On this page you'll find information on how to open your account or apply for finance, including the forms required for different types of business entities – like schools, sole traders and listed public companies.
Identity check
In most instances, the person submitting the application to open a Bank Australia account will need to verify their identity. You can do this by submitting certified copies of the documents outlined in this individual checklist along with your application form.
You can also complete verification online via this online verification form.
If you’re an existing Bank Australia customer, you can skip this step.
Application forms and checklists
Different business entities have different paperwork requirements when applying for a Bank Australia account. If unsure of your entity, your accountant should be able to help you.
Scroll to your entity below to find your application form. Be sure to download the checklist too so you know what to provide along with your application.
Sole trader
1. Sole Trader Entity Checklist
2. Sole Trader Application Form
Partnership
2. Partnership Application Form
Pty Ltd company
2. Pty Ltd Company Application Form
Unlisted public company
1. Unlisted Public Company Checklist
2. Unlisted Public Company Application Form
Listed public company
1. Listed Public Company Checklist
2. Listed Public Company Application Form
Unincorporated association
1. Unincorporated Association Checklist
2. Unincorporated Association Application Form
Incorporated association
1. Incorporated Association Checklist
2. Incorporated Association Application Form
Co-operative
2. Co-Operative Application Form
Local council or other government entity
1. Local Council or other Government Entity Checklist
2. Local Council or other Government Entity Application Form
Government school
1. Government School Checklist
Where to send your application
You can send it to us or drop it at a branch. See our contact page for details.
Timeframes
Once we have your application and documents, transaction accounts can be active within 24 hours. If applying for credit, a loan or overdraft, these take longer as there’s more for us to review in the application. Contact us if you’d like to find out more.
Related links
Take a look at business.gov.au or the Australian Securities & Investments Commission. The latter includes useful information on setting up a business structure.
Disclaimer
This page contains only general, descriptive information which is subject to change and is not a substitute for professional advice and/or commercial judgement, having regard to individual circumstances. No representations or warranties are made in relation to the information or any contents or their accuracy and it does not constitute advice in any form.
Bank Australia is not in any way responsible or liable for your reliance or use of the information. The information does not take into account your personal and financial needs, particular objectives and/or circumstances, and should not be relied on to make decisions. You should seek appropriate independent advice (which may include property, legal, financial, taxation and accounting advice) before making any decisions, investing, or acting on any information provided here.
You should also consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia.