NAB Insolvency Service

At NAB we understand the insolvency industry and the pressures insolvency practitioners are under. That’s why we’ve put together our new Insolvency Service, designed to deliver the fast, efficient service we know you need. Supported by a team of insolvency specialists and a dedicated service desk, we can generally open accounts the same day (for requests received during business days prior to 4pm Melbourne time).

What is it?

A service offered to insolvency and bankruptcy practitioners to streamline their account opening procedures and day-to-day banking.

Suitable for:

Businesses that operate in the insolvency and/or bankruptcy market.

Benefits

• Save time – Accounts can generally be opened and linked to existing NAB online services on the same day. We’ve simplified our documentation with the aim of reducing paperwork and saving you time.
• Convenience – Accounts can be accessed anytime via NAB’s range of online services – NAB Connect, National Online or NAB Internet Banking.
• Greater choice – Choose from the full range of NAB’s business accounts including full access transaction accounts, high interest investment accounts and term deposits.

Features

• A Master Account Authority to reduce paperwork
• Choice of account – full access, investment or term deposit
• A dedicated service desk to open accounts promptly and efficiently
• Easy access to funds – access accounts via NAB Connect, National Online, or NAB Internet Banking.

What it costs

• There are no additional costs to utilise the NAB Insolvency Service.
• Standard fees and charges apply to NAB accounts and other associated services (eg; NAB Connect). For details, contact your NAB business banker or refer to ‘A Guide to Fees and Charges – Business Banking Fees’.

Speak to a NAB Insolvency Specialist Banker

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More information

Contact a NAB Insolvency Specialist Banker