Business banking rates, fees and agreements


The following information is current from loading product data(View current rates) and is subject to change.

Business banking rates

ANZ Business Overdraft rates
ANZ Business Term and Commercial Loan floating and fixed rates
ANZ Business Flexible Facility rate
ANZ Business Premium Call account
Non-profit Organisation Current Account
Corporate indicator rate (CIR)
Business Bank indicator rate (BBIR) and Commercial Overdraft base rate
Bill Priced Term Loan Floating indicator rate
Scheme Maximum Interchange Reimbursement Fees
ANZ Domestic Card Issuing Interchange Reimbursement Fees
 ANZ Business credit cards

Lending criteria, terms, conditions and fees apply.


Fees

Business account charges
ANZ Business Current ANZ Business Flexible Facility
Fee type Pay as you Go Smart Plan Pay As You Go Smart Plan
Monthly account fee $4 $10 $4 $10
Fee for each automated transaction $0.25 $0.15 $0.25 $0.15
Fee for each manual transaction $0.65 $0.55 $0.65 $0.55
Fee waivers

Monthly account fee waived if the average daily balance for the month is $10,000 or more

Your first 50 automated transactions are waived each month

Monthly account fee waived if the average daily balance for the month is $10,000 or more

Your first 50 automated transactions are waived each month

Overdraft management fee

Monthly Overdraft management fee 0.12% (min $5).(calculated as a percentage of the agreed overdraft limit or overdrawn balance, whichever is greater).

Monthly Overdraft management fee 0.12% (min $5).(calculated as a percentage of the agreed overdraft limit or overdrawn balance, whichever is greater).

Monthly Overdraft management fee 0.0416%.(calculated as a percentage of the agreed flexi limit or overdrawn balance, whichever is greater).

Monthly Overdraft management fee 0.0416%.(calculated as a percentage of the agreed flexi limit or overdrawn balance, whichever is greater).

Overdraft /  Business Flexi application fee

A minimum amount of either $75 or 1% of the approved credit limit or increase,
whichever is greater (ANZ will advise you if the application fee is higher than
the minimum amount of $75).

A minimum amount of either $75 or 1% of the approved credit limit or increase,
whichever is greater (ANZ will advise you if the application fee is higher than
the minimum amount of $75).

New Flexi Limit: Up to $500 for owner-occupied property.  Up to 1% of loan amount with a minimum of $250.
Top up:
$250 for ANZ Home Loans.  Up to 1% of loan amount with a minimum of $250.

New Flexi Limit: Up to $500 for owner-occupied property. Up to 1% of loan amount with a minimum of $250.
Top up:
$250 for ANZ Home Loans. Up to 1% of loan amount with a minimum of $250.

Key to account transaction charges

Automated transactions

Automated transactions include EFTPOS, automatic payments, bill payments, direct debits, direct credits, transactions made at ATMs, and smart ATM deposits in New Zealand, although fees apply for using non-ANZ ATMs. They also include transactions made through ANZ Phone Banking, Mobile Phone Banking and Internet Banking.

Manual transactions

Manual transactions include cheques and transactions handled by our staff at a branch or over the phone (please note that balances and basic account enquires at a branch are free). Deposits made through an ANZ Fast Deposit Box are charged as staff-assisted transactions.

The main fees and service charges are detailed below. For details on all fees and charges, please refer to the General Terms and Conditions section.

Business account service charges

The following information is current from 29 October 2012 and is subject to change.

Service charges apply when a specific service is used, and are in addition to business account transaction charges. They are detailed below.

Business account service charges
Fee type ANZ Business Current
Account
ANZ Business Flexible Facility ANZ Business Premium Call
Account*
Cheque clearance fee $0.25 per cheque deposited $0.25 per cheque deposited $0.25 per cheque deposited (one free cheque deposit per business day)
Cash handling fee for deposits less than $3,000 per business
processing day
Waived Waived Waived
Cash handling fee for deposits of $3,000 and over per business processing day 0.25% of total cash deposited 0.25% of total cash deposited 0.25% of total cash deposited

Non-profit organizations are exempt from payment of the following fees on one ANZ Non-profit organization current account.

  • Monthly account fees.
  • Automated and manual transaction fees.
  • Automatic and Bill Payment establishment, amendment and suppression fees.
  • Cash handling fees.
  • Cheque clearance fees.

Lending criteria, terms, conditions and fees apply.

A copy of our Reserve Bank Disclosure Statement is available on this website or on request from any ANZ branch, free of charge.

* Not a transaction account
** To be charged, per customer, on the total cash amount deposited or withdrawn in any one business day.

Other Business account fees
Item Charge

Unarranged overdraft fee

Applies if we choose to let you make payments or withdrawals or we pay any cheques or take any fees or charges, when you don’t have enough money in your account. We’re lending you money you don’t have and you must repay that money as soon as possible or when we ask. We charge the fee each month if you exceed your approved overdraft limit, or your account becomes overdrawn, by more than $10, for more than one day. This is charged in addition to excess interest.

If you don't have an arranged overdraft limit or you exceed your approved overdraft limit, you will be charged an Excess Interest Rate on the amount you have exceeded your overdraft limit by. The Excess Interest Rate is our Business Overdraft Base Rate plus a margin of 15.00% p.a.

$5

Insufficient funds - Dishonour fee

Applies if we can’t pay a cheque you’ve written or we’re unable to take a direct debit or take a payment (other than a future-dated electronic payment) for any reason.

$2.50

Insufficient funds - Failed Payment fee

Applies if we can’t make a future-dated electronic payment you’ve set up and confirmed for any reason, including because you didn’t have enough money in your account.

$2.50

Our account opening and eligibility criteria apply.


Business overdrafts


ANZ Commercial Loan


ANZ Business Loan


Merchant services


ANZ FastPay


ANZ Business Flexible Facility


Business banking agreements

Effective 1 December 2016

 

General fees and terms and conditions

General fees and terms and conditions

 

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