crypto friendly bank
National Australia Bank
Headquarters: Melbourne, Australia • Founded: 1900
About National Australia Bank
National Australia Bank is ranked #50 in the list of largest global banks by assets under management. It serves retail and corporate clients worldwide, offering standard commercial banking, wealth management, and capital markets access. Regarding digital assets, its stance is crypto-friendly, offering integrations with major exchanges and custodians.
Regulations & Trust Profile
Banking License Type
commercial bank license
Licensed/Regulated By
Australia Central Bank
MiCA Compliant (EU)
No / N/A
Deposit Insurance
Australia Deposit Insurance (up to $100,000)
Supported Services & Assets
Fees & Pricing
Account Monthly Fee
$10/mo
Crypto Trading Fee
1.5%
Wire Transfer Fee
$15
Crypto Withdrawal Fee
$5
Pricing Notes: Crypto services may require external account linking.
Pros
- Huge liquidity
- Global network
- FDIC/local deposit protection
Cons
- Rigid traditional structure
- No direct custody of crypto assets
Frequently Asked Questions
Is National Australia Bank safe for crypto?
Is National Australia Bank FDIC insured?
Yes, standard cash deposits are insured under the Australia Deposit Insurance scheme up to $100,000 or local equivalents. However, government deposit insurance schemes do not cover cryptocurrency holdings.
Does National Australia Bank support business accounts?
What countries does National Australia Bank operate in?
National Australia Bank operates primarily in Australia, and supports international clients from AU.
What are National Australia Bank's crypto fees?
Monthly account fees are $10. Crypto trading fees are 1.5%.
Can I send crypto directly from National Australia Bank?
No, National Australia Bank only supports fiat bank transfers and does not support on-chain cryptocurrency withdrawals.