General
‍Information current at date of appearance and subject to change. You should consider the IMB Member Guide to Transaction Banking - Product Disclosure Statement before making a decision about IMB products and facilities. Target Market Determination available here.

Prepayment of your investment amount (i.e. withdrawal in part or full prior to maturity) will be allowed by us. However, any amounts withdrawn before maturity will incur the following interest rate reduction:
- if the interest rate on your Account is higher than 3% p.a., the interest rate reduction is 3% p.a. for 12 months or the full term of the investment if that is 12 months or less;
- if the interest rate on your Account is 3% p.a. or less, the interest rate is reduced to 0.10% p.a. for 12 months or the full term of the investment if that is 12 months or less.

If upon maturity of your term deposit you do not provide contrary instructions, your investment will be reinvested for the same term at the standard interest rate applicable at that time, which may be higher or lower than your current rate, and this will constitute a new facility. 6 month term is treated as 183 days for the purposes of term length and interest calculations.

Rates and features
‍1. Rates and terms negotiable for amounts over $100,000.