Bank Index

ING BANK (AUSTRALIA) LIMITED

Bank · Sydney, Australia · overall 5.5 / 10

Open in Bank Index

How this 5.5 is built

Average of 6 scored needs: 5.5. Regulation in Australia: 95/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

ING BANK (AUSTRALIA) LIMITED is recorded in the global register as a bank in Sydney, Australia. The register names Australian Prudential Regulation Authority as its regulator and shows the licence as active. Established 1971. Collected from open registers.

On its own website: “Do your thing with ING. Offering bank accounts & savings accounts ✔ Great rates on loans & credit cards ✔ Insurance & superannuation ✔ Contact ING Today!”

Legal name
ING BANK (AUSTRALIA) LIMITED
Regulated by
Australian Prudential Regulation Authority
Licence confirmed
yes, on a regulator's own list
Established
1971
LEI
70UN1RCXO6LO7KWNC831
Website
ing.com.au

Scores, 0 to 10

8.0Financial strength & stability
· source
6.0Asia-Pacific (SG, HK, AU, JP, KR)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.