The Finance Algorithm
Bendigo Bank

Bendigo Business Basic Account

Businesses requiring less frequent transactions.

Savings & transaction accountsBank updated 14 Aug 2026
At a glance
Base rate
0.00%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable0.00%paid every 1 mo
§ 02 — Fees · 16
FeeTypeAmountWhenNotes
Periodical Payment by ChequePayment$3.75Existing Accounts Only. Cheque Facilities and Cheque books not available on new accounts opened from 1 August 2023
Agency WithdrawalTransaction$1.75
Bank Cheque WithdrawalTransaction$10
Bank@Post DepositTransaction$4
Bank@Post WithdrawalTransaction$4
BPAY WithdrawalTransaction$0.40
Branch TransferTransaction$1.75
Cash WithdrawalTransaction$1.75
Collection ItemTransaction$0.70
E-Banking Internal TransferTransaction$0.40
E-Banking Pay Anyone transfer incl. OskoTransaction$0.40
EFT Credit TransferTransaction$4
EFTPOS WithdrawalTransaction$0.70
Periodical Payment to Other Financial InstitutionTransaction$3.75
Phone Banking TransferTransaction$0.40
Cheque WithdrawalWithdrawal$0.70Existing Accounts Only. Cheque Facilities and Cheque books not available on new accounts opened from 1 August 2023.
§ 03 — Features
Digital banking
  • · Phone Banking (Age restrictions apply. Available subject to approval)
  • · Bulk Payments (Age restrictions apply. Available subject to approval)
  • · Pay Anyone Service (Pay Anyone is only available if you have access to Bendigo E-Banking)
  • · Automatic Payments
  • · No Monthly Service Fee
  • · Telegraphic Transfers
§ 04 — Eligibility & limits
  • · Available to businesses
  • · Opening balance $1

Published by Bendigo Bank under the Consumer Data Right, last changed by them on 14 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.