Everyday Business Account
An everyday bank account for business members
At a glance
- Base rate
- 0.00%
Rates
The one rate Great Southern Bank publishes for this account.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableThere is no interest on this product | - | - | - | 0.00% | - | paid every 1 mo |
Fees
33 fees published, grouped by when they're charged.
While you hold it1
- Monthly Service Fee
$0 monthly account keeping fees
No fee
When you make a transaction19
- Foreign currency deposit (draft and cheque)
Charged when you deposit drafts or cheques drawn on an overseas financial institution. Please note that the foreign agent may also charge a fee. Where a single cheque or draft converts to more than A…
Varies - Periodical paymentNo fee
- Visa Domestic ("press credit") transactionNo fee
- Bank@Post DepositVaries
- BPAYVaries
- eftpos Debit Card International
Payable on all transactions made in currencies other than Australian Dollars.
Varies - eftpos purchases and cash outVaries
- Great Southern Bank Branch DepositsVaries
- Outward overseas telegraphic transfer in Australian dollars (overseas payment)
Applies when you request that funds (sent in AUD) be electronically transferred for credit to another account with an overseas financial institution. Additional fees may be deducted by other financia…
$50 - Outward overseas telegraphic transfer in foreign currency (overseas payment) performed by GSB staff
Applies when you request that funds (sent in the requested foreign currency) be electronically transferred for credit to another account with an overseas financial institution. Additional fees may be…
$20 - Outward overseas telegraphic transfer in foreign currency (overseas payment) performed in Online Banking
Applies when you request, via GSB Online Banking, that funds (sent in the requested foreign currency) be electronically transferred for credit to another account with an overseas financial institutio…
No fee - Payments using Online BankingVaries
- Staff assisted transferVaries
- Visa Debit International
Payable for all of the following transactions made using your Visa Debit Card: • All transactions made overseas, • All transactions in a currency other than Australian dollars, • All transactions mad…
Varies - Agency withdrawal
Where account holders at another credit union requests that GSB process a withdrawal on their behalf.
$15 - Bank@PostVaries
- ChequeVaries
- Great Southern Bank Branch Cash Withdrawals$2
- Overseas cash withdrawal
Applies to any cash withdrawal transaction made outside Australia.
$4.50
When particular things happen11
- Account Information Fee
Account informaton fee is payable when customer request the following: - An annual audit certificate on a Great Southern Bank account - A copy of a cheque or Visa voucher - Personal information, trac…
$20 - Arrears Letter Fee
Payable where Great Southern Bank sends you a letter in relation to arrears on your account.
$22 - Cheque Dishonour fee
Where a cheque written against your account is dishonoured for any reason.
$11 - Cheque service fee
Payable when you request the following: - Purchase of a financial institution cheque; Stop payment on a lost or stolen cheque; Special clearance on a cheque deposited to a Great Southern Bank account.
$10 - Debt Collection Fee
Costs incurred in the recovery of outstanding debts vary depending on the nature of the default. These costs are applied by the Solicitors or independent contractors engaged to undertake action to re…
Varies - Default Notice Fee
Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account.
$33 - Direct Debit Dishonour fee
Where an inward direct debit is dishonoured due to insufficient funds being in your account to meet the amount of the debit. This fee does not apply to Everyday Edge.
$0.12 - Other fees
All other Great Southern Bank fees are detailed within our Schedule of Fees
Varies - Overdrawn or Over limit fee
Payable where you exceed the actual balance or authorised limit of your overdraft facility and the debt is caused by a cheque withdrawal or electronic transaction (including ATM, EFTPOS and Bank@Post…
$6 - Replacement Visa Debit Card
Fee applies where a replacement card is requested by a customer.
Varies - Telegraphic transfer fee within Australia
Local telegraphic transfer to an account at a financial institution within Australia. Payable where you request a local telegraphic transfer to an account at a financial institution within Australia.
$35
Other fees2
- Excess coin fee
Personal accounts: Free, Business accounts & non-account holders - Under $100: Free, $100 and over: 5% of coin amount. Where coin is deposited or exchanged for notes at a GSB branch.
Varies - Telegraphic Transfer inward
Where funds are received via telegraphic transfer for credit to your GSB account, the other financial institutions involved in the transfer may charge a fee, which will be deducted from the amount of…
Varies
Features
- Account Nicknames - Add a personal touch to your personal accounts
- Mobile Banking App. For banking on the go, anywhere anytime from the convenience of your phone.
Eligibility and limits
- Available to businesses
- Opening balance $1
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Published by Great Southern Bank under the Consumer Data Right, last changed by them on 30 Apr 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.