Business Banking

BOOST YOUR BUSINESS WITH A LITTLE DOUBLE YOU

Expert business support with local know-how and flexible solutions.

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Vehicle Finance

No repayments for the first 90 days

Business Account

DOUBLE YOUR $100 FOR YOUR BUSINESS

Business Rapid Response

Help for your business when you need it most

Banking that helps you take control of your business

Westpac app

Easily switch between your business and personal banking with the Westpac app.
 

Support

Lean into the support of our business specialists, lending experts and all of our branches across the country.
 

Security

Simplify your payment process & prevent scams when paid via PayID - link your unique mobile or ABN to your business account.
 

Business Banking is simple with Westpac, let us guide you through

How do I change banks for my business banking?

Switching banks may be simpler than you think. Read our guide on switching your Business banking to Westpac to see how to switch banks in 5 simple steps.

As a sole trader or small business owner it can be tempting to use your personal bank account for company finances. But that may not be the best banking solution for your business. From clearer business tracking to simplifying tax time, check out 4 reasons to separate Business Banking from Personal.

If you’re a simple business entity such as a sole trader and you have your ID handy, it can take just a few minutes to open a business account online. More complex businesses with multiple signatories will have to go into a branch for an ID and document check. To discover the best approach for your business, check out our guide to setting up Business Banking.

Handy tips to help you start, run, and grow your business

  • Backing Business Magazine

    Read our magazine for tips on scaling your business and managing seasonal peaks, with customer stories.

  • Quarterly Snapshot

    Uncover the latest data of the economic impact on businesses and their responses.

  • Business cash flow

    Managing a healthy cash flow could help your company grow and stay financially stable.

  • A simple guide to business finance

    Learn what’s involved in getting a business loan and how to prepare if you’re considering applying.

Online Banking Help

Contact us through the Westpac App

Sign into the app, skip the automated questions and get through to the right person, fast.

Call 132 142

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Find your local banker

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Things you should know

^ $100 Welcome Offer (Welcome Offer or Offer): This Offer is available to selected customers only and is subject to eligibility requirements.

To be eligible for the $100 Welcome Offer, you must (1) open a Business One or Business One Plus transaction account (Account) (2) have deposited a minimum of $100 in a single transaction within 10 Days of account opening and (3) you must also add a payee description "WELCOME100" to the deposit transaction when transferring the $100 into your new account from another account or financial institution.

Eligibility is limited to a single offer per Account and a single offer per customer. The Offer is available to new Business One or Business One Plus transaction account customers that open a new Account during the Offer Period.  Where a Joint Account has been opened, eligibility is limited to a single offer to the primary account holder. The primary account holder is not eligible if, in the last two years, the primary account holder had held or already hold a Business One, Business One Plus, Business One Low Plan or Business One High Plan transaction account.

The $100 Welcome Offer will be provided by way of direct deposit to the newly opened Business One or Business One Plus account within 60 Business days after you meet the eligibility criteria. You are not eligible to receive the offer if you do not include the payee description of "WELCOME100" to the transfer of funds.

The Offer is available from 3rd February 2025 until 30th September 2026 (Offer Period), however, the Offer may be withdrawn or varied at any time without notice or for any reason. We may refuse to provide you or withdraw the Welcome Offer payment if, without limitation, we reasonably believe that (i) you do not comply with these Terms and Conditions or the Terms and Conditions of Business One or Business One Plus, (ii) your account is fraudulent, (iii) you are not acting in good faith, or (iv) you have closed your Business One or Business One Plus account prior to us depositing the $100 Welcome Offer into your new account. This Welcome Offer may have taxation implications. We recommend that you seek independent advice to determine any tax liability or other tax implications based on your individual circumstances. Business One and Business One Plus T&Cs also apply. Westpac Group Employees are not eligible for the Offer. 

Unless specifically defined in these Terms and Conditions, terms used here have the same meaning as those defined in the Westpac Deposit Accounts for Business Customers Terms and Conditions.  

# Interest charges will accrue and be capitalised at the end of the deferred payment period. Contract length may be extended by 3 months. Additional credit criteria may apply.

Applications for vehicle and equipment finance are subject to the Bank’s normal lending criteria. 

Any tax information described is general in nature and it is not tax advice or a guide to tax laws. We recommend you seek independent, professional tax advice applicable to your personal circumstances.