Welcome to Help Center

How can we help?

1. Personal account fee and interest on account balance

Fee typeStandard Account Premiun Account
Individual AccountAccount Opening Processing Fee (applicable to international users) $150 AUD$500 USD
Account Activation Minimum Deposit   (applicable to international users) $700 AUD /
Monthly Maintenance Fee (applicable to international users) $15 AUD $25 USD
Service Charge for TransferTransfer from other Bano Accounts $0 AUDNot Supported
Transfer to other Bano Accounts $0 AUD Not Supported
BSB transfer from other Australia financial institutions$0 AUD Not Supported
BSB transfer to other Australia financial institutions$0 AUD Not Supported
Incoming SWIFT/ All Transfers to USD Account$14 AUD per transaction$10 USD per transaction
Outgoing SWIFT/ All Transfers from USD Account$55 AUD per transaction$40 USD per transaction
Transfer Return/ Cancellation Request$28 AUD per transaction$20 USD per transaction
Investigation of Sent SWIFT Transfer$35 AUD per transaction$25 USD per transaction
Fees and charges for Bano Physical Visa Card Your first card$0 AUD
Report loss or replacement 20 AUD /card
Additional cards for family members$0 AUD
Report loss or replacement for additional cards20 AUD /card
Mailing-Local$0 AUD
Mailing-InternationalActual costs
ATM withdrawal-Local3 AUD / withdrawal
ATM withdrawal-International5 AUD / withdrawal

*Bano Visa card applications are only available to Australian users currently.

ItemRateRules
Interest on account balance
*Coming soon
2% (Annual Interest Rate)
  • Interest paid on all positive balances in a Bano AUD account
  • Interest calculated daily on the minimum balance in the account for that day
  • Interest paid monthly
  • Interest can be earned on balances up to $20,000
  • Bano reserves the right to change the interest rate or cancel the service at any time. Customers will be informed if any changes are made.
  • Bano would want to right to change the interest rate or cancel the service / promotion at a short notice (period to be determined based on what regulations).
  • Bano has the right to change the interest rate or stop this promotion at any time
  • This promotion is only available for full time Australian residents