Xinja returns customer deposits in Australian first subscribe A A The prudential regulator has noted that Xinja has made history by becoming the first Australian bank to undertake a return of deposits to its customers. The Australian Prudential Regulation Authority (APRA) has released a statement following the move by Xinja Bank to relinquish its banking licence and return customer deposits. APRA outlined that Xinja Bank had transferred the remaining tail of customer deposits to National Australia Bank (NAB). According to APRA, this is the “first time an Australian authorised deposit-taking institution (ADI) has undertaken a return of deposits to its customers”.