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Money Market Deposit Account

Working together to maximise returns on corporate and business investments

As a Money Market Deposit Account customer your needs will be met by our dedicated Specialist Deposit Services team.

That means you can benefit from informed judgement, our thorough grasp of money markets and their movements as well as our competitive market linked interest rates, BankWest's strong credit ratings and the best wholesale deposit products.

At Call Deposit
Minimum deposit of $100,000, kept at call and on any business day can be recalled before 1pm. Interest rate is reviewed daily.

Term Deposit
Minimum deposit of $100,000, terms from 7 days to 5 years. Interest paid on maturity for term's less than 12 months. For longer terms interest is paid monthly, quarterly, half-yearly or yearly.

Floating Rate Term Deposit
Minimum deposit of $500,000, choose terms from 1 to 5 years with interest paid quarterly on pre-agreed rollover dates.

On each rollover, the interest rate is reset to the prevailing BBSW rate plus a margin which is agreed on at the outset and is fixed for the term of the investment.

Foreign Currency Call Deposit
Choose from most major currencies, the variable interest rate depends on the
account currency. Preferred minimum balance is the equivalent of AUD20,000 (fees may apply if balance falls below this amount).

Foreign Currency Term Deposit
A fixed term account for foreign currency, minimum balance of AUD100,000 equivalent, you can invest in most major foreign currencies.

 

 Apply Now

Why Tolerate Banking Hours?

Why not use Online Business Banking to manage your money. It's fast, secure, simple and convenient - and supported by world class anti-fraud and security measures. There's a Service Package to suit your business and the number of transactions you make that will help you save on fees.

 Apply Now

Check out the small print HERE
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Specialist Deposit Services
Specialist Deposit Services
  • Immediate Account opening
  • Direct access to specialists in every state
  • Investments backed by strong credit rating
  • Access to competitive wholesale, market-linked interest rates
Industry Specialists To Help Your Business Grow
Industry Specialists
*48 hours commences upon receipt of all required information.
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This page was last updated Tuesday, 12 August 2008 3:43:20 PM AWST. ©2008 Copyright Bank of Western Australia Ltd (BankWest) ABN 22 050 494 454AFSL 236872. All rights reserved.

To use this Website, you are required to read the Financial Services Guide which you agree to be provided by accessing the link. These products are issued by BankWest unless otherwise stated. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s).


Rates stated are subject to change without notice. For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request. The closing balance (termination value) of any BankWest deposit product can be obtained by contacting us on 13 17 18.


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