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Business Max-i Direct excess transaction fees

Excess transaction fees for Westpac Business Max-i Direct1

  Westpac Business Max-i Direct
Self-service (electronic) withdrawal4 Nil2,3
Self-service (electronic) deposit Nil
Cheques written N/A
Cheques collected/deposited7 $2.50
Staff-assisted withdrawal5 N/A6
Staff-assisted deposit $2.50
Things you should know

Deposit Accounts for Business Customers (No longer available for sale) Terms and Conditions (PDF 309KB)

  1. Fees and charges may be payable. See full terms and conditions introduced in future.
  2. Unlimited transfers between other linked Westpac business accounts held by customers in the same name(s) as the Westpac Business Max-i Direct account using Business Online or automated Business Telephone Banking only
  3. Electronic withdrawals (excluding periodical payments) from a Westpac Business Max-i Direct account to an account other than a Westpac business account held in the same name are not allowed. If such a withdrawal occurs, a $5.00 fee applies per transaction. For periodical payments refer to the associated account fees and charges
  4. EFTPOS and ATM withdrawal fees are not applicable if your business account does not have card access
  5. The branch staff-assisted electronic fee is not applicable if your business account does not have card access
  6. These channels are not available, however if these transactions occur for each transaction a $5.00 fee will be incurred
  7. A deposit to an account with 2 cheques will count as three transactions, 1 for the deposit (which is charged as a branch transaction) and 1 for each cheque lodged because each item requires individual processing