Business Account Transaction Fees

The following fees and charges apply to Business Access Accounts, Greater Business Optimiser Accounts and Business Line of Credit loan accounts and are calculated at the end of each calendar month and debited on the first business day of the next month.

  • $1.75 for each over the counter cash withdrawal
  • $3.00 for each over the counter Financial Institution Cheque withdrawal
  • $0.50 for each withdrawal at one of our ATMs
  • $0.30 for each balance enquiry at one of our ATMs
  • $1.20 for each withdrawal at a rediATM
  • $0.80 for each balance enquiry at a rediATM
  • $0.40 for each EFTPOS transaction for purchases only (excluding certain Visa Card transactions*)
  • $0.40 for each EFTPOS transaction for purchases that include a cash component
  • $0.50 for each Personal Cheque drawn on your account
  • $1.00 for each BPAY® Payment you request us to process over the counter
  • $4.00 for each overseas ATM withdrawal
  • $15.00 for each Foreign Cheque deposit
  • $0.50 per item for a cheque deposit
  • $3.00 for each deposit of an envelope containing Credit Card vouchers (Merchant Paper)
  • 1% (one percent) of the total coin amount for a coin deposit which is bagged.

    For example: if $300 of coin is deposited “bagged” the transaction fee will be $3.00 (i.e. $300 x 1% = $3.00).  

  • 2% (two percent) of the total coin amount for a coin deposit which is not bagged.
    For example: if $100 of coin is deposited “not bagged” the transaction fee will be $2.00 (i.e. $100 x 2% = $2.00).

Less:

Fee Allowance: $3.00 per month, excluding Greater Business Optimiser Accounts.

Fee Rebate: $3.00 for each $1,000.00 your Business Access, Greater Business Optimiser or Business Line of Credit Account is in credit. The rebate will be based on the minimum monthly balance in each calendar month ($10.00 per month maximum rebate on Greater Business Optimiser Accounts).

Less:

$10.00 per month Loan Link Subsidy if your account is a Business Line of Credit Account and is not operating as a debit facility only, or your account is a Business Access or Greater Business Optimiser Account and you have arranged to link your Loan Account with us to that account.

Charity / Community Based Accounts: An increased Fee Allowance of $20.00 per month will apply to the above fee structure for those accounts that qualify as a Charity / Community based account.

*If you press “Credit” when using your Visa Card for an EFTPOS purchase transaction, we do not charge fees on that EFTPOS transaction. Some merchants may not permit the "Credit" option on Visa Cards that perform only debit transactions.