Getting started What you need to do

I'm a new NAB customer

Step 1

Check your eligibility

You're eligible if you:

  1. are a sole trader, a partnership, a director of an Australian private company or a trustee of a trust.

  2. are living in Australia and an Australian resident for tax purposes.

  3. have an active ABN or ACN, unless you are a sole trader with no ABN

Step 2

Get your IDs ready

Don't have an active NAB account? Provide at least two of the following:

  • Australian driver's licence

  • Australian passport

  • Medicare card

  • Foreign passport

Step 3

Prepare your business documents

I’m an existing NAB customer

Step 1

Check your eligibility

You're eligible if you:

  1. are a sole trader, a partnership, a director of an Australian private company or a trustee of a trust.

  2. are living in Australia and an Australian resident for tax purposes.

  3. have an active ABN or ACN, unless you are a sole trader with no ABN

Step 2

Get your IDs ready

Save time completing the application and setting up your account by providing your NAB ID and follow the application prompts to securely log into NAB Internet Banking.

Here's what you need to know:

  • Your NAB ID is an 8-to-10-digit number used to log into NAB Internet Banking.

  • You can find your NAB ID on the back of your NAB debit or credit card above the black strip.

Step 3

Prepare your business documents

Select a business bank account

Business transaction accounts

Suited to businesses that mainly bank online, enjoy free electronic and ATM transactions with this everyday transaction account.

Ideal for businesses making a large number of cash and cheque transactions, enjoy 15 free eligible transactions every month.

Business savings and term deposit accounts

An online savings account to help separate your operational cash from savings, wages, tax or BAS liabilities.

Earn interest with a secure return when you invest your surplus funds in a term deposit with flexible term options.

Get in touch

Contact us

Explore our business banking contact information and get support with a wide range of products, services and topics.

Visit a NAB branch

Our business bankers are located all around Australia.

Terms and Conditions

Target Market Determinations for these products are available at nab.com.au/TMD.

PayID is a registered trademark of NPP Australia Limited.

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