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Compare all business bank accounts

Everyday account

Interest earning account

Business purpose

Monthly Plan Fee/ Monthly Service Fee

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Earn interest on business funds

Biz Invoice 

Create, send and manage invoices with Biz Invoice and get the chance to win a holiday for two to London#.

Are you a not-for-profit organisation?

Are you in agribusiness?

  • Business One transaction account - Fuss free everyday banking for Agribusinesses. Choose from Low or High plan depending on the number of transactions you make and your monthly balance.
  • Farm Management Deposit - Lets you build cash reserves to help better manage cash flow uncertainties. Hold farm management deposits for at least 12 months to be eligible for the taxation benefits.
Things you should know

Deposit Accounts for Business Customers Terms and Conditions (PDF 877KB)

Term Deposits & Farm Management Deposits - Terms and Conditions (PDF 3MB)

Important Information Document (PDF 119KB)

 

# Taste of London competition Terms and Conditions

Promotion opens 25.11.18 and closes 15.2.19 at 11:59pm AEDT. Entry is open to: (1) existing holders of a Westpac Business One High Account or Westpac Business One Low Account (each an “Account”); or (2) new Account holders who open an Account by: visiting a Westpac Branch; online by visiting https://www.westpac.com.au/business-banking/bank-accounts; or by calling 13 20 32; AND who send at least one invoice using the associated service, Biz Invoice through your Account, before 15th February, 2019. The prize is a “Taste of London holiday for 2” valued at approximately $21,000 comprising return business flights from the Winner’s closest Australian capital city departing 17.6.19, 5 nights’ accommodation in London; and 2 VIP tickets to the opening night of the Taste of London. Draw date is 3pm 4.3.19 at  200 Barangaroo Ave, Barangaroo.  Winner will be notified in writing on 4.3.19 and their name published in The Australian Newspaper on 11.3.19. For full terms and conditions, visit http://www.westpac.com.au/tasteoflondon-tc. Promoter is Westpac Banking Corporation ABN 33 007 457 14. Authorised under trade promotion permits: NSW LTPS/18/29226, SA T18/2080 and ACT TP 18/02110.
 

To be eligible to apply for Business Cash Reserve or Business Cash Reserve Bonus savings account, you must hold another Westpac Business transaction account(s) in the same name as the Business Cash Reserve or Business Cash Reserve Bonus savings account.
 

Westpac Community Solutions One is available for not-for-profit organisations including companies operating on a non profit or charitable basis. Westpac reserves the right, with at least 30 days written notice, to change the account to a Westpac Business One - Low Plan if it considers that the account is being used for profit-making purposes.
 

24/7 access is subject to system availability.
 

To be eligible to apply for Community Solutions Cash Reserve or Community Solutions Cash Reserve Bonus savings account, you must hold another Westpac Community Solutions One account(s) in the same name as the Community Solutions Cash Reserve or Community Solutions Cash Reserve Bonus savings account.

Tax information is only a guide. It's important to obtain independent expert tax advice.