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Business bank accounts

From managing your day-to-day cash flow, to maximising earnings on surplus business funds, we offer a range of business bank accounts to help ensure your money’s right where you need it to be.

Ideal for businesses¹ that mainly transact online

Open our most popular everyday business bank account online if you do most of your banking online and have less need to bank in branch.

  • Unlimited fee-free electronic transactions2
  • 30 free in-branch transactions (includes over the counter, electronic agency, and cheque deposits and withdrawals)
  • Complimentary Business Visa Debit Card
  • $10 monthly account-keeping fee.

Ideal for businesses¹ with high transactional needs

A complete everyday business bank account, ideal for customers who mainly transact electronically, but have a high number of branch and cheque transactions each month.

  • 70 free in-branch transactions (includes over the counter, electronic agency, and cheque deposits and withdrawals)
  • Unlimited fee-free electronic transactions2
  • Complimentary Business Visa Debit Card
  • $20 monthly account-keeping fee.

Access your business savings when you need them

A business savings account that allows you to set money aside for payments such as GST and other taxes.

  • Earn interest on surplus funds
  • 24/7 access via Internet and Phone Banking to a linked eligible Bank of Melbourne everyday account2
  • No account-keeping fee on this account3
  • No minimum monthly balance or deposit required.

Not sure which account you need?



ID and documents required

Most types of business - plus trusts, not-for-profits and associations - can open most Bank of Melbourne business accounts online.

New customers with two or more signatories will need an ID and document check in branch before they can start making payments from their account.

Find out what information we need from new customers


More for your business


Business bank accounts FAQs

The Detail

The information on our website is prepared without knowing your financial circumstances. Before deciding to acquire or hold a product, please read the Terms and Conditions and consider if the product is appropriate for you. The Terms and Conditions are important and we encourage you to review, save and print it. If you would like a paper copy ask at your local branch.

Conditions and fees apply.

^ Account opening criteria applies.

1. Eligible entities include sole traders, partnerships, companies, associations, self-managed super funds, trusts and not-for-profit organisations

2. Electronic transactions are Internet and Phone Banking deposits, withdrawals and transfers, Direct Debits and Credits, St.George/BankSA/Bank of Melbourne/Westpac ATM withdrawals in Australia, St.George/BankSA/Bank of Melbourne ATM deposits and mini transaction history and EFTPOS withdrawals and Business Visa Debit Card transactions. Internet and Phone Banking and Business Banking Online are subject to systems availability, daily transaction limits apply.

3. Other fees and charges may apply, including for branch access. Fees and charges may be payable on your eligible Bank of Melbourne everyday account.

4. This fee does not apply if you have a Commercial Overdraft or Business Maximiser Overdraft facility. Please see the Business Lending and Finance Facilities Fees and Charges for specific services and loan accounts booklet for the Account-keeping fee (formerly known as ‘Monthly Account Service fee’)/loan account fee that will apply to your facility. All credit applications are subject to the Bank of Melbourne’s normal lending criteria.