Commercial Overdraft

 General Lending Rates

 Product Features

• Other Additional Information: Flexible short-term finance

• Other Additional Information: Smooth out 'dips' in cash flow

• Other Additional Information: Variable interest rate.

• Other Additional Information: Approved limit: A transaction account with an approved limit and 24/7 access to available funds.

• Other Additional Information: Flexible repayment options: No set repayments

• Other Additional Information: 24/7 access: You can access your commercial overdraft using a Business Visa Debit Card, Internet and Phone banking or in branch.

• Other Additional Information: Security : Cash, property or business assets may be offered as security

• Other Additional Information: Fixed rates are not available on a Commercial Overdraft. Talk to your banker today for more information on applicable interest rate.

• Other Additional Information: Interest is calculated daily on the balance owing, and charged monthly. A margin may apply depending on the type of security provided.

• Extra Repayments Additional Information: Subject to terms and conditions, this product has EXTRA_REPAYMENTS option available.

• Relationship Management Additional Information: Relationship management is available for eligible customers.

• Digital Banking Additional Information: With PayTo, you can see, review and authorise all new PayTo payments for things such as recurring bills, memberships and subscriptions before the money leaves your account.

 Product Eligibility

• Business Additional Information: Your business must be registered in Australia

• Other Additional Information: A business entity domiciled in Australia or an individual 18 years and above or strata corporation domiciled in Australia and requires the funding for business or investment purposes other than investment in residential property

• Other Additional Information: Meets the credit criteria and credit policy requirements under an applicable offer for this product.

 Bank Fees and Charges

• Line Fee (Periodic), Amount: Not Listed..

• Account Keeping Fee (Periodic), Amount: 15.00.

• Lending Establishment Fee (Upfront), Amount: Not Listed.. Additional Information: Minimum charge of $600.00

• Valuation Costs (Variable), Amount: Not Listed..

• Discharge Settlement Fee (Event), Amount: 250.00. Additional Information: Payable when we agree to discharge a security linked to the facility