Farm First Transact

Choose a pricing plan to help keep your fees down, plus enjoy the flexibility of adding an overdraft, and accessing your money if or when you need it.

Choose a plan to keep costs down

Pay as you go

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

$10 plan

$10 base fee includes all your transactions^ (automatic payments, bill payments, direct debits, telephone banking and over-the-counter) each month.

Manage your money and cash flow

Business overdraft^

A business overdraft could help with cash flow fluctuations. You can overdraw whenever you need to, up to your pre-approved limit. What’s more, we won’t charge an overdraft facility fee.

24-hour access

Manage and access your money 24/7 by using Internet Banking, Mobile Business Banking, telephone banking, cheques, direct debits, automatic payments, EFTPOS and ATMs. You’ll receive monthly statements by post.

Rates and fees^

 Pay As You Go Plan$10 Plan
Interest rate (%p.a.)

Credit Balance Interest Rates

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Farming Overdraft Base Rates

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Fees
Monthly^ base fee $3.50 $10.00
No Account Fees apply for the following Not Applicable

All transactions each month.^

BNZ Internet Banking and Internet Banking for Business 15 cents. Service Fees may apply. No Charge. Service Fees may apply.
Electronic transactions:
(EFTPOS, Direct Debits, Direct Credits, Telephone Banking ,self service transactions & Automatic Payments)
35 cents. Service Fees may apply. No Charge. 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. No Charge. Service Fees may apply.
Overdraft facility fee No charge No charge
Same-day cleared payments See fees  
The following Service Fees are included in your $10 monthly base fee:
Automatic Payments
Bill Payments
Direct Debit
Telephone Banking
Internet Banking
Transaction Service Fees

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. Fees for Telegraphic Transfers will apply.

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

  3. Rates and fees are subject to change.

  4. 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.

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.