Everyday Business Account

An everyday bank account for business members
Category: Transaction & Savings Accounts  Last Updated April 29, 2026  Effective December 31, 2019

 General Lending Rates

No product information is currently listed. Please make contact with us for more information.

 Product Features

  • Npp Enabled Additional Information: Faster, simpler, smarter payments. Send super-fast payments via online and mobile banking with the New Payments Platform (NPP).
  • Notifications Additional Information: Alerts that will notify you of account and card transactions, as well as online banking activity. Setting alerts can help you identity fraudulent activity on your account, and notify you when funds are deposited or your funds are low.
  • Offset Additional Information: Our Mortgage Offset Facility may only be established on qualifying loans.
  • Other Additional Information: Account Nicknames - Add a personal touch to your personal accounts
  • Other Additional Information: Mobile Banking App. For banking on the go, anywhere anytime from the convenience of your phone.
  • Digital Banking Additional Information: Wherever you are in the world, Great Southern Bank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
  • Overdraft Additional Information: Overdraft Facility. Please contact us for facilities available.
  • Digital Wallet Additional Information: Pay with your Apple(TM) device using Apple Pay.
  • Digital Wallet Additional Information: Pay with your NFC capable Android(TM) devices using Google Pay.
  • Digital Wallet Additional Information: Pay with your Samsung device using Samsung Pay.
  • Card Access

 Product Eligibility

  • Business

 Bank Fees and Charges

  • Telegraphic Transfer Fee Within Australia (Event), Amount: 35.00. Additional Information: 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.
  • Agency Withdrawal (Withdrawal), Amount: 15.00. Additional Information: Where account holders at another credit union requests that GSB process a withdrawal on their behalf.
  • Replacement Visa Debit Card (Event), Amount: 10.00. Additional Information: Fee applies where a replacement card is requested by a customer.
  • Foreign Currency Deposit (draft And Cheque) (Deposit), Amount: 15.00. Additional Information: 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 AUD $5,000, Western Union Business Solutions charge a handling fee of $65.00.
  • Outward Overseas Telegraphic Transfer In Foreign Currency (overseas Payment) Performed By Gsb Staff (Transaction), Amount: 20.00. Additional Information: 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 deducted by other financial institutions involved in the transfer. GSB does not have control over these fees.
  • Outward Overseas Telegraphic Transfer In Foreign Currency (overseas Payment) Performed In Online Banking (Transaction), Amount: 0.00. Additional Information: 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 institution. Additional fees may be deducted by other financial institutions involved in the transfer. GSB does not have control over these fees.
  • Outward Overseas Telegraphic Transfer In Australian Dollars (overseas Payment) (Transaction), Amount: 50.00. Additional Information: 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 financial institutions involved in the transfer. GSB does not have control over these fees.
  • Account Information Fee (Event), Amount: 20.00. Additional Information: 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, traces, document copies (other than those specified above) and/or information pertaining to an account Where further investigation is required an additional hourly rate of $20 per hour will apply. An estimate of the costs involved will be provided prior to the work being undertaken.
  • Other Fees (Event), Amount: Not Listed.. Additional Information: All other Great Southern Bank fees are detailed within our Schedule of Fees
  • Arrears Letter Fee (Event), Amount: 22.00. Additional Information: Payable where Great Southern Bank sends you a letter in relation to arrears on your account.
  • Default Notice Fee (Event), Amount: 33.00. Additional Information: Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account.
  • Monthly service fee (Periodic), Amount: 0.00. Additional Information: $0 monthly account keeping fees
  • Overdrawn Or Over Limit Fee (Event), Amount: 6.00. Additional Information: 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 transactions and Visa purchases).
  • Great Southern Bank Branch Deposits (Transaction), Amount: 0.00.
  • Bpay (Transaction), Amount: 0.00.
  • Visa Domestic ("press Credit") Transaction (Purchase), Amount: 0.00.
  • Debt Collection Fee (Event), Amount: Not Listed.. Additional Information: 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 recover the funds and are debited to the account that is "out of order".
  • Cheque Service Fee (Event), Amount: 10.00. Additional Information: 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.
  • Periodical Payment (Payment), Amount: 0.00.
  • Cheque (Withdrawal), Amount: 1.50.
  • Bank@post (Withdrawal), Amount: 3.00.
  • Bank@post Deposit (Transaction), Amount: 0.00.
  • Eftpos Debit Card International (Transaction), Amount: Not Listed.. Additional Information: Payable on all transactions made in currencies other than Australian Dollars.
  • Visa Debit International (Transaction), Amount: Not Listed.. Additional Information: 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 made in Australia where the merchant is located overseas, • All transactions made in Australia where the financial institution or entity processing the transaction is located overseas.
  • Direct Debit Dishonour Fee (Event), Amount: 0.12. Additional Information: 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.
  • Overseas Cash Withdrawal (Withdrawal), Amount: 4.50. Additional Information: Applies to any cash withdrawal transaction made outside Australia.
  • Cheque Dishonour Fee (Event), Amount: 11.00. Additional Information: Where a cheque written against your account is dishonoured for any reason.
  • Great Southern Bank Branch Cash Withdrawals (Withdrawal), Amount: 2.00.
  • Staff Assisted Transfer (Transaction), Amount: 2.00.
  • Eftpos Purchases And Cash Out (Transaction), Amount: 0.75.
  • Payments Using Online Banking (Transaction), Amount: 0.00.

 Limitations & Restrictions (Constraints)

  • Min Balance of 0.00
  • Opening Balance of 1.00