Compare all business bank accounts
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Everyday account |
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Interest earning account |
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Monthly Plan Fee/ Monthly Service Fee |
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$10 |
$20 |
Nil |
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Transaction value |
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Pay-as-you-go fee structure, only pay fees for transactions you make |
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Earn interest on business funds |
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Nil - Consider complementing your transaction account with a Business Cash Reserve savings account |
Nil - Consider complementing your transaction account with a Business Cash Reserve savings account |
Nil - Consider complementing your transaction account with a Business Cash Reserve savings account |
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Biz InvoiceLinked to your account, Biz Invoice lets you create, send and reconcile invoices on your mobile –and now eligible sole traders1 can let customers make credit card payments by setting up BPAY®. |
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Are you a not-for-profit organisation?
- Community Solutions One transaction account - Pay no monthly account keeping fees.
- Community Solutions Cash Reserve savings account - Earn a higher rate than your Community Solutions One whilst having 24 hours, 7 days a week convenient access via Phone or Online Banking
- Community Solutions Cash Reserve Bonus savings account - Earn bonus interest when no withdrawals are made in a month. A good companion for your Community Solutions One.
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 418KB)
Term Deposits & Farm Management Deposits - Terms and Conditions (PDF 202KB)
Important Information Document (PDF 1MB)
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.