Business Account
Your income and outgoings managed your way. It’s time to get down to business.
Easy integration
Seamlessly link your banking data with Xero or MYOB.
Bank online, 24/7
Manage your money effortlessly using internet banking or our mobile app.
Visa Debit card
Easy access to your funds, wherever Visa is accepted.
Local support
Our Business Banking team is ready to help you, from right here in WA.
Back to business basics
We know that every dollar counts when it comes to running a business, so with our Business Account there’s no monthly or standard transaction fees.
And whether your business is big or small, we've got you covered. Our business transaction account is ideal for sole traders, partnerships, companies, or joint ventures.
It’s simple. It’s secure. It means business.
- Make purchases online or in-store using your Visa Debit card, including payWave
- Tap and pay securely with your smartphone using Apple Pay, Google Pay™ or Samsung Pay.
- Transfer or make payments using our mobile app or internet banking. Payments made with PayID or using Osko are received in near real-time.
- Set up bank feeds to accounting software such as Xero and MYOB.
- Free cash withdrawals at atmx terminals and all major bank ATMs across Australia.
- Use card controls to block transactions such as online, overseas or Visa payWave.
Open your account in a branch
You can open your new business account by making an appointment at your nearest P&N branch.
You’ll need to be at least 16 years of age and have your Australian driver's licence or a valid passport.
You will need to:
- have a valid ABN,
- be a sole trader, partnership, company, association, SMSF, trust, or not-for-profit, and
- be operating in Australia with an Australian address.
If you have any questions please call us on 13 25 77. We look forward to helping you.
If you don’t already bank with us you'll need to bring your Australian driver's licence or a valid Australian passport for ID.
A list of alternative identification documents is available for anyone who:
- is under 18 years of age
- is a non-resident
- doesn't have an Australian photo identity document
You will need to:
- have a valid ABN,
- be a sole trader, partnership, company, association, SMSF, trust, or not-for-profit, and
- be operating in Australia with an Australian address.
Open your account in a branch
You can open your new business account by making an appointment at your nearest P&N branch.
You’ll need to be at least 16 years of age and have your Australian driver's licence or a valid passport.
You will need to:
- have a valid ABN,
- be a sole trader, partnership, company, association, SMSF, trust, or not-for-profit, and
- be operating in Australia with an Australian address.
If you have any questions please call us on 13 25 77. We look forward to helping you.
If you don’t already bank with us you'll need to bring your Australian driver's licence or a valid Australian passport for ID.
A list of alternative identification documents is available for anyone who:
- is under 18 years of age
- is a non-resident
- doesn't have an Australian photo identity document
You will need to:
- have a valid ABN,
- be a sole trader, partnership, company, association, SMSF, trust, or not-for-profit, and
- be operating in Australia with an Australian address.
Rates & fees
A simple and hassle-free account, so you can go about your business.
Interest rates
| Tier | Interest rate | Interest calculated | Interest credited |
|---|---|---|---|
| Under $100,000 | 0.01% p.a. | Minimum monthly balance | End of month |
| $100,000 + | 0.05% p.a. |
| The basics | |
|---|---|
| Monthly fee | $0 |
| Minimum monthly balance | No |
| Everyday transactions | |
|---|---|
| Non-standard transactions | |
| EFTPOS and Visa Purchase | Free |
| Withdrawal at atmx and major bank ATMs in Australia | Free |
| Internet banking & mobile app transfer | Free |
| BPAY® transaction | Free |
| Direct debits and direct credits | Free |
| Bank@Post™ withdrawal | $3.00 |
| International ATM withdrawal | $5.00 |
| Foreign currency conversion | 3% of the transaction’s value in AUD |
Other fees and charges may apply. For more information, please read the full list of account fees and charges.
Need business banking help?
Get in touch
Call us on 13 2577 or visit a branch for help with your business account or everyday business banking
Got a question?
For a new business loan enquiry you can enquire online and specialist will call you back.
Contact a Relationship Manager
For help with business lending, property and commercial management.
Your business account questions answered
You can open your new account by making an appointment at your nearest P&N branch.
You will need to:
- have a valid ABN,
- be a sole trader, partnership, company, association, SMSF, trust, or not-for-profit, and
- be operating in Australia with an Australian address.
You should receive your physical Visa Debit card by mail within 7-10 business days.
If you've recently opened a new account online, you can set up your digital card straight away and use it with the digital wallet on your smartphone.
You can link your business accounts to MYOB and XERO accounting software packages.
We understand that sometimes seeing a friendly face and doing your banking in person can be nice. And we welcome you at our branches located throughout the Perth metropolitan area from Joondalup to Mandurah, and down south in Bunbury.
Use our Branch Locator to find your nearest P&N Bank branch.
Remember, there are a wide range of actions you can undertake in the mobile app or internet banking for your convenience.
Please contact us on 13 25 77 if you'd like to speak to a team member.
P&N Bank is a 'customer owned' bank which our customers and our owners are one and the same. So there’s no natural conflict with shareholders like at the listed banks.
Our customers own our bank, and that’s a good thing. It means any profits we make are used to improve our services and provide benefits to our customers and the broader WA community.
Important information
Banking and Credit products issued by Police & Nurses Limited (P&N Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply.
Read the relevant product terms and conditions before deciding if a product is right for you.
Bank@Post™ deposits and withdrawals are available only with a P&N ATM Card or VISA Card. Cheques must be made out in the name of the cardholder to be accepted at Bank@Post™ and are subject to 4 working days clearance.
BPAY® is registered to BPAY Pty Ltd ABN 69 079 137 518.