Online banking solutions comparison
Regardless of your business structure and needs, we have an online banking solution that will suit you. Our comparison table below can help you identify which solution best meets your needs. Or, you can answer some simple questions in our banking selector tool.
| NetBank | CommBiz | |
| At a glance | ||
| An easy-to-use tool for managing your business and personal finances online. | A premium online banking service designed especially for Australian businesses. | |
| Who it suits | ||
| Smaller businesses whose finances are managed by the business owners | More complex businesses whose finances are managed by multiple staff members | |
| Features | ||
| Managing users | ||
| Multiple users | No | Yes |
| Transaction authorisation | Multi-level, customised authorisation | |
| Customised permissions | Can assign permissions against individual users | |
| Viewing financial information | ||
| Real time balances | Yes | Yes |
| Transaction history | 24 months | 15 months |
| Account netting functions | The viewing of a Group Limit Facility | |
| Paying suppliers and staff | ||
| Direct Credit | Yes | Yes |
| BPAY® | Yes | Yes |
| International Money Transfers | Yes | Yes |
| Scheduled payments | Yes | Yes |
| Multiple payees | Yes | Yes |
| Priority same-day payments |
If performed as IMT - fee applies and currency cut-off applies |
Yes |
| GDES payments | Yes | |
| Address book | Yes | Yes |
| Payment templates | Yes | |
| Transaction limits | Maximum limit of $100,000 a day for transfers to other financial institutions | No daily limit |
| Receiving money from customers | ||
| Receivables information | Yes | |
| BPAY® biller information | Yes | |
| Direct debit | Yes | |
| Importing and exporting | ||
| Import files from my accounting system to pay suppliers or staff | Yes | Yes |
| Export my data to an accounting system | Yes | Yes |
| Import multiple BPAY payments as an electronic file | Yes | |
| Import an address book | Yes | Yes |
| Import priority payment files | Yes | |
| Import files of internal payments | Yes | |
| Services | ||
| Change an account address | Yes (domestic account only) | Yes |
| Printed PDF printed reports for account history | Yes | |
| View online statements | Yes | Yes |
| Maintain your commercial cards | Yes | |
| Stop cheques | Yes | Yes |
| Order cheque books | Yes | Yes |
| View images of my transactions | Yes | |
| Security | ||
| 128-bit SSL encryption | Yes | Yes |
| Security tokens | Optional | Standard |
| Find out more | ||
| Find out more about NetBank | Find out more about CommBiz | |
-
Important information
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. Terms and conditions issued by Commonwealth Bank of Australia for CommBiz and NetBank are available on request. If you have a complaint, the Bank's dispute resolution process can be accessed on 13 2221.
CommBiz help
- 13 2339
(24 hours a day, 7 days a week) - +61 2 9115 1479
(International callers) - Email CommBiz Help Desk
- CommBiz FAQs
NetBank help
- 13 2828 (24 hours a day, 7 days a week)
- Email NetBank helpdesk
- NetBank FAQs
CommBiz related information
NetBank related information
Did you Know?
Our new CommBiz features help you to manage your business finances more effectively.
