Bank Index

REGIONAL AUSTRALIA BANK LTD

Bank · ARMIDALE, Australia · overall 5.7 / 10

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How this 5.7 is built

Average of 6 scored needs: 5.7. Regulation in Australia: 95/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

REGIONAL AUSTRALIA BANK LTD is recorded in the global register as a bank in ARMIDALE, Australia. The register names Australian Prudential Regulation Authority as its regulator and shows the licence as active. Established 1969. Collected from open registers.

On its own website: “Regional Australia Bank is a customer owned bank offering a range of home loans & credit cards, personal & business banking products to suit your needs. Explore now!”

Legal name
REGIONAL AUSTRALIA BANK LTD
Regulated by
Australian Prudential Regulation Authority
Licence confirmed
yes, on a regulator's own list
Established
1969
LEI
984500AEDCE780889753
Website
www.regionalaustraliabank.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
6.0Lowest fees
The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “00 Bank cheque fee $11.00 Cheque deposit 10 Free deposits per month Additional deposits $0” · 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
5.0Best 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.