Bankwest Settlement Account Rates & Fees

Interest Rates

The Bankwest Settlement Account receives Interest whilst funds are in the account ready for you to place your trade.  The current Interest Rates on the Bankwest Settlement Account are as follows:

Amount From Amount To Interest Rate (p.a.)
$0.00 $9,999.99 0.01%
$10,000 $19,999.99 0.05%
$20,000 $49,999.99 0.05%
$50,000 $199,999.99 0.05%
Over $200,000


Bankwest Settlement Account Linked to Transaction Bank Account 

The Bankwest Settlement Account is linked to the Transaction Bank Account established for your SMSF. You can move funds between your Bankwest Settlement Account and the Transaction Bank Account as required.

Bank Charges

There are no monthly bank charges on the Bankwest Settlement Account.