Community banking products
Like to reduce fees (even pay no fees), earn competitive interest or streamline payment collections? Whether you're after credit, savings, transactional or merchant products, your linked Westpac accounts ensure fast efficient management and transfers of funds.
Reduced or no fee products for Not for Profits
- Community Solutions Cheque account - For the service you provide for the community, it makes sense to us to waive the monthly account keeping fees and to pay you interest on your credit balances.
- Community Solutions Cash Reserve account - Earn interest on the very first dollar you deposit, right up to a variable rate of 0.70% p.a. on balances of $10,000 or more.
- Community Solutions Cash Reserve Bonus account - An online-only savings account that rewards community groups and NFPs with a bonus interest rate when no withdrawals are made in a month.
Plus, save on establishment fees with any of our Merchant EFTPOS solutions. And receive funds the same day when you nominate a Westpac settlement account.
Collect payments online easily
Donations and membership fees are the lifeblood of community and Social Sector organisations. That's why we're committed to providing you with simple Not for Profit merchant solutions to collect funds, including:
- PayWay: Enable secure donations and payments via your website
- Mobile EFTPOS 1: Lets you collect donations on the go
- Stand-alone EFTPOS 1: For everyday donations at your premises.