Experience unmatched benefits
Unlimited standard NAB electronic transactions
Standard electronic transactions include EFTPOS and ATM transactions.
Link your accounting package
Your transaction data can feed into your accounting package to help keep you on track. You can integrate your account with accounting software, including MYOB, Xero and NAB Bookkeeper.
Support everyday
Our business bankers are here to support you seven days a week.
Fees and charges
The 15 most expensive eligible transactions are free each month. You will only be charged for banker assisted deposit or withdrawals, EBD, CDM, ECD or cheque transactions once you have exceeded the 15 free eligible transactions.
Monthly account fee
$ 10
Electronic transactions
$ 0
Unlimited electronic and NAB ATM transactions included.
Express Business Deposits (EBD), Coin Deposit Machine (CDM), Express Cheque Deposits (ECD)
$ 3 per transaction
Charged for each deposit processed via Express Business Deposit (EBD), Coin Deposit Machine (CDM) and Express Cheque (ECD) services or cheques written on an account.
PLUS an additional $3 for each cheque lodged for deposit.
Banker assisted transactions
$ 3 per transaction
Charged for each deposit or withdrawal processed by a banker over the counter at a NAB Branch or at an Australia Post Office. Plus an additional $3 for each cheque lodged for deposit.
The table below compares the fees and charges of our everyday business accounts with $0 monthly fee and a $10 monthly fee to help you choose the right account for you.
$0 monthly fee option | $10 monthly fee option | |
---|---|---|
Monthly account service fee |
$0 monthly fee option
$0
|
$10 monthly fee option
$10
|
Monthly free eligible transactions |
$0 monthly fee option
No free eligible transactions
|
$10 monthly fee option
15 free eligible transactions
|
Banker assisted deposit or withdrawal
|
$0 monthly fee option
$3 per transaction
|
$10 monthly fee option
$3 per transaction
|
Banker assisted deposit with cheque or item lodged
|
$0 monthly fee option
$3 per cheque/item
|
$10 monthly fee option
$3 per cheque/item
|
Express Business Deposits (EBD), Coin Deposit Machine (CDM), Express Cheque Deposits (ECD) Without cheque or item lodged |
$0 monthly fee option
$3 per transaction
|
$10 monthly fee option
$3 per transaction
|
Cheques and items lodged with deposit via EBD or ECD |
$0 monthly fee option
$3 per cheque/item
|
$10 monthly fee option
$3 per cheque/item
|
Cheques written (e.g. cheques written on and debited from your NAB Business account. Note, cheque books are not available for new accounts.) |
$0 monthly fee option
$3 per cheque
|
$10 monthly fee option
$3 per cheque
|
NAB ATM transactions
|
$0 monthly fee option
$0
|
$10 monthly fee option
$0
|
Mobile cheque deposits via the app |
$0 monthly fee option
$0
|
$10 monthly fee option
$0
|
EFTPOS transactions |
$0 monthly fee option
$0
|
$10 monthly fee option
$0
|
Electronic transactions
|
$0 monthly fee option
$0
|
$10 monthly fee option
$0
|
Getting started The application process
Step 1
Check your eligibility
- You are a sole trader, a partnership, a director of an Australian private company or a trustee of a trust.
- You are living in Australia and you are an Australian resident for tax purposes.
- Your ABN or ACN is active, unless you are a sole trader with no ABN.
Step 2
Apply online in less than 15 minutes
New NAB customers
If you are new to NAB or don't have an active NAB account, you'll need to provide at least two forms of ID to complete security identification.
Existing NAB customers
Provide your NAB ID and follow the application prompts to securely log into NAB Internet Banking.
Step 3
What happens after you successfully apply online?
- Your business transaction account will be opened automatically.
- Details of your new business transaction account will be sent to your nominated email address.
- Use these details to access your account in NAB Internet Banking and the NAB app.
You might also be interested in

NAB Business Visa Debit Card
With our everyday business accounts you get a feature-packed NAB Business Visa Debit Card to use for ATM withdrawals, contactless payments in store with a smartphone or wearable device, or making online purchases.

NAB Bookkeeper
Manage business finances easily with our simple, smart and powerful bookkeeping solution. Seamlessly connect to your NAB business accounts, so everything is in one place.
Discounts and benefits for business transaction account holders
With a NAB business transaction account you can enjoy discounts and benefits from our partners.
Other products to consider
Haven't found what you're looking for? Here are some other banking products that may suit your business.
NAB Business Everyday Account ($0 monthly fee)
Only pay for what you need, with this transaction account with no monthly account fee.
NAB Business Cash Maximiser Account
An online savings account to help separate your operating cash from surplus, savings or tax payment balances.
NAB Easy Tap
Learn how the NAB Easy Tap app can turn your Android device into an EFTPOS reader.
Help and support Help with your business banking
Find guides, FAQs and helpful information for managing your business banking.
New
Sole Trader Resource Centre
Visit the new Sole Trader Resource Centre to access educational content for every stage of your business – from setting up and complying with income and tax obligations – to growing your business and more.
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
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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.
Fees and charges
NAB recommends you consider the Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding these products. These products are issued by National Australia Bank Limited ABN 12 004 044 937.
- Rates, fees and charges
- Business Banking Fees – A guide to fees and charges
- NAB Business Products Terms & Conditions
Target Market Determinations for these products are available at nab.com.au/TMD.