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Business Accounts Terms and Conditions

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Business Cheque, Business Cheque Plus, Superannuation and Long Service Leave, Westpac Self Super Online, Westpac Business One – High Plan, Westpac Business Cash Reserve Bonus, Business One (Security Deposit Accounts), Westpac Community Solutions Cash Reserve Bonus, and Bank Undertaking Security Deposit Account



Summary of changes, effective 18 March 2024

Section Reference Change Description
All sections Replaced references to ‘Business Telephone Banking’ to be ‘Group Telephone Banking’.
Summary of Fees and Charges
  • Removed Business Telephone Banking Account Enquiry Fee.
  • Amended footnote for Account Enquiries Business Telephone Banking.
5.1 Westpac Business One – High Plans Removed 'Business Telephone Banking fees, such as the staff-assisted enquiry fee' from Other Fees and Charges.
12.2 Additional Statement Copies Removed reference to 'subject to the free account enquiry limit from Business Telephone Banking statement summary'.

33. Use of the different types of Westpac Business Debit Mastercards

Clarified that Limited access cards may be accessed via the 'cheque'/'savings' option and entering your PIN.

Definitions Amended definition of ‘Access level’ to refer to Online Banking T&Cs or Group Telephone Banking T&Cs.