Alert

Alert: Planned maintenance - Internet Banking: Sunday 14th August, 12:30am-2:30am AEST. We will be conducting important maintenance across our internet banking platform. During this time our internet banking platform will be offline. We apologise for any inconvenience. Card transactions and ATM withdrawals will be unaffected during the maintenance window. Call us on 132 888 for any questions, we're here 'til 8pm AEST or between 9am and 2pm AEDT tomorrow.

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2022-08-12 2:08 pm
Alert

Interest rate announcement - 12 August 2022. Bank Australia will increase variable home loan and commercial variable rates in response the RBA’s recent decision to raise the official cash rate. From 18 August 2022, interest rates will increase by 0.50% for variable rate owner-occupier and investor loans, while commercial variable rate loans will also increase by 0.50%. For existing home loan customers, repayment changes will be effective from 1 October 2022. Read more here.

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2022-06-21 5:06 pm
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Business payments

Explore your options for paying business bills, international suppliers and other expenses.

Who it's for

  • Sole traders
  • Partnerships
  • Pty Ltd and public companies

What it’s for

If you’re waiting for customers to pay you, our business payments features available with our transaction accounts help you move money when you need to, in Australia and overseas. 


What you get

"It was so simple to set up my business accounts with Bank Australia. Great customer service and product knowledge"
Erin, Bank Australia business customer

Cheque books and deposit books

Put your business stamp on them, and link to your business account. 

  • Option of 50 or 100 pages per book. 

Quick debit 

Transfer money to Bank Australia from accounts held at other financial institutions.

  • One-off or recurring debits
  • Defer, stop or cancel debits with 30 days written notice

Outward foreign draft

Like a bank cheque, but in a foreign currency, this is an easy, affordable way to make payments and settle transactions overseas. 

  • Security of payment because it is a non-negotiable instrument
  • Available in a wide range of currencies


International transfers

We partner with Western Union so you can send and receive payments.



Responsible banking policy


We believe that the clean money movement is *the* way forward for a sustainable and values-led banking sector. The movement is underpinned by the Bank Australia responsible banking policy – which was formed, and continues to evolve, through research and development with Bank Australia customers.

Read more

Fees and charges

Here’s what to expect with our business payments:
What it's for
Amount
Dishonor fee
$12
Cheque book fee (book of 50)
Cheque book fee (book of 50)
Online international transfer fee
$10

It pays to know. Please read the Product Disclosure Document and see all fees and charges before deciding if this account is right for you. See all rates and fees.

Money, People & Planet

See more at the Bank Australia blog

The fine print

General advice warning: In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia.

Bank Australia is committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.

® Registered to BPAY Pty Ltd ABN 69 079 137 518
® Terms, conditions, fees and charges may be applicable. Bank@Post and its device mark are registered trademarks of the Australian Postal Corporation. All rights reserved.