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Banking for my business

Managing your money and cash flow is core to your business success and the right business bank account and business services contribute to this, so it’s important that what you choose matches your needs.

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I want to receive payments

Being able to accept and make payments for your services or products is crucial to your business, because the quicker you are paid, the healthier your cash flow will be. Deciding what methods of payment you want to offer is key to how swiftly you’ll be paid.

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I want to receive payments from overseas

There are lots of reasons why you would want to start selling to overseas customers such as taking advantage of bigger markets. Here, you can explore options for receiving payments from overseas securely and easily.

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I want to make payments

As much as a business likes to watch the money flow in, it’s also important to ensure your key people – such as your suppliers and staff – are paid in a timely manner. It will give you a clearer picture of your business’ cash flow position and helps to avoid any disruptions.

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Things you should know

Deposit Accounts for Business Customers Terms and Conditions (PDF 514kb) (PDF 955KB)

To be eligible to apply for Business One – Low Plan, your business must be registered in Australia.

General advice: This information is general only and does not constitute any recommendation or advice. It is current at the time of publication, and is subject to change. It has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on the information, consider its appropriateness, having regard to these matters. Consider obtaining personalised advice from a professional financial adviser and your accountant before making any financial decisions in relation to the matters discussed in this document, including when considering the finance options for your business.