Business First Transact

Choose a pricing plan that fits you best, plus have the flexibility to add an overdraft if you want to.

Choose the most beneficial plan

Choose a pricing plan that’s based on the number of transactions you’d like included in your monthly^ base fee.

Pay as you go

$3.50 monthly base fee, then pay the normal account fees for each transaction.

$10 plan

$10 monthly base includes your first 40 transactions. After that, pay the normal account fees for each transaction.

$20 plan

$20 monthly base fee includes your first 80 transactions. After that, pay the normal account fees for each transaction.

Manage your money and cash flow

24-hour access

Manage and access your money 24/7 by using Internet Banking for Business, Mobile Business Banking, telephone banking, cheques, direct debits, automatic payments, EFTPOS and ATMs.

Business overdraft available^

A business overdraft could help with cash flow fluctuations. Your business can overdraw whenever you like, up to your pre-approved limit.

Interest Rates and Fees^

 Pay As You Go Plan$10 Plan$20 Plan

Credit Balance Interest Rates
Current %p.a.

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Overdraft Base Rates
Current %p.a.

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Fees

Monthly^ base or account management fee

$3.50 $10.00 $20.00
No Account Fees apply for the following Not Applicable

First 40 transactions each month. 

 Service Fees may apply.

First 80 transactions each month. 

 Service Fees may apply.

BNZ Internet Banking and Internet Banking for Business 15 Cents. Service Fees may apply. 15 Cents. Service Fees may apply. 15 Cents. Service Fees may apply.

Electronic Transactions:
(EFTPOS, Bill Payments, Direct Credits, Direct Debits, Telephone Banking , self service transactions and Automatic Payments^)

35 cents. Service Fees may apply 35 cents. Service Fees may apply 35 cents. Service Fees may apply
Manual Transactions :
(Cheques written, Freepost deposits, Store/staff assisted transactions, Express Deposit Tower deposits and ATM* (including outward and inward payments))
65 cents. Service Fees may apply 65 cents. Service Fees may apply 65 cents. Service Fees may apply
Overdraft facility fee^
0.15% per month ($5.00 minimum) 0.15% per month ($5.00 minimum) 0.15% per month ($5.00 minimum)

Unarranged overdraft fee^
Grace period applies^.

 

0.15% per month ($5.00 minimum) 0.15% per month ($5.00 minimum) 0.15% per month ($5.00 minimum)

Small Print

* Margin on application subject to BNZ lending criteria. If you go into unarranged overdraft (including if you go over your arranged overdraft limit), interest at the Bank’s Business Overdraft Base Rate plus a margin of 10.00% p.a. (unless we advise you otherwise) also applies to the debit balance. Unarranged Overdraft Fees also apply, please see our Business and Agribusiness account, service and facility fees guide for details.

  1. A ‘month’ refers to the period from the last business day of the previous calendar month to the second to last business day of the current month. Account fees are subject to change. Service fees apply.

  2. Lending criteria, overdraft establishment fee and an overdraft facility fee apply.

  3. Rates and fees are subject to change.

  4. Payments into your account from other parties by way of BNZ Internet Banking, Automatic Payment or ATM are classed as Electronic Transactions.

  5. Calculated on the overdraft limit or the actual overdraft utilised, whichever is greater. Debit interest charges also apply.

  6. The unarranged overdraft fee will not be applied to your account if your account is no longer overdrawn by 11.45pm the following business day. If you miss this window, the fee will be applied to your bank account at the end of the bank month.

Full details, TotalMoney terms and conditionscurrent Disclosure Statement and Qualifying Financial Entity Disclosure Statement may also be obtained free of charge from a BNZ store.