Business 32 Day Notice Account

Features and Benefits

• Lodge funds at any time: After your initial investment, you can lodge additional lump sums at any time. More information about lodging money.
• Quick access to your deposit: You can withdraw your money at any time but remember to give us 32 days' notice to avoid an early withdrawal charge.

Understanding the account

• Withdrawal options: 
  • You can withdraw your money at any time, but remember to give us 32 days' notice to avoid an early withdrawal charge.
  • Once this notice period has elapsed you have up to 30 calendar days in which to make the withdrawal without charge.
• Annual Equivalent Rate (AER): A preview of how much interest you could earn each year if you kept your business' money in the account for a full year and the interest rate didn't change. 
• Deposit Interest Retention Tax (DIRT): A tax payable on the interest your business earns from your Savings or Deposit Account. It is automatically deducted when your business receives it. however, you may not have to pay DIRT. More information on DIRT exemptions.
• Earn a variable interest rate on the balance in a Business 32 Day Notice Account. Interest is paid on the first working day after 20 November each year and is subject to DIRT at the prevailing rate which is subject to change.

What's gross interest? | More information about interest rates.