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The best features of our Business One Flexi bank account

Pay-as-you-go for your transactions while benefitting from business-grade online banking features.

Flexible business banking

No monthly fee

Enjoy the flexibility and control to only pay for the transactions you make.


24/7 business-grade online banking1

Seamless connection with your accounting software

Set up a secure bank feed to connect your account with MYOB, Xero, Quickbooks and many other small business accounting software packages.2

Shared access with colleagues and trusted professionals

Grant account access to team members, fellow directors and accounting professionals – and manage their level of use and payment approval.3

Near instant payments4

Receive near real-time payments (via BSB and account number) when a customer’s bank also uses Osko®. You can also make it easier for your customers to pay you by registering your ABN as a PayID and linking it to your account.

Streamlined batch and regular payments

Import payees and direct debit files, create templates and save yourself time by paying bills and salaries in batches.

Convenient mobile cheque deposits

Avoid the trip to your branch by scanning and depositing cheques through your Westpac App.

Single sign in for multiple accounts

Forget having to remember numerous passwords. You can view and manage multiple accounts – including business and personal – with a single sign in.

Tax time simplified

To save time at tax time, choose convenient eStatements, connect to your accounting software, and share access with your accountant.

Safe and secure online banking

Westpac Protect™ guarantees that if your Westpac account is compromised due to internet fraud, we will repay any missing funds, provided you comply with our Ts&Cs.

Help in-branch when you want it

Banking online doesn’t mean you lose out on the services of our highly experienced business bankers. You’ll be welcomed in branch any time you’d like some help with starting, running or growing a business.


Complimentary business debit Mastercard5

Pay anywhere worldwide

Use your business debit card wherever Mastercard is accepted – to help keep track of your business purchases and expenses.

Withdraw business cash worldwide

Pay no ATM withdrawal fees at over 50,000 ATMs across Australia and the world (other fees may apply).6,7,8

24/7 fraud protection

Enjoy the peace of mind and protection of having card transactions monitored for irregular or suspicious activity.

Temporary card lock

Forget having to cancel your card when you may just have mislaid it. Temporary card lock lets you block card use for up to 15 days while you search for it.9


Apply for a Business One Flexi account online

Start your application online, then head into a branch for a quick ID check
 


Other banking services you can link your account to

The Westpac business banking partner single-bank solution is designed to support your business as you grow and evolve.

  

Business savings account

Move surplus funds from your Business One Flexi Plan account into a Business Cash Reserve savings account – to earn interest without paying a monthly fee.

Unsecured business overdraft

Support your cash flow by smoothing out the peaks and troughs of business – with a flexible line of credit attached to your new Business One Flexi account.10

Business rewards credit card

Choose an Altitude Rewards credit card or a Qantas Business Rewards credit card and earn points each time you make eligible purchases or pay government taxes.

Things you should know

Business Debit Mastercard® Terms and Conditions (PDF 145KB)


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 and consider whether the product or service is right for you.


Find out what information you need to provide to become a Westpac customer.


To be eligible to apply for Business One - Low Plan, Business One - High Plan or Business Flexi, your business must be registered in Australia.


 
1. Subject to system availability. Westpac Online Banking is subject to  terms and conditions (PDF 277KB) and may be subject to fees and charges.

2.Read the  Westpac Online Banking Terms and Conditions (PDF 277KB) before making a decision. Not all accounts are eligible to be included in a feed. These can include loan accounts and accounts requiring multiple authorisations for transactions. Bank Feed must be set up with Third Party Service Provider before it can be connected in Westpac Live. If your Third Party Service Provider does not appear in the drop down menu in Westpac Live, you may need to check that your provider is registered with Westpac. Should there be any changes in your user access or network access levels, you may need to disconnect your Bank Feed(s) as any access changes will not impact bank feeds.  The products and services offered by these Third Party Service Providers may be subject to terms and conditions and fees and charges.  Westpac does not guarantee or endorse the services or products offered by these Third Party Service Providers.
3.Read the  Westpac Online Banking Terms and Conditions (PDF 277KB) before making a decision. Not all accounts are eligible to be included in a feed. These can include loan accounts and accounts requiring multiple authorisations for transactions. Bank Feed must be set up with Third Party Service Provider before it can be connected in Westpac Live. If your Third Party Service Provider does not appear in the drop down menu in Westpac Live, you may need to check that your provider is registered with Westpac. Should there be any changes in your user access or network access levels, you may need to disconnect your Bank Feed(s) as any access changes will not impact bank feeds.  The products and services offered by these Third Party Service Providers may be subject to terms and conditions and fees and charges.  Westpac does not guarantee or endorse the services or products offered by these Third Party Service Providers.
4. Fast or near real-time payments are sent and received using Osko by BPAY and can be addressed to either a PayID or a BSB and account number. Near real-time payments require both the payer and payee to have Osko enabled accounts. Payments may take longer in some instances, such as where there is a technical interruption to the service, there is a payment to a first time payee or when the payment is caught for additional security screening. BPAY® and Osko® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.

5.Business Debit Mastercard® holders need to be at least 18 years of age, and other eligibility criteria apply.

6.
Global ATM: A 3% Westpac Foreign Transaction Fee applies to overseas debit or credit card withdrawals. A 2% cash advance fee applies to credit card withdrawals where the "Credit" option is selected. A list of Global Alliance members is available. It is important to know that the functionality to withdraw money from a linked Westpac account via Credit Card is not available when using overseas ATMs, including Global Alliance ATMs. To ensure access to Savings and or Cheque account funds when overseas please speak to us about obtaining a Debit Mastercard ®

7.
Westpac Foreign Transaction Fee: This fee will be incorporated into the $AUD transaction amount shown on your statement.  The fee charged will either be:
(a) 3% of the $AUD transaction amount where a transaction is made in foreign currency and the merchant or financial institution accepting the card is located outside of Australia (comprising of 2% Westpac Processing Fee plus 1% Westpac On-Charged Scheme Fee);
(b) 2.2% of the $AUD transaction amount where a transaction is made in foreign currency or the merchant or financial institution accepting the card is located in Australia (comprising of 2% Westpac Processing Fee plus a Westpac On-Charged Scheme Fee of 0.2%).

8. Overseas ATM cash withdrawal surcharges: Some overseas banks may also apply a surcharge to withdrawals from their ATMs. This should be drawn to your attention before you proceed with your transaction. This surcharge amount will be added to your withdrawal amount, converted to Australian dollars and debited to your account as one transaction.  Details of how to access your accounts via an ATM whilst overseas, and of the participating institutions in the Global ATM Alliance, are available in the 'A banking guide for overseas travel' brochure.  Visit your local branch, call Business Telephone Banking for further details or sign in to www.westpac.com.au/business.

9.
Card Lock will temporarily stop new transactions on your card for up to 15 days or until reactivated. The card will reactivate after 15 days if you do not cancel the card. Cards to which a temporary lock can be applied will be listed when you sign in to Mobile Banking or Online Banking and visit Lock a card temporarily under Cards services.
 
10.Westpac’s normal lending criteria applies. Fees and charges apply and are available on request.

World Mastercard®, Mastercard® and the Mastercard brand mark are registered trademarks of, and PayPassTM is a trademark of, Mastercard International Incorporated.


BPAY® and Osko® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.