Society Account

ASB Society Account is a low cost everyday account for your not-for-profit organisation. It's your central tool for managing funds. It can save you money on fees, which means more of your funds can go toward achieving your goals.

Benefits at a glance

  • An everyday account with no monthly base fee
  • No fees on standard transactions
  • Free cash handling
  • FastNet Business or FastNet Classic internet banking with no monthly fee or standard transaction fees

Is it right for my business?

ASB Society Account is only available for not-for-profit organisations, such as your charity, club or church. It is not available for the likes of businesses, farms, family trusts or social clubs.

Key features

Low fees

No monthly base fee or standard transaction fees. As well as no monthly base fee or standard transaction fees for FastNet Business internet banking.

Online banking

You can either set up FastNet Classic or FastNet Business to use online banking. By using our online internet banking platform, ASB FastNet Business, you can set up several users with different levels of access. You can also operate a two-to-sign account, and your authorised users can log in to authorise payments.

Online accounting integration

You can link your Society Account to Xero or MYOB for easy account reconciliation and management.

Interest rates and fees

Interest rate

Monthly base fee

Electronic transaction fees

Manual staff-assisted transaction fees

Inward direct debit schedule (per payment)

ATM and EFTPOS withdrawals are not available for Society Account
Interest rates and fees subject to change at any time. Service charges and service fees apply.

See all Business accounts interest rates and fees.

Next steps

Enquire online

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

Enquire now

Call us

Ready to open an account for your organisation? Call us today.

0800 272 222

Visit a branch

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

Find a branch

Get more with ASB

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