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Reducing business banking fees

"I was always on the lookout for a business account that had no account keeping fee - it didn’t seem reasonable to me that I can have a personal transaction account and pay nothing for it, but because the account was marked for business use, I had to pay $10 per month.

I can understand a fee if the business transacted hundreds of payments each week, but all of our payments flowed through a third party app, so there was only one deposit and a few dozen payments a month. So, I shopped around and settled on a bank that offered business transaction accounts for free."

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4 Responses

    Default Gravatar
    vandaJune 13, 2018

    which bank provide cheapest and best and fast eftpos mobile terminal for small business

      Default Gravatar
      NikkiJune 15, 2018

      Hi Vanda,

      Thanks for your message and for visiting Finder.

      You may refer to our guide on how to set up an EFTPOS machine if you are looking for an EFTPOS terminal provider.

      Hope this helps. Feel free to message us back should you further questions.

      Cheers,
      Nikki

    Default Gravatar
    ellieMarch 22, 2018

    i need to know which australian bank offers the lowest foreign transaction fees.

    please let me know

    thank you

    ellie

      Default GravatarFinder
      JeniMarch 22, 2018Finder

      Hi Ellie,

      Thank you for getting in touch with Finder.

      You can check some Australian banks offering debit cards with low foreign transaction fees. On the page is a comparison table you can use to see which account suits you. When you are ready, you may then click on the “Go to site” button and you will be redirected to the bank’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

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