We understand that your client's charity needs drive their banking requirements. Our versatile Reserve Account is a current account that offers instant access and is ideal for charities that regularly set aside funds to meet future obligations. Minimum opening account balance of $5,000 required and permits up to 30 day-to-day transactions* per calendar month, without incurring a transaction fee. Thereafter a charge of $0.75 per debit transaction is applicable.

No interest is paid on balances below $100,000.

Please see the Reserve Account for Charities Factsheet and Non-Personal Terms and Conditions for more information.

Interest rates are variable, please see current available interest rates.

* Day to day transactions on this account are: cheque withdrawals; cash machine withdrawals, cash withdrawals over the counter; Visa Deferred-Debit Card purchases including recurring transactions; Standing Orders; Direct Debits; bill payments and electronic payments.