At a glance
NetBank
- An easy-to-use tool for managing your business and personal finances together
- For smaller businesses whose finances are managed by the business owners
- Works with the CommBank app so you can bank on the go
CommBiz
- Online business banking with state-of-the-art security features
- Suits businesses whose finances are managed by multiple staff members or have a need for payment rules
- Works with CommBiz Mobile so you can bank on the go
Security
Feature
NetBank
CommBiz
Security token
NetCode SMS or app notifications
Physical security token or eToken on CommBiz Mobile App
Making or receiving payments
Feature
NetBank
CommBiz
Transfers, BPAY and international money transfers
Yes
Yes
Import payment files
ABA
ABA, BPAY
View transactions and statements
Feature
NetBank
CommBiz
Transaction history
24 months
15 months
View cheque images
-
Yes
Online statements
Up to 7 years
Up to 7 years
Manage your accounts and services2
Feature
NetBank
CommBiz
Business accounts and lending
Yes
Yes
Corporate cards
View transactions and statements
View transactions, statements and manage your Corporate card facility eg add new cardholders
Merchant statements
Available for sole traders and sole director companies only
Yes
BPAY biller reports
-
Yes
Direct debit
-
Yes
Sharing access with others
Feature
NetBank
CommBiz
Access for authorised signatories and cardholders
Yes
If added as CommBiz Authoriser
Custom user permissions eg view only
-
Yes
Transaction authorisation rules
As per account authority
Multi-level custom Electronic Account Authority
Authorise 2-to-sign payments
When both signatories are together at the same time
Authoriser can log on to approve at their convenience
Things you should know
1You can change your limits in NetBank or the CommBank app at any time. If you need a higher limit than you're able to set, call us on 13 2221. Limits above apply to relationship managed customers. If you don't have a relationship manager see your maximum limits here.
2Product or services is required
As this advice has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on this advice. Terms and conditions issued by Commonwealth Bank of Australia. View our Financial Services Guide . If you have a complaint, the Bank's dispute resolution process can be accessed on 13 2221.
