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1 Excludes non-Commonwealth Bank ATMs and all ATMs overseas, EFTPOS transactions overseas, transfer group payments to third parties, international money transfers and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. Separate fees apply to transactions made using NetBank and CommBiz.
2 Limit of one, up to $500 without a card withdrawal per day. CommBank app, NetBank, NetCode and account access required. Full conditions on app.
3 If you have another director and/or any shareholders who own 25% or more of your company’s shares directly or through other shareholdings, they will need to complete an online ID check as well. Your account will be created in NetBank and you’ll be able to put money into it, but you won’t be able to withdraw or transfer out of it until we’ve confirmed the identity of the other directors and/or shareholders of your company.
Consider the Terms and Conditions for Business Transaction and Savings Accounts before making any decision about this product. This advice has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness to your circumstances.
Commonwealth Bank of Australia issues all products on this page. View our Financial Services Guide.
Bank fees and charges may apply.