The Term Deposit will automatically renew for the same term at maturity unless you have nominated otherwise. 31 day notice period applies to term deposits. Interest rate only available on term deposits under AUD$2,000,000. NAB has acquired the business relating to these products from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian credit licence 238098) (“Citi”) and has appointed Citi to provide transitional services.ġInterest rate is subject to change without notice. National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”), is the issuer of Citi branded financial products. We are no longer accepting applications for Citibank Term Deposits.