From 23 March 2026, you will be able to access our new Internet Banking and Bank of Sydney Mobile Banking App.

This will provide new features and functionality in a simpler, more intuitive platform to help you easily manage your banking.

In the Deposit, Saving and Transaction Accounts Product Disclosure Statement (PDS):

• We're replaced references to ‘Internet Banking’ with ‘Online Banking’.
• We've updated the regular statement frequency for some products from 'monthly' to 'six-monthly', or 'more frequently if requested'.
• We've added further details on obligations related to opening Bank of Sydney joint accounts.
• We've clarified the role of guardians/parents when opening an account for a minor.
• We've removed a Dishonour Fee which may have been charged if you authorise a third party to direct debit your account and payment is not made because there are insufficient cleared funds in your account to meet the payment.
• We've removed an Overdrawn Account Fee may have been charged for Bank of Sydney agreeing to honour a transaction which resulted in the overdrawn amount.
• We've added further details regarding funds deposited into Foreign Currency Term Deposits.
• We've updated the timeframe to deposit funds into a Term Deposit account from 10 calendar days to 7 calendar days. 
• We've added further details regarding when interest is calculated for Term Deposit accounts.
• We've added further details regarding the provision of maturity instructions for Term Deposits.
• We've updated how interest will be calculated on accounts (excluding Term Deposits).
• We've added further details regarding use of your account and access facilities related to Online Banking. 

In the General Banking Fees and Charges Guide:

• We've renamed the ‘Staff Assisted Transaction Fee’ to ‘Staff Assisted Withdrawal Fee’.
• We've updated the Bank@Post Cash Withdrawal Fee description.

In the Consumer Loan Terms and Conditions:

• We’ve changed the way we calculate default interest (clause 12c)
• We’ve clarified some features of the offset account to ensure you’re aware of the features and Bank of Sydney’s interaction with your account (clause 29, 30)
• We’ve added a new section on Bank Guarantees (clause 36-45)
• We’ve added a clause that reminds you to protect access to your accounts by unauthorised users (clause 61b).

In the Lending Facilities Fees and Charges Guide:

• We’ve removed some fees that related to products that were no longer for sale
• We’ve updated when a Late Payment Fee is charged.

In the Commercial Loan Terms and Conditions:

• We’ve expanded the notice period for terminating a facility from 30 to 90 days (clause 1.5b,1.5c)
• We’ve updated and expanded the detail around how and when GST is payable to Bank of Sydney (clause 1.6)
• We’ve updated when certifications, reports or finding or opinions are required by Bank of Sydney (clause 3.2)
• We’ve added a clause that reminds you to protect access to your accounts by unauthorised users (clause 3.6)
• We’ve updated the requirements for a customer in the Event of Default (clause 4.1, 4.2)
• We’ve added a new section which details how and when Variations may occur (clause 6.1, 6.2, 6.3)
• We’ve updated and detailed Terms around Bank Guarantees (clause 8.1, 8.2, 8.3, 8.4, 8.9)
• We've added a definition for Unfair Contract Laws (clause 12.1)

In the Lending Facilities Fees and Charges Guide:

• We’ve updated some fees for new customers from 23 February 2026 that are provided to customers on loan application
• We’ve changed how we calculate overdraft monthly fees/line fees
• We’ve changed how we calculate Commercial Construction line fees (new customers only)
• We’ve updated fees for Bank Guarantees
• We’ve updated the Early Repayment Fee
• We’ve updated when a Late Payment Fee is charged