BankWest was first established in 1895 by the Government of Western Australia. Known back then as the Agricultural Bank of Western Australia it was launched to assist in developing the state’s agricultural industry. Throughout the next 50 years the bank underwent a series of name changes and in 1994 embraced the trading name of BankWest. BankWest offers a Farm Management Deposit (term deposit) account via its brand BankWest Agribusiness.
Product Details
- Company
-
- Nominal Rate
- 4.15%
- Effective Rate
- 4.15%
- Payment Frequency
- Annually
- Maturity Alert
-
- Partial Withdrawal Penalty
- No
- Compounding Interest
- No
Product Features
Automatic rollover y
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Partial withdrawal n
Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.
Int paid via other institution n
Whether the interest dividend can be paid into an account held with another financial instituion
RateCity