Enhance your client's cash portfolio with NAB Term deposits (via Intermediary)

You can offer your clients the opportunity to enhance their cash portfolios with a NAB Term Deposit with competitive interest rates and the security of an investment with a major Australian Bank. A simple execution process enables you to set these up on  behalf of your clients.

NAB Term Deposits give your clients:

• Fixed rate, fixed term deposits with National Australia Bank for terms of 30 days up to 5 years
  
  
• Minimum investment of $25,000#
  
  
• Government guaranteed for deposits up to $1,000,000^
  
  
• Great rates to enhance their cash portfolio
  
  
• Daily Rates are available by contacting Global Markets Investments on 1800 227 611 and are valid until 5pm on the day they are quoted.
  
  
  

NAB Term Deposits (via Intermediary) give you an opportunity to be closer to your clients:

A great process for ease of dealing:

We know you are busy so we have streamlined our processes to make setting up Term Deposits on behalf of your clients as easy as possible:

• Through the Nominated Representative Facility your client may appoint you as the Nominated Representative on their NAB Term Deposit.
  
  
• As a Nominated Representative you may continue to deal the NAB Intermediary Term Deposit with minimal paperwork.
  
  
• There is no 100 point check as this is covered in our Anti-Money Laundering and Know Your Client Representation and Warranty form which needs to be completed only once by each AFSL holder.
  
  
• We can accept your instructions either via telephone, facsimile or in writing in order to raise a NAB Term Deposit on behalf of your client^{^^}.
  
  
• Easy payment options are available including a Direct Debit facility.
  
  
• Automatic email notification of maturing Term Deposits will be sent to you.
  
  
  

Adviser Commissions

• As a Financial adviser you may receive trail commission of up to 0.50% p.a.##

For more information please call Global Markets Investments on 1800 227 611.

^# A maximum Investment of $5,000,000 applies for Direct Debit transactions.

^ $1,000,000 limit per customer.

^^Confirmation will need to be received over a taped line.

^##Commission can be taken in any increment of 0.01% up to 0.50% (inclusive of GST) and must be determined at the time a booking is lodged with your Global Markets Investments Representative.  (The indicative pricing is the client pricing, the adviser commission is taken from the client’s price).

Important Notice

The information in this letter is of a general nature only and has been prepared for the purpose of providing general background information about NAB Term Deposits and does not take into account the particular investment objectives, financial situation or needs of any person   National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 (“NAB”) is the issuer of NAB Term Deposits.  .Before making any investment in NAB Term Deposits, you should ensure that you have read and understood the terms and conditions of NAB Term Deposits which are available from NAB.

Code of Banking Practice

NAB has adopted the revised Code of Banking Practice 2003. For details of the Code contact NAB on 13 22 65 and select the option to speak to a Customer Service Representative. Or visit us at www.nab.com.au. For more information about NAB’s dispute resolution processes click on Dispute Resolution.

Privacy

Your privacy is important to us. You may request access to personal information NAB holds about you subject to certain exceptions under law.  If you would like to request access to your personal information and for more information about our Privacy Policy, please contact NAB on 13 22 65 and select the option to speak to a Customer Service Representative.  Or visit us at www.nab.com.au.  For more information about privacy in general, you can visit the Federal Privacy Commissioner's website www.privacy.gov.au

Click here for Step By Step Guide

Click here for Terms and Conditions

Click here for Application Form

Interest Rates for financial planners

For a copy of the daily rate sheet or for more information please call 1800 652 669 9am – 5:30pm AEDT Mon-Fri or email nabmarkets.investments@nab.com.au.