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Earn interest on business funds

Biz Invoice

Linked 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®.

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 489KB)

Term Deposits & Farm Management Deposits - Terms and Conditions (PDF 202KB)

Important Information Document (PDF 1MB)

* Open a new Business One - Low Plan account between 1st October 2020 and 30th November 2020 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 This offer may be repeated from time to time, withdrawn, varied or extended at any time. 

1.To be eligible for Biz Invoice you must be registered for Online Banking and hold a Westpac Business One Low Plan or Business One High Plan or Foreign Currency Account (excluding the Chinese Yuan RMB foreign currency account).  Terms and conditions, fees and charges apply in relation to the above accounts.This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement for Westpac's Online Banking facility, Business transaction accounts and Foreign currency account (PDF 3MB), before deciding. 

 

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.
 

BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.