Please note that we can only accept applications for Judo Bank’s Business Term Deposit from:
- private Companies (i.e. Pty Ltd companies) with up to nine directors;
- trusts with a maximum of six individual trustee(s); and
- registered incorporated associations.
The business will need to be able to:
- provide the business’ ABN and any other required business identifiers (you cannot proceed without the required identifier);
- confirm the entity is an Australian tax resident with an Australia business address;
- show that all company shareholders are individuals not companies; and
- confirm that trustee(s) are individuals.
For each individual trustee, Authorised Representative, Intermediary and/or Related Person, they must be:
- over 18 years of age.
- an Australian resident for tax purposes.
- living at an Australian residential address.
To speed up the application process, please make sure you have all your information handy before you start, as you’ll need the following to be able to apply:
- A minimum of two identification documents (for each individual or Related Person) – you can use your Australian Driver’s Licence, Passport and/or Medicare Card for identification purposes;
- A mobile number and email address for verification and correspondence purposes (each individual or Related Person will require their own unique email address and mobile phone number).
- An Australian Bank Account with another financial institution, which needs to be in the name of the entity.
Applicants who do not meet the above criteria cannot apply online for our Business Term Deposit product. Contact us on 13 58 36 if you have any questions.
Before you open an online Term Deposit account with us you should consider whether it is appropriate for you by accessing and reading our Target Market Determination.
To apply for a Business Term Deposit account with us, you must read and agree to the following:
- Important Information;
- Terms and Conditions;
- Privacy Policy
and give the consents listed in the Important Information
Please ensure all information provided is accurate and up to date. We manage your personal information in accordance with our Privacy Policy and the Terms and Conditions. Any individual trustee, director of the corporate trustee, Authorised Representative, Intermediary and/or Related Person (as applicable) will be asked to complete the application and read and agree to the above terms before an account may be opened.
