The Finance Algorithm
IMB Bank

Negotiable Interest Term Account (NITA)

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

Term depositsRates on applicationBank updated 22 Sept 2026
At a glance
Pricing
Rates on application
Min deposit
$100,000
§ 02 — Fees · 20
FeeTypeAmountWhenNotes
Bulk coin countDeposit$5Maximum charge
Foreign cheque conversion (value AU$10,000 and greater)Deposit$50Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
Foreign cheque conversion (value less than AU$10,000)Deposit$25Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
Manual deposit other institutionDeposit$10
Audit CertificateEvent$30Per certificate
Copy of Financial Institution chequeEvent$16Maximum charge. Charges either wholly or partly imposed by third parties.
Copy of withdrawal or deposit formEvent$15
Interest statement - ElectronicEvent$2.50Per page
Recalculation of interestEvent$30Per page
Research feeEvent$30Per page
Retrieval of archived documentsEvent$20Per page
SMS AlertsEvent$0.25Per alert
Special clearance on chequesEvent$16Maximum charge. Charges either wholly or partly imposed by third parties.
Stop payment fee (IMB cheques)Event$12.50Maximum charge. Charges either wholly or partly imposed by third parties.
Trace on Financial Institution chequeEvent$50Charges either wholly or partly imposed by third parties.
Transaction Listing - Electronic - 10 pages and overEvent$0.50Per page
Transaction Listing - Electronic - up to 10 pagesEvent$5
Unclaimed monies/dormant accountEvent$40Maximum charge per account
Purchase of foreign currencyWithdrawal1.00% of transaction$10 or 1% of the value of the total order (whichever is greater).
Total cash withdrawal over $2,000 in a dayWithdrawal0.20% of transactionA fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.
§ 03 — 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
§ 04 — Eligibility & 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.