Lending and bank accounts, both associated with BSB number 939 200
Practice Finance Loan
Practice Finance Loan
At a glance
- Pricing
- Rates on application
§ 02 — Fees · 13
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Telegraphic transfer fee - deposits | Deposit | $30 | — | When funds are transferred to your account (by SWIFT or telegraphic transfer) from a bank in Australia or overseas (in Australian dollars or a foreign currency) |
| Payment dishonour fees | Dishonour | Varies | — | You may be charged a fee by an external bank or financial institution for a transaction relating to your loan (eg. if a payment to your loan made from another bank is dishonoured, the other bank may… |
| Audit certificate fee | Event | $25 | — | When you or an auditor request an audit certificate for your account |
| Break costs | Event | Varies | — | Payable if at any time before the fixed interest period expires. You make additional repayments above the minimum required payments exceeding $10,000 for each 12 month period within a fixed interest… |
| Transaction trace fee | Event | $20 | — | When you request us to investigate and trace a transaction |
| Variation fee | Event | $299 | — | Plus any solicitor's or mortgage processing costs, valuation costs if applicable and any government fees which may vary from state to state. Payable when we agree to vary your loan or any security -… |
| Business finance Discharge fee | Exit | $100 | — | Payable for requests to fully repay all money owing and discharge all securities. |
| Discharge fee | Exit | $390 | — | Payable when we are requested to discharge all securities. Customers also pay the actual solicitors' or mortgage processing servicers' costs, which include,for example, search fees and postage, valua… |
| PPSR Release Fee | Exit | $330 | — | Payable for preparation of release documentation and release of registration of security interests on the PPSR when all money owing is being repaid in full. |
| Bank Guarantee Fee | Periodic | 1.00% of balance | Every 6 mo | Charged bi-annually on bank guarantee |
| Application fee | Upfront | Varies | — | Processing fee for loan application payable at settlement |
| Fixed rate lock fee | Upfront | 0.15% of transaction | — | 0.15% of the original Fixed Rate loan amount. Payable to secure the fixed interest rate on a fixed rate loan for 90 days from the date this fee is received (this date is also referred to as the fixed… |
| Telegraphic transfer fee - withdrawals | Withdrawal | $30 | — | When you request us to transfer funds from your account (by SWIFT) to a bank in Australia (in Australian dollars). When you request us to transfer funds from your account (by telegraphic transfer) to… |
§ 03 — Features
RedrawDigital bankingUnlimited transactions
§ 04 — Eligibility & limits
§ 05 — Compare
§ 06 — Run the numbers
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Published by AMP - My AMP under the Consumer Data Right, last changed by them on 22 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.