Pay only for what you need

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

Charged for each deposits or withdrawal processed by a banker over the counter at a NAB Branch or at an Australia Post Office. PLUS an additional $0.60 for each cheque lodged for deposit

$0.60

Non-banker assisted transactions

Charged for each deposit processed via Express Business Deposit (EBD) and Express Cheque (ECD) services or cheques written on an account. PLUS an additional $0.60 for each cheque lodged for deposit.

Our Business Everyday Account ($0 monthly fee) has been recognised with the Canstar 5-Star Rating for the fifth consecutive year.

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.
  • 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.

Access your funds with a linked NAB Business Visa Debit card

With a Business Everyday Account you get a feature-packed Business Visa Debit card to use for ATM withdrawals, contactless payments in store with a smartphone or wearable device, or making online purchases.

Compare account fee

transaction rates
$0 Monthly Fee Option $10 Monthly Fee Option
Monthly account service fee $0 Monthly Fee Option 0 $10 Monthly Fee Option 10
Banker assisted transactions

Deposits or withdrawals made over the counter at a NAB Branch or at Australia Post. 

$0 Monthly Fee Option $2.50 per transaction View disclaimer 1 $10 Monthly Fee Option Nil
Plus

Each cheque or item lodged with a deposit

$0 Monthly Fee Option $0.60 per cheque/item $10 Monthly Fee Option Nil
Non-banker assisted transactions

Deposits processed via Express Business Deposit (EBD) and Express Cheque (ECD) services or cheques written on an account.

$0 Monthly Fee Option $0.60 per transaction View disclaimer 2 $10 Monthly Fee Option Nil
Plus

Each cheque or item lodged with a deposit

$0 Monthly Fee Option $0.60 per cheque/item $10 Monthly Fee Option Nil
NAB ATM transactions

e.g. Cash deposit & withdrawals, Non ECD Cheques
$0 Monthly Fee Option Nil View disclaimer 3 $10 Monthly Fee Option Nil
Mobile cheque deposits via the app $0 Monthly Fee Option Nil $10 Monthly Fee Option Nil
EFTPOS transactions

e.g. Debit card purchases
$0 Monthly Fee Option Nil $10 Monthly Fee Option Nil
Electronic transactions $0 Monthly Fee Option Nil View disclaimer 4 $10 Monthly Fee Option Nil
Multiple funds transfer via internet banking $0 Monthly Fee Option $0.20 per credit View disclaimer 5 $10 Monthly Fee Option $0.20 per credit View disclaimer 5

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.

I'm a sole trader

Sole traders can apply online.

What you'll need to apply.

Sole Trader checklist (PDF, 227KB)

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

Checklist for individuals (PDF, 189KB)

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, call us on 13 10 12 or request a call with a business banker.

What you’ll need to apply.

Australian Unlisted (Private) Company checklist (PDF, 229KB)

Australian Listed (Public) Company checklist (PDF, 227KB)

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

Checklist for individuals (PDF, 189KB)

My business is a partnership

You’ll need to call us on 13 10 12 or request a call with a business banker to apply for your account.

What you’ll need to apply.

Partnerships checklist (PDF, 228KB)

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

Checklist for individuals (PDF, 189KB)

My business is part of a trust

As we need to verify more details on your trust, you’ll need to call us on 13 10 12 or request a call with a business banker.

What you’ll need to apply.

Trusts checklist (PDF, 227KB)

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

Checklist for individuals (PDF, 189KB)

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 call us on 13 10 12 or request a call with a business banker. 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, 189KB)

Association

Incorporated Association checklist (PDF, 229KB)

Unincorporated Association checklist (PDF, 228KB)

Registered Co-operative

Registered Co-operatives checklist (PDF, 227KB)

Foreign entity

Foreign entities checklist (PDF, 230KB)

Government body

Australian Government Body checklist (PDF, 276KB)

Foreign Government Body checklist (PDF, 226KB)

NAB Business Everyday Account ($10 Monthly Fee)

For businesses that make a high number of online and assisted transactions.

NAB Business Cash Maximiser Account

An online savings account earning interest on every dollar when your balance is $10,000 or more.

Business Banking Offer

Make your money work for you with our latest offers for business banking

Closing your account

You or any other authorised person can request to close your account by visiting a NAB branch, calling our contact centre, contacting your banker or by providing written notice. There may be certain circumstances in which we are unable to immediately close your account, and in these cases we may request further information from you.

We're ready to help you

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