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An easy and efficient way to manage your business.

Sydney Mutual Bank offers you an easy and efficient way to manage your business cash flow, ensure that you set aside the funds you need, and simplify your administration.
When you open a business account you can also open a range of sub accounts - at no extra cost. You can set up one sub account for your GST payments, another for payments to suppliers, a sub account for rent, wages, bills, promotional expenses or any other purpose you need. You receive one consolidated statement that itemises your transactions under each sub account. Everything you need to know is at a glance.

  • Up to 12 sub accounts for anything
  • Low fees or no fees
  • A business-sized cheque book
  • Manage cash flow easily

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Premier Business Account
Interest Rates
<=$9999.990% pa
>$9999.990.5% pa
Fees
Annual fee$0 
Monthly fee$6 
Features
Periodic paymentsYes 
Minimum amount$100 
Funds availableAt call 
Cheque bookYes 
ATM/EFTPOS accessYes 
Online & Phone BankingYes 
Direct Entry (Credit/Debit)Credit and Debit
Interest incomeCalculated daily, paid quarterly 
Debit cardYes 
Branch accessYes 
BPAY®Yes 
OverdraftYes 

 

 

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