Westpac Agribusiness One transaction account
Essentials
- A great value business transaction account
-
Enhance your account with a Business Debit
MasterCard ® or an optional line of credit 1 - Monthly plans start from just $6.50
- Choose a plan according to the number of transactions you make
- The High Plan earns interest of up to 1.75% p.a. 2
- Full access to your funds using ATM, cheque, branch, Business Online Banking and Business Telephone Banking
- Pay your bills using BPAY ®, direct debit or periodical payments
- Paperless eStatements available.
Things you should know
- 1.Fees and charges may be payable. See full Terms and Conditions. These may be varied or new Terms and Conditions introduced in future. Any line of credit application will be subject to the Bank's normal lending criteria.
- 2.Credit interest is not available on the Westpac Agribusiness One - Low Plan.
- BPAY ® Registered to BPAY Pty Ltd ABN 69 079 137 518.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - BPAY ® Registered to BPAY Pty Ltd ABN 69 079 137 518.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
Features
More about your transaction account, Westpac Agribusiness One
Choose the plan to suit your business transaction needs - either a Low or High Plan depending on the amount of transactions you make.
Low Plan
For a low monthly fee of $6.50, you get $15 worth of transactions included each month.
High Plan
For a monthly fee of $15, you get $45 worth of transactions included each month, competitive interest rates up to 1.75% p.a. on credit balances, and cheaper electronic and cheque transactions.
Negotiator Plan 1,2,3
In some cases, customers with a high balance or a high number of transactions each month may negotiate the fees and interest rate via their Relationship Manager.
Each plan allows the following:
- Access to a Business Debit MasterCard ®
- Access to an optional line of credit 4or a term and repayment loan, subject to our lending criteria (fees and charges apply).
You can switch between plans
If the number of transactions you make changes, simply switch between plans.
Which plan is best for you?
Use our Plan Selector Tool or call 132 142 to talk to your Relationship Manager.
Things you should know
- 1.Excess transaction fees for Westpac Business One - Negotiator Plan are by agreement.
- 2.Eligibility criteria apply to Westpac Business One - Negotiator Plan. For more details contact your Relationship Manager or call Westpac Business on 132 142.
- 3.Credit interest is not available on the Westpac Agribusiness One - Low Plan.
- 4.Fees and charges may be payable. See full Terms and Conditions. These may be varied or new Terms and Conditions introduced in future. Any line of credit application will be subject to the Bank's normal lending criteria.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
Fees
| Fee | Low plan | High plan | Negotiator plan1 |
| Monthly plan fee | $6.50 | $15 | Nil |
| Monthly allowable transaction value 2 | $15 | $45 | Nil |
| Self-service (electronic) deposits/withdrawals 3 | 20c per transaction | 14c per transaction | Price on application |
| Cheques written/deposited 4 | 60c per cheque | 50c per cheque | Price on application |
| Staff assisted deposits and withdrawals 5 | $1 per transaction | $1 per transaction | Price on application |
| eStatements | NIL | NIL | NIL |
Things you should know
- 1.Excess transaction fees for Westpac Business One - Negotiator Plan are by agreement.
- 2.Monthly allowable Transaction Value represents the value of transactions available under this plan. For example if you pay a $6.50 monthly plan fee you can access $15.00 worth of transactions. Unused value cannot be transferred or refunded.
- 3.EFTPOS and ATM withdrawal fees are not applicable if your business account does not have card access.
- 4.A deposit to an account with two cheques will count as three transactions, one for the deposit (which is charged as a branch transaction) and one for each cheque lodged because each item requires individual processing.
- 5.The branch staff assisted electronic fee is applicable if your business account does not have card access.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format.
Plans
Use our Plan Selector Tool to see which plan best suits you.
| Westpac Agribusiness One - Low Plan | Westpac Agribusiness One - High Plan | Westpac Agribusiness One - Negotiator Plan 1 | |
|---|---|---|---|
| Key features | |||
| Monthly plan fee | $6.50 | $15 | Nil |
| Monthly allowable transaction value 2 | $15 | $45 | Nil |
| Interest payable | No 3 | Yes | Yes |
| Line of credit | Yes | Yes | Yes |
| Excess transaction fees | |||
| Self-service (electronic) deposits/withdrawals 4 | 20c | 14c | Price on application |
| Cheques written/deposited 5 | 60c | 50c | Price on application |
| Staff-assisted deposits/withdrawals 6 | $1 | $1 | Price on application |
| Interest rates p.a. 7 | |||
|
$0 - $1,999 |
Nil | 0.00% |
Price on application 8 |
| $2,000 - $9,999 | Nil | 0.01% |
Price on application 8 |
| $10,000 - $19,999 | Nil | 0.05% |
Price on application 8 |
| $20,000 - $49,999 | Nil | 0.45% |
Price on application 8 |
| $50,000 - $99,999 | Nil | 0.55% |
Price on application 8 |
| $100,000 - $249,999 | Nil | 0.70% |
Price on application 8 |
| $250,000 - $499,999 | Nil | 1.15% |
Price on application 8 |
| $500,000 plus | Nil | 1.75% |
Price on application 8 |
| Account access | |||
| Cheque access | Yes | Yes | Yes |
| Credit card/ Business Debit MasterCard ® | Yes | Yes | Yes |
| Business Online and Telephone Banking | Yes | Yes | Yes |
| eStatements | Yes | Yes | Yes |
| BPAY ®(bill payments) | Yes | Yes | Yes |
| Periodical payments | Yes | Yes | Yes |
| Direct debits/credits | Yes | Yes | Yes |
Things you should know
- 1.Eligibility criteria apply to Westpac Business One - Negotiator Plan. For more details contact your Relationship Manager or call Westpac Business on 132 142.
- 2.Monthly allowable Transaction Value represents the value of transactions available under this plan. For example if you pay a $6.50 monthly plan fee you can access $15.00 worth of transactions. Unused value cannot be transferred or refunded.
- 3.Credit interest is not available on the Westpac Agribusiness One - Low Plan.
- 4.EFTPOS and ATM withdrawal fees are not applicable if your business account does not have card access.
- 5.A deposit to an account with two cheques will count as three transactions, one for the deposit (which is charged as a branch transaction) and one for each cheque lodged because each item requires individual processing.
- 6.The branch staff assisted electronic fee is applicable if your business account does not have card access.
- 7.The interest rates shown do not apply if you have a netted interest arrangement or set-off agreement. Credit interest, where applicable, is calculated daily and credited to the account monthly in arrears, on the last business day of each calendar month. Balances in your account on and after the last business day of the month, including deposits made to your account on or after the last business day of the month, will not be included in the interest calculation for that month, but the interest calculation for the following month. Interest is only payable on the amount of the closing daily balance in excess of $2,000. For example, if a customer's closing daily balance was $10,000, interest will be calculated on $8,000.
- 8.Credit interest rates for Westpac Business One - Negotiator are by agreement.
- BPAY ® Registered to BPAY Pty Ltd ABN 69 079 137 518.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - BPAY ® Registered to BPAY Pty Ltd ABN 69 079 137 518.
- MasterCard ® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
Rates
| Amount | Low Plan - interest rate p.a. 1 | High Plan - interest rate p.a. 1 | Negotiator Plan - interest rate p.a. |
|---|---|---|---|
| $0 - $1,999 | Nil | 0.00% | Price on application 2 |
| $2,000 - $9,999 | Nil | 0.01% | Price on application 2 |
| $10,000 - $19,999 | Nil | 0.05% | Price on application 2 |
| $20,000 - $49,999 | Nil | 0.45% | Price on application 2 |
| $50,000 - $99,999 | Nil | 0.55% | Price on application 2 |
| $100,000 - $249,999 | Nil | 0.70% | Price on application 2 |
| $250,000 - $499,999 | Nil | 1.15% | Price on application 2 |
| $500,000 plus | Nil | 1.75% | Price on application 2 |
Things you should know
- 1.The interest rates shown do not apply if you have a netted interest arrangement or set-off agreement. Credit interest, where applicable, is calculated daily and credited to the account monthly in arrears, on the last business day of each calendar month. Balances in your account on and after the last business day of the month, including deposits made to your account on or after the last business day of the month, will not be included in the interest calculation for that month, but the interest calculation for the following month. Interest is only payable on the amount of the closing daily balance in excess of $2,000. For example, if a customer's closing daily balance was $10,000, interest will be calculated on $8,000.
- 2.Credit interest rates for Westpac Business One - Negotiator are by agreement.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format.
