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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
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.

 

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