Why a Business Plus Account?
All the bells and whistles
Perfect for businesses with scale on the horizon, Summerland Bank’s Business Plus Account is designed to meet the needs of modern business. Built to withstand high transaction volumes, and easily integrate with your accounting software, you will love its hassle-free features and flexible overdraft options.
Integrated Accounting
Making sure your bank and accounting software like Xero or MYOB are on a first name basis, for maximum efficiency and peace of mind.
Advanced Mobile Banking
Through our user-friendly mobile app, access comprehensive banking solutions and do business on the go.
Flexible Credit Options
With an extended range of credit solutions, overdraft accounts, and business loans, seamlessly cover your cash flow needs.
Dedicated Relationship Manager
Get support when you need it from our dedicated and friendly local team who cares as much about your business as you do.
Merchant Services
Tools for easy and secure payment processing, whether it’s in-person, online, or via mobile.
Robust Security
Advanced encryption, multi-factor authentication, SMS alerts, and real-time fraud monitoring to protect business assets and sensitive information.
Business Plus Account
Keep your business in check.
Integrated Accounting
Making sure your bank and accounting software like Xero or MYOB are on a first name basis, for maximum efficiency and peace of mind.
Advanced Mobile Banking
Through our user-friendly mobile app, access banking solutions and do business on the go.
Flexible Credit Options
An extended range of credit solutions, overdraft and business loans, to cover your cash flow needs.
Dedicated Relationship Manager
Get support when you need it from our dedicated and friendly local team who cares as much about your business as you do.
Merchant Services
Tools for easy and secure payment processing, whether it's in-person, online, or via mobile.
Robust Security
Advanced encryption, multi-factor authentication, SMS alerts, and real-time fraud monitoring to protect business assets and sensitive information.
Business plus account
What documents are required to open a business account?
We make it as quick and easy as possible to get started. To open a Business Plus Account, we just need a few essentials including: your Business Registration information, as well as some ID for the awesome people running the show. If you’re not sure how to get started, our friendly local team is always here to help.
Is there a minimum balance requirement?
The good news is that there’s no minimum balance requirement for our Business Plus Account. Get started with any amount and enjoy the flexibility of managing your finances your way, without the stress of maintaining a certain balance.
Can I have multiple signatories on the account?
Absolutely, you can have multiple signatories on the account. This feature is especially handy for businesses where more than one person needs access to manage the finances. Adding multiple signatories offers flexibility and ensures that you can efficiently carry out transactions even when someone is unavailable. Getting set up is straightforward, and our friendly team is always here to guide you through the process.
The legal stuff
Deposits held with Summerland Bank are protected by the Federal Government Guarantee ($250,000 cap applies – see us for details). This is general advice only and may not be right for you. Please read the Financial Services Guide and Privacy Policy and Accounts and Access Facilities & Conditions of Use before making decisions. Target market determination available on request at our branches.
Ready to get started?
If you’re ready for a braver kind of banking, here are three ways to get started with Summerland Bank.
Visit a branch
Find your closest Summerland Bank branch and our friendly local team will be ready to help.
Is there something else we can help you with?
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