Changes to ANZ rates, fees and agreements
Changes to ANZ interest rates
We’re increasing the interest rates on ANZ Term Deposits, effective 15 May 2023.
See below for a summary of the changes.
ANZ Term Deposits ($2,000 - $499,999)
|
Current interest rate |
New interest rate |
1 month |
0.05% p.a. |
0.18% p.a. |
2 months |
0.05% p.a. |
0.25% p.a. |
3 months |
0.05% p.a. |
0.30% p.a. |
6 months |
0.10% p.a. |
0.30% p.a. |
12 months |
0.10% p.a. |
0.50% p.a. |
These changes will be reflected on our interest rates page from 15 May 2023.
All term deposit interest rates are subject to change after the fixed term. Interest rate changes apply to local currency term deposits only. All interest rates are advised on a per annum (p.a.) basis. ANZ terms and conditions and fees apply.
If you have any questions, please do not hesitate to contact us on +670 330 6100 or visit an ANZ branch.
Changes to the ANZ General Banking Conditions
For customers in Timor Leste who use Transactive Global, we’re changing our current ANZ General Banking Conditions (dated 2014). This includes changes being made to various schedules to those ANZ General Banking Conditions.
These changes will apply from 1 July 2022, subject to any specific agreed terms you may have negotiated with us. Please contact your Relationship Manager if you have any questions.
See the updated ANZ General Banking Conditions on the online forms page.
Changes to ANZ Timor-Leste Standard Trade and Supply Chain Tariffs
We're changing certain fees applicable to ANZ’s trade and supply chain offering as detailed below.
The following changes will apply from 15 November 2021.
| Trade Finance & Supply Chain Product/Service | Current fee | New fee |
|---|---|---|
| Trade Loan – Prepayment | $100 | $250 |
| Shipping Guarantee | On application | 2% p.a. of the instrument amount (minimum $500) |
| Airway Bill Release | On application | 2% p.a. of the instrument amount (minimum $500) |
| Guarantees/Standby Letters of Credit | ||
| Issuance | On application | 2% of the issuance amount (minimum $500) |
| Amendment – increase in amount only* | As per new credit | 2% of the amount of the increase (minimum $500) |
| Amendment – complex** | As per new credit | Aggregate of Issuance fee and 2% of the amount of increase (minimum $500) |
| Amendment – all other amendments | $75 | $75 |
* Increase in instrument amount only
** Increase in instrument amount and extension of expiry date/event
The following fees will no longer be charged as these products and services are no longer offered by ANZ:
· Imports Documentary Collections – Avalisation
· Exports Documentary Collections - Clean Cheque
· Guarantees/Standby Letter of Credit – Negotiation
· Guarantees/Standby Letter of Credit – Confirmation
Various other changes have been made to the content of the ANZ Timor-Leste Standard Trade and Supply Chain Tariffs document to clarify the basis on which fees will be charged by ANZ for trade finance and supply chain products and services.
The updated ANZ Timor-Leste Standard Trade and Supply Chain Tariffs will be available online from 15 November 2021, and will apply subject to any specific terms you may have negotiated with us. Please contact your Relationship Manager if you have any questions.
For full details of all the fees applicable to ANZ’s trade finance and supply chain offering, please read the ANZ Timor-Leste Standard Trade and Supply Chain Tariffs.
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