No over-the-counter and electronic transactions fees1 so you can direct more funds to what matters most.
No monthly account fee means one less expense and more money raised going towards those you’re helping.
Bank online using NetBank or the CommBank mobile app, over the phone or in branch. We also have deposit ATMs for cash, cheques and coins.
Integrate your online accounting software, like Xero, MYOB, QuickBooks or Wiise with your bank account to save time on admin and manual reconciliations.
Access your money and pay for business expenses where Visa is accepted. Use Cardless Cash5 before your card arrives. Instantly lock and block your card for extra control, using the CommBank app or NetBank.
Add your card to your phone or wearable to use Apple Pay, Google Pay, Samsung Pay.
Effective 1 November 2016
The Society Cheque Account doesn't have credit interest.
See our Business Transaction Account terms and conditions for details.
Bringing the right documents to your local branch will help us get your application done as quickly as possible. Here are a few things to keep in mind:
The identification documents will be used to:
1Excludes non-Commonwealth Bank ATMs here and all ATMs overseas, EFTPOS transactions overseas, transfer group payments to third parties, international money transfers, CommBiz and NetBank service fees and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. Wholesale relationship managed customers may be notified at any time that their account is subject to transaction fees on electronic transactions and Commonwealth ATM cash withdrawals.
2A beneficial owner owns 25% or more in company shares or is responsible for the strategic or financial decisions because of their position held. For example, a CEO.
The target market for these products will be found within the product’s Target Market Determination, available here.
View Terms and Conditions for Business Transaction and Savings Accounts (PDF 396kb) and our Financial Services Guide (PDF 59kb) and consider them before making any decision about these products. This advice has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, please consider if it’s right for you. Bank fees and charges may apply.
Commonwealth Bank of Australia ABN 48 123 123 124 issues all products on this webpage.
