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.

Compare fees and charges

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
There's no charge for the 15 most expensive eligible transactions incurred for the month. Eligible transactions include banker assisted deposits or withdrawals, EBD, CDM, ECD or cheque transactions.

If an account incurs more than 15 eligible transactions within a month, the additional transactions will be charged according to the NAB Business Banking Fees – A Guide to Fees and Charges.
$0 monthly fee option
No free eligible transactions
$10 monthly fee option
15 free eligible transactions

Banker assisted deposit or withdrawal
Without cheque or item lodged
$0 monthly fee option
$3 per transaction
$10 monthly fee option
$3 per transaction

Banker assisted deposit with cheque or item lodged
In addition to deposit fee
$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
 In addition to deposit fee
$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
(e.g. Cash deposit and withdrawals, or cheques deposits made at NAB ATM)
$0 monthly fee option
$0
$10 monthly fee option
$0

Mobile cheque deposits via the app
(e.g. cheques deposited into your NAB Business account via NAB mobile app)
$0 monthly fee option
$0
$10 monthly fee option
$0

EFTPOS transactions
 (e.g. domestic debit card purchases)
$0 monthly fee option
$0
$10 monthly fee option
$0

Electronic transactions
(e.g. deposits or withdrawals via NAB Internet Banking and NAB Telephone Banking)
$0 monthly fee option
$0
$10 monthly fee option
$0

Benefits of this account

This account makes it easy to do your business banking using the NAB app or Internet Banking. Account holders can access offers and 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.

Get a free 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.

New
Get a 6-month free trial with 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. 

  • Create, send, track and manage invoices and quotes.

  • Track your income and expenses in real time.

  • Automatically reconcile transactions.
     
Enjoy a 6-month free trial
Find out more

How to apply

If you’re a sole trader or have up to two directors in your company, apply online for a NAB Business Everyday Account in just 15 minutes.

If your business is a trust, partnership or has more than two directors, you can apply online or at your nearest branch.

Eligibility to apply online

  • You are a sole trader or have up to two directors in your company.

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

  • You have at least two of the following ID documents: Australian driver’s licence, Australian passport, Medicare card or Foreign passport.

What to expect after you apply

  1. Once we've verified your identity, you’ll get an SMS with your NAB ID.

  2. You'll receive an email with your account details.

  3. Register for NAB Internet Banking (using your NAB ID) to start using your account.

Application checklists

Before you apply online or in branch, select your business type and use our checklists to make sure you have the necessary documents and information ready to go.

Apply online

Do you have everything you need to apply online? Let's get started.

Apply

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

Use our range of small business guides tools, templates and calculators to help you plan and manage your business finances.

Other ways we can help

Use our help guides, FAQs and other support services to help you manage your banking more easily.

View our help and support hub

Get in touch

Contact us

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

View all business banking contacts

Visit a NAB branch

Our business bankers are located all around Australia.

Find a NAB business banking centre

Terms and Conditions

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.

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