The Finance Algorithm
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Negotiable Interest Term Account (NITA)

Negotiable interest rates available for term investment amounts over $100,000

Term depositsRates on applicationBank updated 22 Sept 2026
Apply at IMB Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Pricing
Rates on application
Min deposit
$100,000

Fees

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

When you make a transaction6

  • Bulk coin count

    Maximum charge

    $5
  • Foreign cheque conversion (value AU$10,000 and greater)

    Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties

    $50
  • Foreign cheque conversion (value less than AU$10,000)

    Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties

    $25
  • Manual deposit other institution
    $10
  • Purchase of foreign currency

    $10 or 1% of the value of the total order (whichever is greater).

    1.00% of transaction
  • Total cash withdrawal over $2,000 in a day

    A fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.

    0.20% of transaction

When particular things happen14

  • Audit Certificate

    Per certificate

    $30
  • Copy of Financial Institution cheque

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $16
  • Copy of withdrawal or deposit form
    $15
  • Interest statement - Electronic

    Per page

    $2.50
  • Recalculation of interest

    Per page

    $30
  • Research fee

    Per page

    $30
  • Retrieval of archived documents

    Per page

    $20
  • SMS Alerts

    Per alert

    $0.25
  • Special clearance on cheques

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $16
  • Stop payment fee (IMB cheques)

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $12.50
  • Trace on Financial Institution cheque

    Charges either wholly or partly imposed by third parties.

    $50
  • Transaction Listing - Electronic - 10 pages and over

    Per page

    $0.50
  • Transaction Listing - Electronic - up to 10 pages
    $5
  • Unclaimed monies/dormant account

    Maximum charge per account

    $40

Features

Digital bankingFraud protection
  • IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
  • IMB's Phone Banking Service gives you 24 hour access to your accounts from any touchphone.
  • IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm

Eligibility and limits

  • Minimum balance $100,000
  • Opening balance $100,000
  • The mininum term

Published by IMB Bank 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.