What is a Target Market Determination?
A Target Market Determination (TMD) is a document that outlines who a product is suitable for and how the product can be distributed to customers.
The purpose of a TMD is to help us focus on our customers when designing and distributing our products.
Why have we created TMDs?
The creation of TMDs is required under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.
Bank First TMDs
You can find the TMDs for Bank First products below:
- Transaction Accounts
- Savings Accounts
- Term Deposits
- Personal Loans
- Credit Cards
- Home Loans
- Preschool accounts
- School accounts
Third party TMDs
Bank First partners with a range of third parties to provide you with additional products and services.
The TMDs for these services are located on the third party sites below: