Pay only for what you need

  • Make unlimited standard NAB electronic transactions View disclaimer *

  • No ATM fees within Australia at NAB ATMs.

  • Dedicated support from business bankers available seven days a week

  • Link to a NAB Business Visa Debit card at no cost

Ready to roll? Apply online within 10 minutes if…

  • You're a sole trader or company with up to two directors

  • You're the owner or director

  • You have a valid ABN/ACN and address details for all directors

  • You have two of the following: Australian Passport, Drivers Licence, Medicare Card

let's break down your fees...

$0

Monthly account fees

Embrace the flexibility of only paying for what you really need with no monthly fees.

$2.50

Banker assisted transactions

This is what you pay for each deposit or withdrawal made over the counter at a NAB branch or at Australia Post.

$0.60

Cheques

This is what you pay for each cheque or item lodged with a banker assisted, Australia Post or paper based deposit.

  • Each non-banker assisted paper based deposit and withdrawal

    $0.60

  • NAB ATM, EFTPOS and standard electronic transactions View disclaimer *

    $0

GET ROLLING IN NO TIME

  • Step 1 Apply online in less than 10 minutes if you’re a sole trader or have up to two directors in your company.
  • Step 2 Pending successful identification, you’ll then get an SMS with your NAB ID within two business days.
  • Step 3 At the same time, you’ll also receive an email containing your account details.
  • Step 4 Register for internet banking (using your NAB ID) and you’re ready to start using your account.

NOT APPLYING ONLINE? HERE'S WHAT YOU NEED TO KNOW

Choose your business type below and use our checklist to make sure you have everything you need to apply. Then take the documents to your nearest branch.

I'm a sole trader

Sole traders can apply online or in-branch.

What you'll need to apply.

Sole Trader checklist (PDF, 270KB)

As well as your business, we'll require all signatories to be identified separately.

Checklist for individuals (PDF, 269KB)

My business is set up as a company

Companies with up to two directors can apply online. If your company has three or more directors, you’ll need to visit your nearest branch.

What you’ll need to apply.

Australian Unlisted (Private) Company checklist (PDF, 271KB)

Australian Listed (Public) Company checklist (PDF, 270KB)

As well as your business, we'll require all signatories to be identified separately.

Checklist for individuals (PDF, 269KB)

My business is a partnership

You’ll need to go into your nearest branch to apply for your account.

What you’ll need to apply.

Partnerships checklist (PDF, 271KB)

As well as your business, we'll require all signatories to be identified separately.

Checklist for individuals (PDF, 269KB)

My business is part of a trust

As we need to verify more details on your trust, you’ll need to apply for your account at your nearest branch.

What you’ll need to apply.

Trusts checklist (PDF, 271KB)

As well as your business, we'll require all signatories to be identified separately.

Checklist for individuals (PDF, 269KB)

My business is set up as a different entity type

We need to verify additional details for all other entity types, so you'll need to complete your application at your nearest branch. Choose your business structure below for a tailored checklist.

As well as your business, we'll require all signatories to be identified separately.

Checklist for individuals (PDF, 269KB)

Association

Incorporated Association checklist (PDF, 272KB)

Unincorporated Association checklist (PDF, 270KB)

Registered Co-operative

Registered Co-operatives checklist (PDF, 270KB)

Foreign entity

Foreign entities checklist (PDF, 273KB)

Government body

Australian Government Body checklist (PDF, 270KB)

Foreign Government Body checklist (PDF, 270KB)

Other options to consider

NAB Business Interest Account

An interest earning account for businesses who maintain a high account balance and have a low transaction volume.

NAB Community Fee Saver

A special low-fee account for not-for-profit organisations and community groups.

We're ready to help you

Request a call back
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Sat-Sun 9am - 6pm (AEST/AEDT)

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