The Finance Algorithm
RSL Money Prod logoRSL Money Prod

Sub Branch Account

Specifically designed for RSL Sub Branches, this flexible and easy to manage transaction account offers your Sub Branch a range of convenient banking options with no monthly account keeping fees.

Savings & transaction accountsBank updated 15 Sept 2026
Apply at RSL Money ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Base rate
2.10%
VISA Debit - Generic

Rates

The one rate RSL Money Prod publishes for this account.

TypeApplies toTermBandRateComparisonConditions
Variable---2.10%-paid every 1 yr

Fees

25 fees published, grouped by when they're charged.

While you hold it2

  • Dormancy fee for accounts inactive greater than 24 months
    $2 a month
  • Paper statement fee (per statement)
    $2 a month

When you make a transaction9

  • Amendment/ cancellation of telegraphic transfer/swift transfers
    $35
  • Direct debit dishonour
    $10
  • EFT trace/recall of funds
    $25
  • Foreign Currency Conversion fee
    3.00% of transaction
  • Foreign drafts
    $20
  • Swift transfers

    Electronic funds transfer between Australian Military Bank and other financial institutions

    $25
  • Telegraphic transfers (AUD)
    $20 to $50
  • Telegraphic transfers (online)
    $20
  • Overseas ATM withdrawals
    $4.50

When particular things happen14

  • Audit Certificate Fee

    Per audit certificate requested

    $50
  • Bank@Post cheque dishonour fee

    At cost

    From $1
  • Buy Foreign Currency

    1% of AUD value of amount purchased. Minimum order of AU$100 applies

    1.00% of transaction
  • Declined credit transactions
    $0.80
  • Declined EFTPOS transactions
    $0.80
  • Declined Visa dispute

    If a Visa dispute lodged by you is declined and found that the claim was invalid

    $30
  • EFTPOS dispute fee

    At cost

    From $1
  • Foreign Cheque encashment (<AU$5000)
    $15
  • Foreign Cheque encashment (>AU$5000)
    $50
  • Foreign Currency Encashment

    Minimum encashment of AU$50 applies

    $10
  • Paper statements printed at branch or posted

    $2.50 for printed and collect at branch or $5 if posted. No statement fee for RSL Money Sub Branch accounts

    $2.50 to $5
  • Retrieval of member documents from archives

    Per hour fee applies plus any expenses incurred

    From $50
  • Staff assisted external transfer and BPAY transaction
    $0.60
  • Visa Card replacement processing fee

    At cost

    From $20

Features

PayIDDigital bankingUnlimited transactions
  • No monthly account keeping fees

Eligibility and limits

  • Residency: RSL Sub branch must be registered in Australia
  • Available to businesses
  • Account can only be opened by an RSL Sub Branch

Published by RSL Money under the Consumer Data Right, last changed by them on 15 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.