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rabodirect australia
Information by Research TrustFinance
RaboDirect was an online-only savings bank launched in Australia by its parent company, the Dutch multinational Rabobank. It operated on a direct-to-consumer model, without physical branches, which allowed it to offer competitive interest rates on its savings products, primarily High-Interest Savings Accounts and Term Deposits. The brand focused on a simple, secure, and straightforward approach to saving. In May 2019, Rabobank announced the closure of the RaboDirect brand in Australia to consolidate its retail offerings. The closure was finalized in early 2020, with existing customer accounts being transferred to Rabobank Australia's own online savings platform.
Australia
Industry
Financial