INV - 12 Mth FMD Trf 12 Mthly
Term DepositsData Sharing Status
Farm Management Deposit Accounts are fixed term accounts that allows primary producers to set aside pre-tax income in profitable years to establish cash reserves to help meet costs in low-income years when they need it most.
- Fixed rate
- 5.15%
- 12 months
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed Interest paid on maturity into a nominated account. | 4.9% | Tier 1Tier 1 | every 12 months |
| Fixed Interest paid on maturity into a nominated account. | 5.05% | Tier 2Tier 2 | every 12 months |
| Fixed Interest paid on maturity into a nominated account. | 5.15% | Tier 3Tier 3 | every 12 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Early Redemption Administration Fee This fee is payable should the depositor choose to withdraw funds (in whole or in part) prior to the maturity date. A 31 day notice period is required. An interest penalty may also apply. | Event | $25.00 |
Eligibility
- Eligibility: available to anyone who is a primary producer when the deposit is made. Other conditions apply.
- Membership: You must be or become a Beyond Bank Australia member.
- Taxation benefits may be available to Primary Producers as part of the Farm Management Deposit scheme and subject to qualifying criteria and terms and conditions.
- Securely backed by the Government Guarantee.
Constraints
- Maximum balance — $800,000.00Total balance of all FMD accounts held by the same person must not exceed $800,000 at any time.
- Minimum balance — $2,000.00Minimum initial investment from $2,000.00 Any further deposit or withdrawal must be at least $1,000.00
- Opening balance — $2,000.00Minimum initial investment from $2,000.00
More Information
Published by Beyond Bank Australia under the Consumer Data Right · Last updated 4 May 2026 · Product ID 48 · View on CDR.gov.au