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Private Wealth

 

Sale of the NAB Private Business in Singapore

On 11 May 2017, NAB announced the sale of its NPW business in Hong Kong and Singapore. The sale will see the transfer of most of NAB Private Wealth’s loans and deposits to OCBC Bank. Following completion of the sale, NAB Private Wealth will cease offering new loan and deposit products to retail customers. Loans and deposits booked in Singapore will be transferred to OCBC Bank in Singapore, while loans and deposits booked in Hong Kong will be transferred to OCBC Bank’s wholly owned subsidiary OCBC Wing Hang in Hong Kong.

For more information, please read Press Release

Useful links for customers

 

Deposit Rates

These indicative deposit rates are for information purposes only and are subject to change without prior notice. Please contact us for full details, including terms and conditions.

INDICATIVE RATES AS AT 26 September 2017

Currency   Amount 1 Week 1 Month 3 Months 6 Months
USD   Under US$50,000 0 0 0 0
  US$50,000 - 249,000 0.05
0.15 0.2 0.2
  US$250,000 - 499,000 0.05 0.15 0.2 0.2
  US$500,000 - 999,000 0.1 0.3 0.4 0.4
  US$1 million - 5 million
0.1 0.3
0.4 0.4
AUD   Under US$50,000 0.2 0.5 0.55 0.55
  US$50,000 - 249,000 0.35
0.85 1 1.1
  US$250,000 - 499,000 0.35 0.85 1 1.1
  US$500,000 - 999,000 0.45 0.85 1.05 1.15
  US$1 million - 5 million 0.45 0.85
1.05 1.15
GBP   Under US$50,000 0 0 0 0
  US$50,000 - 249,000 0
0 0 0
  US$250,000 - 499,000 0 0 0 0
  US$500,000 - 999,000 0 0 0 0
  US$1 million - 5 million 0 0
0 0
HKD
  Under US$50,000 0 0 0 0
  US$50,000 - 249,000 0
0 0 0
  US$250,000 - 499,000 0 0 0 0
  US$500,000 - 999,000 0 0 0 0
  US$1 million - 5 million 0 0
0 0
NZD
  Under US$50,000 0.2 0.5 0.5 0.6
  US$50,000 - 249,000 0.35
0.8 1.05 1.05
  US$250,000 - 499,000 0.35 0.8 1.05 1.05
  US$500,000 - 999,000 0.45 1.1 1.25 1.35
  US$1 million - 5 million 0.45 1.1
1.25 1.35

Deposit Rate (% p.a.)

Contact us

Singapore Branch

12 Marina View
#20-02 Asia Square Tower 2
Singapore 018961

Tel: +65 6419 7000
Fax: +65 6336 0067

General Enquiry Email: nabsg_enquiry@nabasia.com

Service Hours: 9:00 a.m. - 4:30 p.m. (Monday to Friday)