Corporate and Institutional Banking
Current 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.
Savings & transaction accountsBank updated 9 Dec 2025
At a glance
- Monthly fee
- $8.25
§ 01 — Rates · 3
| 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 |
§ 02 — Fees · 52
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cheque encashment facility amendment | Event | $50 | — | per amendment (per branch) |
| Direct Debit Request - Direct Debit set up | Event | $500 | — | — |
| Paper Billing Invoices | Periodic | $8.25 | Every 1 mo | — |
| BPay® payments - Per BPay® payment | Transaction | $0.25 | — | — |
| Cash Handling Fees - Foreign currency - [See info] | Transaction | 1.25% of transaction | — | $2.00 +1.25% of amount handled (min $20.00). On all cash withdrawals from, or deposits to, a foreign currency account |
| Cash Handling Fees - Local currency - [See info] | Transaction | 0.50% of transaction | — | for amounts up to $1,000.00: $2.00; for amounts greater than $1,000: $2.00 + 0.50% of amount handled |
| Cheque book - charge per cheque written | Transaction | $1 | — | — |
| Cheque clearing charges per item | Transaction | $0.75 | — | — |
| Cheque Fees - Bank cheque - Other requests | Transaction | $25 | — | — |
| Cheque Fees - Bank cheque - Replacement of lost or stolen Bank cheque | Transaction | $25 | — | — |
| Cheque Fees - Bank cheque - Repurchase Bank cheque | Transaction | $10 | — | — |
| Cheque Fees - Bank cheque - Request initiated via HSBCnet | Transaction | $15 | — | plus post/courier costs |
| Cheque Fees - Dishonours - cheques deposited by you | Transaction | $5 | — | plus other bank charges |
| Cheque Fees - Dishonours - cheques drawn by you | Transaction | $35 | — | — |
| Cheque Fees - Stop payment request | Transaction | $15 | — | — |
| Direct Credits - Fee per credit transaction | Transaction | $0.25 | — | — |
| Direct Credits - Payment tracing (per trace) | Transaction | $15 | — | — |
| Direct Credits - Returned transactions (per item) | Transaction | $5 | — | — |
| Direct Debit Request - Return Fee per item | Transaction | $5 | — | — |
| Direct Debit Request - Trace Request (per request) | Transaction | $15 | — | — |
| Direct Debit Request - Transaction Fee | Transaction | $0.25 | — | — |
| Direct Debits - Dishonour / rejection fee | Transaction | $35 | — | — |
| Fee per transaction on the account | Transaction | $0.40 | — | — |
| Foreign Currency Notes - Bank buys and pays AUD | Transaction | $10 | — | The applicable exchange rate is the Bank’s Note buying rate for that currency against AUD. |
| Foreign Currency Notes - Bank sells and receives AUD | Transaction | $10 | — | The applicable exchange rate is the Bank’s Note selling rate for that currency against AUD. |
| Inward Transfers - Dishonour of foreign currency cheques | Transaction | No fee | — | Costs from overseas banks will be passed on |
| Inward Transfers - Foreign currency cheques and drafts purchased | Transaction | $40 | — | Plus costs |
| Inward Transfers - Foreign currency cheques and drafts sent for collection | Transaction | $40 | — | — |
| Inward Transfers - International Telegraphic Transfer (TT) receipt | Transaction | $10 | — | — |
| Inward Transfers - Local RTGS receipt | Transaction | $10 | — | — |
| Manual Standing Instructions - Non-payment due to lack of funds | Transaction | $35 | — | — |
| Manual Standing Instructions - Other Payments | Transaction | $5 | — | Cost of Bank Cheque also applies |
| Manual Standing Instructions - To an account at another domestic bank | Transaction | $5 | — | — |
| Manual Standing Instructions - To an HSBC account | Transaction | $5 | — | — |
| Outward Transfers - Amendment/Cancellation/Return of remitted payment | Transaction | $50 | — | Plus other bank’s charges |
| Outward Transfers - Domestic Telegraphic Transfers also known as Local RTGS [see info] | Transaction | $15 | — | Domestic Telegraphic Transfers also known as Local RTGS or Priority Payments initiated via HSBCnet |
| Outward Transfers - International Telegraphic Transfers also known as Priority Payments [see info] | Transaction | $25 | — | International Telegraphic Transfers also known as Priority Payments initiated via HSBCnet |
| Outward Transfers - OUR Fee charge [see info] | Transaction | $50 | — | 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… |
| Outward Transfers - Overnight domestic funds transfers using ACH or autoPay via HSBCnet | Transaction | $0.25 | — | — |
| Outward Transfers - Payment tracing fee(per trace or follow up) | Transaction | $50 | — | — |
| Outward Transfers - Payments instructed via fax or in hard copy on original HSBC application form | Transaction | $60 | — | plus applicable TT fee |
| Outward Transfers - Referral fee for authorisation of payment | Transaction | $50 | — | Referral fee for authorisation of payment where the account has insufficient and/or unclear funds and no prior arrangements have been made |
| Outward Transfers - Telegraphic Transfer initiated via other form of instructions [see info] | Transaction | $60 | — | Telegraphic Transfer initiated via other form of instructions (as agreed to by HSBC) |
| Real Time Payment Receipts | Transaction | No fee | — | — |
| Real Time Payments to accounts within HSBC Australia | Transaction | $0.25 | — | — |
| Real Time Payments | Transaction | $0.50 | — | — |
| Returned Real Time Payments | Transaction | No fee | — | — |
| Transactions through an alliance bank branch - Cheque cashing | Transaction | 1.50% of transaction | — | 1.5% of amount. Min $10.00. |
| Transactions through an alliance bank branch - Deposits - cash | Transaction | 0.85% of transaction | — | $6.00 per deposit plus 0.85% of amount |
| Transactions through an alliance bank branch - Deposits - cheques | Transaction | $6 | — | $6.00 per deposit plus $0.65 per cheque |
| Transfers Between Accounts - Domestic Funds transfers between accounts with HSBC via HSBCnet | Transaction | $0.25 | — | — |
| Cheque encashment facility - set up | Upfront | $100 | — | per set-up (per branch) |
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
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.