Call Account Rates for Deposits

Kemp & Denning Limited have in the past been able to accept deposits from the public.  We are no longer able to accept new accounts.

For accounts that are already in existence the following rates apply from 1 June 2010:

Balance                        %

Over $10,000              4.20

$5,000 up to $10,000   3.50

$1,000 up to $5,000     2.50

below $1,000               1.50

The following conditions apply:

- No minimum deposit.

- No minimum balance.

- Deposits in excess of $20,000 are subject to confirmation.

- Proceeds of cheque deposits are not available for withdrawal until the cheque has been cleared.

- Minumum withdrawal of $100.

- Interest is calculated on the minimum daily balance in the account

- Interest is automatically reinvested and is credited to the depositor's account twice a year - on the last day in May and November.

- No fees or charges are levied against depositors' accounts.

- Withdrawals can be in the form of a cheque or EFT.  Cheques may be payable to a party other than the depositor.  The cheque will either be mailed to the depositor or may be collected by them from K&D.  EFT requests must be in writing advising account name, bank name, BSB number and account number for deposit of funds.

Any queries please contact us on 62 300 300.