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Business

Business Transaction Account.

The easy way to keep your business finances under control.

Key benefits.

Tiered interest rates, calculated daily, paid monthly.
No minimum opening or ongoing balance requirements.
No monthly account keeping fees.

Great features.

  • Visa debit cards
  • Internet, Mobile and Telephone Banking
  • Batch banking options
  • eStatements, so all banking records are automatically securely stored
  • A number of free transactions, so more of your money is spent on your business not fees.
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Interest rates.

Business Transaction AccountInterest Rate (%p.a.)
$0 - $19,9990.01% p.a.
$20,000-plus0.05% p.a.

Interest is calculated daily on the whole balance and paid monthly.

Fees and charges.

Fees that don't apply

Monthly account keeping fee

Free

Direct credits

Free

Branch over the counter cash deposits

Free

ATM withdrawals^

Free

Visa purchases

Free

Osko/PAY ID fee

Free

BPAY performed using Internet, Mobile or Telephone Banking

Free

Transfers using Mobile Banking

Free

Transfers between accounts with us using Internet Banking or the Account Information Line and addressed by BSB and account number

Free

^Withdrawals and enquiries at Australian and overseas ATMs may incur an ATM operator fee charged by the ATM operator.

Fees that apply which are included in Monthly Fee Allowance

Transaction

Fee each

Eftpos purchases (inc. with or without cash out)

$0.90

Visa purchases with cashout

$0.90

Branch over the counter cash withdrawals

$3.00

Staff-assisted transfers & BPAY payments~

$3.00

PayTo payments using Internet Banking

$1.00

~Customers over the age of 70 years and transfers to Beyond Bank term deposits are exempt.

The following transctions are not included in the Business Banking Fee Allowance and are charged at the end of the month. 

Transaction

Fee each

Internet Banking external batch payment per transaction in the batch

$0.20

Direct debits

$0.50

Transfers between accounts with us using Internet Banking or the Account Information Line and addressed by PayID

$1.00

Transfers to accounts at another financial institution using Internet Banking

$1.00

Electronic external periodic payments

$1.50

Bank@Post withdrawals

$4.50

Bank@Post deposits

$2.00

Cheque deposits (per item)

$0.60

Declined EFTPOS or Visa Debit transactions*  – one free per relationship per month then:

$0.40

Visa Debit card or rediCARD overseas ATM withdrawals

$4.50

International Transaction Fee²

3.0% of the value of the transaction

View our Fees and Charges Guide for the full details of other transaction and service fees that may apply.

Business Banking Fee Allowance. 

Each Business Membership you have with us is allocated a monthly Business Banking Fee Allowance for most transaction types conducted on the accounts. 

The amount of your monthly Business Banking Fee Allowance depends on your Business Banking Portfolio Value at the end of the last day of the previous month as follows:

The Business Banking Fee Allowance only applies to Business Accounts. 

Business Banking Portfolio ValueBusiness Banking Fee Allowance
$100,000 or more$40
$40,000 to $99,999$35
Less than $40,000$20
How to apply
Talk to one of our Business Banking Specialists today.
Request appointment

Who can apply?

The Business Transaction Account is available to business customers. When you acquire this product you will automatically become a member of Beyond Bank Australia and become a part-owner of the bank.

More banking solutions.