You wouldn’t dream of buying the same stock from a different company each
month. But many businesses don’t think twice about spreading their banking
across a few banks. Bringing your banking together could be the most important
single step you take to get cash flow under control.
When you consolidate your business with a single supplier, you increase your
bargaining power by building a stronger relationship. You also cut down
paperwork and make it easier to control costs without time-consuming
reconciliations. The same thing applies to your banking.
Most importantly, by consolidating your banking you can get a complete
picture of your cash flow position, and then move funds around at will.
Five reasons to consolidate with the Commonwealth Bank
1. Track cash flow in real time
Use an online banking solution like CommBiz or NetBank
to assess your complete cash flow position at a glance, 24 hours a day.
2. Make cash work harder
With all of your banking in one place, you can transfer cash between
accounts instantly, without paying transfer fees. This means you can put spare
cash to work in a high-interest savings account link Business
Online Saver and then access it when you need to.
3. Enjoy smarter solutions
Whether you’re receiving money, paying money, borrowing money, investing
money or protecting money, our solutions are designed especially for businesses
like yours. From award winning* business banking accounts to sophisticated
financing options, we have everything you need to create a complete cash flow
solution.
- Easy-to-manage business accounts that cater for different requirements
- Payment solutions, including EFTPOS facilities, bill payment products and
industry payment services
- Flexible borrowing options to buy new equipment or fund growth
- International account management facilities, including importing and
exporting services
- You can manage all your business banking online through CommBiz, our
premium online transaction service, and NetBank, our
everyday online banking facility.
4. Get expert advice
When you bank with us, you can expect prompt, informed advice that
accommodates your unique needs. Our Business
Bankers will work with you to tailor financial solutions for every stage of
your business lifecycle and they are backed by expert teams specialising in
everything from overseas trade to asset finance and merchant solutions.
5. Choose how you do business with us, 24/7
All of our branches are ready to help with fundamental business banking and
our award winning online banking puts you in control of managing your money
online. But most importantly, our Australia-based Business Banker Contact
Centre means you can call 13 1998 any time of the night or day and speak with a
Business Banking Specialist. Doing business with us is easy, 24/7.
Switching to us is easy
Whether you’re an experienced business or just starting out, we’re ready to
help. With your Business Transaction Account our online
switching service will help transfer your regular direct debits and
credits.
