NAB Farm Management Account Overdraft

An all-in-one agribusiness facility. With a NAB Farm Management Account Overdraft facility you will have access to funds, up to the agreed limit, readily available to assist your farming business when the need arises.

Benefits
  • Flexibility - this facility is designed especially for changing needs. It enables you to easily access funds up to your approved limit whenever it suits your needs.
  • Convenience - combines short and long-term finance, plus an everyday transaction account in one simple solution.
  • Accessibility - your facility can be accessed via cheque, ATM, EFTPOS, BPAY®, NAB Telephone Banking, NAB Internet Banking, NAB Connect or National Online Corporate, Australia Post giroPost and via one of the largest branch networks in the country.
  • Efficiency - manage your account efficiently utilising electronic options to track cash flow in and out of your account.
  • Relationship - access to and relationship with your Agribusiness Manager.
Features
  • Provides a simple solution to your fluctuating cash flows by incorporating a flexible credit solution and transaction account into one facility.
  • Helps you to manage your day-to-day business expenses, with the ability to draw up to the approved facility limit when your business requires funds.
  • No set regular repayments required. You can make payments into your facility as and when you like, and then redraw those amounts later when you need them up to your approved limit.
  • Credit interest is paid on credit balances – credit interest is calculated daily and paid monthly on the whole credit balance.
  • Easy access to account balances, account history etc available 24 hours a day, 7 days per week via our electronic channels1.
  • Personalised cheque and deposit books.
  • Multiple cheque books are also available to make tracking
    different categories of expenses easier.

Facility must be linked to a NAB Farm Management Account and is repayable on demand.  Lending criteria apply.  Terms and conditions available on application. Fees and charges apply.
1 Subject to the terms and conditions for that channel.
® Registered to BPAY Ltd 69 079 137 518

More information

Over 580 Agribusiness Specialists Australia wide.