Business Accounts | Cheque Account - NBS

Straightforward money management so you can focus on what's
happening in your business

Take advantage of pay-as-you-go options.
Manage your accounts and cards 24 hours a day, seven days a week online and use your mobile to manage key tasks while you’re on the move.
Make the most of local managers who understand your cash flow needs.
This account is eligible as part of the Depositor Compensation Scheme (DCS). Learn what other NBS accounts are eligible.

NBS Cheque interest rates – business
No interest paid on credit balances	0.00% p.a.
Interest rates are subject to change.

NBS business transaction accounts
NBS Mobile Banking app and NBS Internet Banking fee	$0.20
EFTPOS withdrawal	$0.50
Other bank ATM transaction fee	$1.50
Automatic payment and direct debit withdrawal fee	$0.20
Staff assisted transactions (includes cash withdrawals and external transfers)	$0.50
Fees are subject to change.

NBS overdraft facility interest rates
NBS Personal Banking interest rate	7.49% p.a.
NBS Business Banking interest rate	from 10.49% p.a.
NBS Rural Banking interest rate	from 10.49% p.a.
Interest rates are subject to change.

NBS Business overdraft fees
Overdraft establishment fee	1.00% (minimum charge $50.00)
Overdraft facility fee (arranged)	0.18% of the limit per month (minimum charge $5.00)
Default interest rate	15.50% p.a. above annual interest rate
Default administration fee	$25.00
Unarranged excess fee	$25.00
Insurance arrears payment fee	$25.00
Rates arrears payment	$25.00
Motor vehicle security variation or security swap fee	$30.00
Duplicate statement fee	$5.00
Fees are subject to change.