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Business and rural bank accounts rates and fees

Rates, fees and charges may change.

Business Focus

Balance Interest Rate
All credit balances
Fee Type Amount
Monthly base fee
Electronic transfer between your ASB accounts (via online banking, FastPhone and ASB ATM), Fast Deposit boxes, direct credit
ATM withdrawal
EFTPOS withdrawal
Electronic one-off payment or IRD payment
FastNet Business bulk payment
Electronic bill payment
Automatic payment
Outward direct debit
Inward direct debit schedule
(per payment within the direct debit schedule)
Branch deposit to an ASB account*
Staff assisted withdrawal, transfer, IRD payment or one-off payment to an ASB account*
(via branch, contact centre, business banking centres and ASB Virtual Branch)
Cheque

Service charges and service fees apply

Business Cheque

Balance Interest Rate
All credit balances
Fee Type Amount
Monthly base fee – average monthly balance between $2,999.99dr and $2,999.99cr
Monthly base fee – average monthly balance between $3,000cr and $49,999.99cr or between $3,000dr and $49,999.99dr
Monthly base fee – average monthly balance $50,000cr or greater or $50,000dr or greater
Electronic transfer between your ASB accounts 
(via online banking, FastPhone and ASB ATM),
Fast Deposit boxes, direct credit - per card
ATM withdrawal
EFTPOS withdrawal
Electronic one-off payment or IRD payment
FastNet Business bulk payment
Per payment within the FastNet Business bulk payment
Electronic bill payment
Automatic payment
Outward direct debit
Inward direct debit schedule
Per payment within the direct debit schedule
Branch deposit to another ASB account*
Staff assisted withdrawal, transfer, IRD payment or one-off payment to an ASB account*
(via branch, contact centre, business banking centres and ASB Virtual Branch)
Cheque

Service charges and service fees apply

Society Cheque

Balance Interest Rate
All credit balances
Fee Type Amount
Monthly base fee
Electronic transfer between your ASB accounts (via online banking, FastPhone and ASB ATM), Fast Deposit boxes
ATM withdrawal
EFTPOS withdrawal
Electronic one-off payment or IRD payment
FastNet Business bulk payment (per payment within the FastNet Business bulk payment)
Electronic bill payment
Automatic payment
Outward direct debit
Inward direct debit schedule
(per payment within the direct debit schedule)
Branch deposit*
Staff assisted withdrawal, transfer, IRD payment or one-off payment to an ASB account*
(via branch, contact centre, business banking centres and ASB Virtual Branch)
Cheque

Service charges and service fees apply

Rural Cheque

No credit interest paid on Rural Cheque.

Fees apply, please talk to an ASB Rural Manager to find out more.
Service charges and service fees apply.

Business Saver

Balance Interest Rate
All credit balances
Fee Type Amount
First chargeable staff-assisted or electronic transaction each month is free.
Monthly base fee
Electronic transfer between your ASB accounts
(via online banking, FastPhone and ASB ATM), Fast Deposit boxes, direct credit
ATM withdrawal
(available at ASB ATMs if linked to a transaction account)
EFTPOS withdrawal
Electronic one-off payment or IRD payment
FastNet Business bulk payment
Per payment within the FastNet Business bulk payment
Electronic bill payment
Automatic payment
Outward direct debit
Inward direct debit schedule
Branch deposit to an ASB account*
Staff assisted withdrawal, transfer, IRD payment or one-off payment to an ASB account*
(via branch, contact centre, business banking centres and ASB Virtual Branch)
Cheque

Service charges and service fees apply

*If you are making a transfer or deposit to another New Zealand bank, an Other Bank Deposits and Transfers Service Charge will apply in place of this fee. Please see the Guide to Business Banking Fees for details.

Refer to our Guide to Business Banking Fees for other applicable fees. 

Transactions completed via FastNet Classic on business bank accounts will be charged applicable FastNet Classic fees. Please refer to the personal banking Guide to Fees.

Business banking Business and rural bank accounts rates and fees