	Additional cards for family members	$0 AUD
	Report loss or replacement for additional cards	20 AUD /card
	Mailing-Local	$0 AUD
	Mailing-International	Actual costs
	ATM withdrawal-Local	3 AUD / withdrawal
	ATM withdrawal-International	5 AUD / withdrawal

*Bano Visa card applications are only available to Australian users currently.

Item	Rate	Rules
Interest on account balance	2% per month* Effective Annual Interest Rate: 2.018%	Interest paid on all positive balances in a Bano AUD account Interest calculated daily on the minimum balance in the account for that day Interest paid monthly Interest can be earned on balances up to $20,000 Bano reserves the right to change the interest rate or cancel the service at any time. Customers will be informed if any changes are made. Bano has the right to change the interest rate or stop this promotion at any time This promotion is only available for full time Australian residents

Item

Rate

Rules

Interest on account balance

2% per month*

*Effective Annual Interest Rate: 2.018%*

Interest paid on all positive balances in a Bano AUD account
Interest calculated daily on the minimum balance in the account for that day
Interest paid monthly
Interest can be earned on balances up to $20,000
Bano reserves the right to change the interest rate or cancel the service at any time. Customers will be informed if any changes are made.
Bano has the right to change the interest rate or stop this promotion at any time
This promotion is only available for full time Australian residents