After taking out a Term Deposit the bank involved has told me they do not have the capacity to accept a TFN for the Super Fund.
Will with holding tax be applied?
577 views
577 views3 replies
3 replies
577 views
3 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Check that the TD is actually in the name of the SMSF trustees, and designated as a SMSF account.
the bank involved has told me they do not have the capacity to accept a TFN for the Super Fund.
Then it would be the only bank that doesn't.
Will with holding tax be applied?
Yes
All replies
Check that the TD is actually in the name of the SMSF trustees, and designated as a SMSF account.
the bank involved has told me they do not have the capacity to accept a TFN for the Super Fund.
Then it would be the only bank that doesn't.
Will with holding tax be applied?
Yes
Hi Bruce,
Yes is in the Super Funds name.
with Corporate trustee.
The website and bank will only accept 9 digit TFNs and they insist they are not required to take a TFN so
too bad.
Agree they must be the only ADI which won't.
You find this out AFTER the deposit is opened.
Ludicrous.
Many thanks.
Featured articles
6 Feb 2026 · 4 min read time
24 Aug 2025 · 3 min read time
15 Apr 2026 · 3 min read time