Skip to main content Skip to log on Skip to search Accessibility at CommBank

Business / Bank accounts / Business Transaction Account / Business Transaction Account rates & fees

Fee type
Fee for $0 Monthly Account Fee option
Fee for $10 Monthly Account Fee option
Monthly Account Fee
$0
$10
Included assisted transactions, cheques and Quick Deposits.
0 included
5 included
Electronic transactions1
Deposits or transfers made at a Commonwealth Bank ATM in Australia; EFTPOS cash withdrawals or purchases in Australia; transfers or payments in Australia made via NetBank2; transfers or payments made via telephone banking without using an operator.
Free
Free
Commonwealth Bank ATM cash withdrawals in Australia
Free
Free
Quick Deposits3
Deposits made via the Quick Deposit Box or QuickCash envelope banking.
$10.00 each
$10.00 each
Cheque transactions3
Cheques written by you and negotiated through the clearing system. Cheques deposited to your account (including cheques deposited via Quick Deposits or QuickCash envelope banking).
$5.00 each
$5.00 each
Assisted transactions3
Deposits made over the counter at a CommBank branch, Australia Post office or private agency (including EFTPOB/ Bank@Post). Withdrawals made over the counter at a CommBank branch, Australia Post office or private agency (including EFTPOB/ Bank@Post). Cheques drawn on your account and cashed over the- counter at any CommBank branch. Withdrawals or transfers made via telephone banking using an operator.
$5.00 each
$5.00 each
Withdrawals at CommBank ATMs outside of Australia4
AUD $2.00 each
AUD $2.00 each
International Transactions4
When you use your Business Visa Debit Card to make a purchase (either overseas or online in Australia), and the merchant or the financial institution processing the transaction is located overseas.
3.5% of the transaction value 
3.5% of the transaction value 
Paper Statement Fee (including Ad Hoc/one-off paper statements)
Charged when you choose to receive or order paper statements
$5.00 per statement
$5.00 per statement
Non-chargeable transactions
(Transactions which do not attract transaction fees)
Debits for Bank and Government charges
Daily merchant reconciliation from Commonwealth Bank EFTPOS facility
Bank initiated transactions
Dishonour Fee
Cheques, payments and direct debits can be dishonoured (not paid) because there are insufficient cleared funds in the account to cover the amount of the cheque, payment or direct debit being processed.
$5 per dishonour
$5 per dishonour
Overdrawing
If we allow you to overdraw your account or exceed your agreed Overdraft limit, you may incur an Overdraw Fee.
$15.00
$15.00
Excess Debit Interest on Overdrawn accounts
For each day your account remains overdrawn, Excess Debit Interest will be applied. This does not apply to accounts with an overdraft limit.
16.68% p.a
16.68% p.a
Automatic Overdrawing Interest Rate
17.94% p.a
17.94% p.a
Excess Drawing Rate on Overdraft facilities
If we allow you to exceed your Overdraft limit, the Excess Drawing Rate will apply for each day your limit is exceeded (excluding Simple Business Overdraft).
16.68% p.a
16.68% p.a
Temporary Excess Fees
See Temporary Excess Fees

Things you should know

  • The Bank is progressively changing when fees are charged to this account. During the changeover period, fees will be charged either on the first business day of the month, or on the first calendar day of the month, depending on the account and if the account is transitioning on to the new banking platform. Where applicable, stamp duty and other Government charges will be debited directly from your account. For further information, please call Business Banking SME on 13 1998 - 24 hours a day, 7 days a week. The Business Transaction Account does not have credit interest.

    1 Excludes non-Commonwealth Bank ATMs in Australia and all ATMs overseas, EFTPOS transactions made overseas, online international purchases and certain international money transfers. Separate service fees may apply in some circumstances to certain transactions made via NetBank. Separate transaction and incidental fees and charges apply to transactions made via CommBiz. Please refer to our Electronic Banking Terms and Conditions (PDF 581KB), CommBiz Terms and Conditions (PDF 432KB), Business Transaction & Savings Accounts Terms and Conditions (PDF 380KB), Common Banking Services Standard Fees and Charges (PDF 64KB) and Standard fees and charges for international payments and travel funds (PDF 153KB) for further information on fees. Wholesale relationship managed customers may be notified at any time that their account is subject to transaction fees on Electronic Transactions and Commonwealth Bank ATM cash withdrawals.

    2 Separate service fees may apply in some circumstances to certain transactions made via NetBank. Please refer to our Electronic Banking Terms and Conditions (PDF 581KB) for further information on fees.

    3 At the end of each month, the Bank will rank the following transactions in the following order and transaction fees will apply to transactions above the 5 threshold:

    1. Quick Deposits - cash and cheque deposits
    2. Cheque transactions
    3. Assisted transactions

    Cheque access may not be available in some circumstances. View our current Business Transaction & Savings Accounts Terms and Conditions (PDF 380KB) for more information.

    4 A full list of access fees for international transactions and withdrawals using a Business Visa Debit Card can be found in the Business Transaction & Savings Accounts Terms and Conditions (PDF 380KB).

    More information on this product