Corporate and Institutional BankingCurrent Account
HSBC's primary current offering known as a Business Cheque Account is an interest bearing account aimed at meeting Corporate's daily banking needs with the flexibility of easy access and control. This account type is of particular relevance for clients with a need to conduct ACH transactions. Customer benefits include:1)Attractive Interest Rates, 2)Online access via HSBCnet and 3) Competitive fees.
At a glance
No headline figures published.
Rates
Every rate Corporate and Institutional Banking publishes for this account, 3 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed0 to 4999999.99 | - | - | - | 0.00% | - | PT3M |
| Fixed5000000 to 9999999.99 | - | - | - | 0.60% | - | PT3M |
| Fixed10000000 and above | - | - | - | 1.40% | - | PT3M |
Fees
52 fees published, grouped by when they're charged.
- When you take it out$100Cheque encashment facility - set up
- While you hold it$8.25 a monthPaper Billing Invoices
- When you close it or pay it offNo fee published
When you take it out1
- Cheque encashment facility - set up
per set-up (per branch)
$100
While you hold it1
- Paper Billing Invoices$8.25 a month
When you make a transaction48
- BPay® payments - Per BPay® payment$0.25
- Cash Handling Fees - Foreign currency - [See info]
$2.00 +1.25% of amount handled (min $20.00). On all cash withdrawals from, or deposits to, a foreign currency account
1.25% of transaction - Cash Handling Fees - Local currency - [See info]
for amounts up to $1,000.00: $2.00; for amounts greater than $1,000: $2.00 + 0.50% of amount handled
0.50% of transaction - Cheque book - charge per cheque written$1
- Cheque clearing charges per item$0.75
- Cheque Fees - Bank cheque - Other requests$25
- Cheque Fees - Bank cheque - Replacement of lost or stolen Bank cheque$25
- Cheque Fees - Bank cheque - Repurchase Bank cheque$10
- Cheque Fees - Bank cheque - Request initiated via HSBCnet
plus post/courier costs
$15 - Cheque Fees - Dishonours - cheques deposited by you
plus other bank charges
$5 - Cheque Fees - Dishonours - cheques drawn by you$35
- Cheque Fees - Stop payment request$15
- Direct Credits - Fee per credit transaction$0.25
- Direct Credits - Payment tracing (per trace)$15
- Direct Credits - Returned transactions (per item)$5
- Direct Debit Request - Return Fee per item$5
- Direct Debit Request - Trace Request (per request)$15
- Direct Debit Request - Transaction Fee$0.25
- Direct Debits - Dishonour / rejection fee$35
- Fee per transaction on the account$0.40
- Foreign Currency Notes - Bank buys and pays AUD
The applicable exchange rate is the Bank’s Note buying rate for that currency against AUD.
$10 - Foreign Currency Notes - Bank sells and receives AUD
The applicable exchange rate is the Bank’s Note selling rate for that currency against AUD.
$10 - Inward Transfers - Dishonour of foreign currency cheques
Costs from overseas banks will be passed on
No fee - Inward Transfers - Foreign currency cheques and drafts purchased
Plus costs
$40 - Inward Transfers - Foreign currency cheques and drafts sent for collection$40
- Inward Transfers - International Telegraphic Transfer (TT) receipt$10
- Inward Transfers - Local RTGS receipt$10
- Manual Standing Instructions - Non-payment due to lack of funds$35
- Manual Standing Instructions - Other Payments
Cost of Bank Cheque also applies
$5 - Manual Standing Instructions - To an account at another domestic bank$5
- Manual Standing Instructions - To an HSBC account$5
- Outward Transfers - Amendment/Cancellation/Return of remitted payment
Plus other bank’s charges
$50 - Outward Transfers - Domestic Telegraphic Transfers also known as Local RTGS [see info]
Domestic Telegraphic Transfers also known as Local RTGS or Priority Payments initiated via HSBCnet
$15 - Outward Transfers - International Telegraphic Transfers also known as Priority Payments [see info]
International Telegraphic Transfers also known as Priority Payments initiated via HSBCnet
$25 - Outward Transfers - OUR Fee charge [see info]
Plus applicable TT fee. Note: This fee is where you instruct HSBC to submit a payment with a request that all fees and charges applied by intermediary and receiving banks for their role in processing…
$50 - Outward Transfers - Overnight domestic funds transfers using ACH or autoPay via HSBCnet$0.25
- Outward Transfers - Payment tracing fee(per trace or follow up)$50
- Outward Transfers - Payments instructed via fax or in hard copy on original HSBC application form
plus applicable TT fee
$60 - Outward Transfers - Referral fee for authorisation of payment
Referral fee for authorisation of payment where the account has insufficient and/or unclear funds and no prior arrangements have been made
$50 - Outward Transfers - Telegraphic Transfer initiated via other form of instructions [see info]
Telegraphic Transfer initiated via other form of instructions (as agreed to by HSBC)
$60 - Real Time Payment ReceiptsNo fee
- Real Time Payments to accounts within HSBC Australia$0.25
- Real Time Payments$0.50
- Returned Real Time PaymentsNo fee
- Transactions through an alliance bank branch - Cheque cashing
1.5% of amount. Min $10.00.
1.50% of transaction - Transactions through an alliance bank branch - Deposits - cash
$6.00 per deposit plus 0.85% of amount
0.85% of transaction - Transactions through an alliance bank branch - Deposits - cheques
$6.00 per deposit plus $0.65 per cheque
$6 - Transfers Between Accounts - Domestic Funds transfers between accounts with HSBC via HSBCnet$0.25
When particular things happen2
- Cheque encashment facility amendment
per amendment (per branch)
$50 - Direct Debit Request - Direct Debit set up$500
Features
Eligibility and limits
None published.
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Published by HSBC Bank Australia Limited – Wholesale Banking under the Consumer Data Right, last changed by them on 9 Dec 2025. 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.