Arab Bank Australia (abal banking) are pleased to inform that they are passing on a reduction of 0.25% to its residential variable home loan rate customers, effective June 3rd. This adjustment reflects the Bank’s  commitment to providing competitive offerings and supporting customers’ needs.

Learn about our new and improved online and mobile app features. Click here for more details. 

Be Scam Aware! Take a moment and think.... click here for helpful hints in protecting your accounts online.

Learn more about our brand name, abal banking.

In the market for a home loan? Learn more about our award winning home loan products by clicking here.

We're a bank for the community. Learn more about our community initiatives by clicking here. 

Our Melbourne Branch will be closed on Tuesday 5 November, for the Melbourne Cup public holiday. 


Term Deposit special rate offer

  • No minimum deposit
  • Available for amounts up to $2 million
  • Available to new deposits
  • Interest calculated daily
  • Automatic rollover available
  • Internet Banking (view only) access via abal.online and abal.mobile and Term Deposit certificate to keep track of your investment
  • Australian Government Guaranteed
  • Mozo's Experts Choice 2021 in the Small Business Term Deposit Category
  • Rate City's Best 6 and 12 months Term Deposit 2021 Gold Award
  • Rate City's Best 6 and 12 months 50K Term Deposit 2022, Gold Award 

Information on the Target Market Determination for this product can be found here.

*Terms and conditions apply. All rates are available on Australian Dollar term deposits. Rates subject to change without notice. The issuer of these products is Arab Bank Australia Limited. The Australian Government Guarantee applies to deposits up to $250,000 per entity, per authorised deposit-taking institution. To the extent that this material can be construed as general advice, it has been prepared without taking into account your objectives, financial situation or needs. A Product Disclosure Statement (PDS) and Information on Target Market Determination is available to view.  

Whilst every effort is taken to ensure that rates are up to date, Arab Bank Australia takes no responsibility for errors herein.

How to apply online?

To open a term deposit account online, you will need to have a transactional account with Arab Bank Australia and access to internet banking (aba.online).

When applying for a transactional account, you will be able to sign up for internet banking in the process.

This transactional account is required to hold your money until you successfully open your term deposit account and transfer your money across. Once you have opened a transactional account and have access to our internet banking facility aba.online, you will be able to apply for a term deposit online using your online ID and password.

  • If you are already an Arab Bank Australia customer and would like to sign up to internet banking, here is how to apply.

If your preference is to open your term deposit account over the counter, visit one of our branches where a team of our friendly customer service staff would be happy to assist you with the process.