Business account

Unlock the potential of your business

A transaction account is an essential cog in any business, providing a convenient and secure way to manage transactions at all levels of a company.

Our Business account is a straightforward solution to the high-volume transaction needs of businesses big and small. With it, you’ll enjoy no monthly access fees, an optional overdraft and a powerful online banking platform built for business.

Business account

No monthly account keeping fee

How could we work together?

Get in touch with our business banking team to chat about our product offering and how we can tailor it to your needs.

Why choose our Business account?

We know that running a business can be complicated, so we’ve created a business transaction account that’s simple. It’s the kind of account that will reward your savings while giving you the flexibility to access your cash when and where you need to.

And you can rest easy knowing you’ve got our dedicated business banking team in your corner every step of the way.

No fee

We don’t charge account keeping fees, to keep your costs down.

Secure payments

We’ll make sure you can send and receive payments quickly and easily.

Integration options

We’ve set up easy integration with accounting software like MYOB and Xero.

A perfect partner in business banking

We’ve stripped back the fluff and focused on the features that really make a difference. No more demanding conditions or confusing requirements – just the tools and support you need to keep your business running smoothly.

Browse features

Business account

No monthly account keeping fee1
Visa Debit card available2
Payroll processing
Integration with accounting software including MYOB and Xero
Optional overdraft account
Dynamic Sweep facility to avoid unnecessary dishonour fees

Understand our rates & fees

 

Interest rates

Account balanceInterest rate
$1+0.01% p.a.

Account fees1

ActionCharge
Deposit by cheque$0.30 per cheque
Withdrawal - Member cheque$0.80
Withdrawal - Bank cheque (at branch)$5.00
Electronic transfer at branch$2.00
Withdrawal - EFTPOS$0.50
Rejection - EFTPOS$0.50
Payroll processing conducted online (via iBank)Free
Manual / in branch external payroll processing for a business account with Hume Bank$7.50 per payroll < 20 transactions $10.00 per payroll >= 20 transactions
Manual / external payroll processing for a business account not with Hume Bank$20.00 per payroll

Get the ball rolling

We love helping local businesses do their thing. If you think banking with us might be the right choice, get in touch – online, in a branch or on the phone. Our business banking team is ready and waiting to hear from you!

Banking built for business

Business banking can be rough – but it doesn’t have to be! Whether you’re a sole trader or a company with more complex needs, we’ve got you covered with great resources and friendly, professional support.

Things you should know

Rate, fees and charges and other information correct as at 15 October 2024 and may change without notice.

Terms, conditions, fees, charges and eligibility criteria apply.

Please read the Product Disclosure Statement and Fees & Charges and consider whether this product is right for you. Also available in branch or at 1300 004 863.

To view the Target Market Determination for this product go to Target Market Determinations.

Unapproved debit balances incur interest at 15.90% p.a. calculated daily on full closing balance and debited on the last calendar day of each month.

Download a copy of our Business Accounts Rates. Find out how to reduce your fees and charges.

Chequebook access only available for individuals over 18 years of age on accounts that have an existing cheque facility attached.

1 Non-standard fees may apply – refer to ’non-standard fees and charges’ in our Fees & Charges Document for details.

2 Visa Debit card is available on this account free of charge. Transaction fees may still apply.