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Compare all business bank accounts

Everyday account

Interest earning account

Business purpose

Monthly Plan Fee/ Monthly Service Fee

Transaction value

Earn interest on business funds

Biz Invoice 

 

Create and send professional invoices with ease. Biz Invoice lets you track, reconcile, and send payment reminders.

 

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 398KB)

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

Important Information Document (PDF 119KB)

 

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.

 

* Open a new Business One - Low Plan account online between 3rd June and 31st July 2019 to receive a $0 Monthly Plan Fee for the first 12 months. At the end of the 12 month period the standard Monthly Plan Fee at that time, currently $10, applies to the Business One Low Plan. Other fees and charges, terms and conditions, apply to the Business One Low Plan. This offer may be repeated from time to time, withdrawn, varied or extended at any time.  This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors and read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement at https://www.westpac.com.au/business-banking/bank-accounts/, before deciding. © Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.