Small business transaction account

Business First Transact is a transaction account designed for small businesses. It can help small businesses manage their cash flow and carry out everyday banking 24/7.

Open a business account

Business banking made easy

$0 monthly and transaction fees

Business First Transact is our small business account. It has no monthly account fees, and no fee for electronic or manual transactions. Service and facility fees may apply.^^

Open an account

Cash flow support

A business overdraft can help at times when expenses are high and cash flow is slow. Your business can overdraw whenever you like, up to your pre-approved limit.

More about overdrafts

Download the Mobile Business Banking app

Manage your accounts on the go with our Mobile Business Banking app. Whether you need to transfer money, pay bills, authorise payroll, or make tax payments, it’s all in one place. You can also manage your international payments and foreign exchange in the app.

Business First Transact rates and fees

Rates and fees are subject to change. Service, account, and facility fees may also apply.
*Margin on application subject to BNZ lending criteria. See our Business and Agribusiness account, service and facility fees guide PDF 146KB for details.

Depositor Compensation Scheme

Business First Transact is covered under the Government’s Depositor Compensation Scheme. The scheme covers up to $100,000 of your money in the unlikely event of a failure.