Business Account

Your ASB Business Account is at the heart of your cash management. It’s where your customers send their payments, and the source of your payments to suppliers and staff.

Benefits at a glance

  • Online management of your account
  • Online accounting integration with Xero, MYOB or enterprise systems
  • Designed for your day-to-day cash management
  • Regular comprehensive statements

Is it right for my business?

This transaction account is designed for businesses with turnover of more than $2m p.a..

If your annual turnover is less than $2m p.a., you should consider Business Focus. If it's more than $20m p.a., it’s best to get in touch with our Corporate Banking team.

If you operate a farm or rural business you might be best suited to a Rural Account or if you’re a not-for-profit organisation our Society Account may be most suitable for your needs.

Interest rates and fees

Interest rate

Monthly base fee

If the average monthly balance is $50,000 in credit or greater, or overdrawn $50,000 or greater

If the average monthly balance is between$3,000 and $49,999.99 in credit or is between $3,000 overdrawn and $49,999.99 overdrawn

If the average monthly balance is between $2,999.99 in credit and $2,999.99 overdrawn

Electronic transaction fees

ATM withdrawal

FastNet Business bulk payment

Plus 20c per payment within the bulk payment

Bill payment and Automatic payment

Inward direct debit schedule

Plus 20c per payment within the direct debit schedule

Manual staff-assisted transaction fee

Next steps

Talk to an expert

Our business managers can help you choose the right products and services for your business.

Find an expert

Enquire online

Tell us about your business and how we can help, and one of our team will get back to you.

Enquire now

Visit a branch

Visit us at one of our many branches across New Zealand.

Find a branch

Get more with ASB

Business Overdraft

Manage your every day cash flow with confidence and have ongoing access to the funds you need, when you need them.

ASB FastNet Business

Our internet banking platform for businesses, with unlimited access-controlled users, two to sign accounts, online accounting integration and high payment volumes.

Savings On Call account

A tiered interest savings account for earning interest on your cash reserves and tax provisions, with higher interest rates for higher balances.

You might also like

Business Focus

A business banking package designed to save small businesses money and make business banking easy.

Rural Account

An everyday transaction account for farmers and other rural businesses, designed to help with efficient cash management.

Society Account

A low cost everyday account for your not-for-profit organisation.

ASB's Business, Rural and Corporate terms and conditions apply. ASB'S lending criteria apply. ASB's terms also apply to Savings on Call accounts and FastNet Business.

Business banking Business Cheque account