Business Overdraft

General Lending Rates

Product Features

• Other Additional Information: Keep your cash flowing - Access extra funds anytime.

• Other Additional Information: Only pay interest on what you use: Interest is charged only when your spending exceeds your transaction account balance.

• Digital Banking Additional Information: Easily manage and access your business overdraft via Online, Telephone, Mobile or Tablet Banking and via our ATM network.

• Other Additional Information: Repay at any time: No regular amount or time frame to make repayments.

• Extra Repayments Additional Information: Subject to terms and conditions, this product includes extra repayment features.

• Digital Banking Additional Information: With PayTo, you can see, review and authorise all new PayTo payments for things such as recurring bills, memberships and subscriptions before the money leaves your account.

• Relationship Management Additional Information: Relationship management is available for eligible customers.

• Overdraft Additional Information: Temporary Overdraft is available for customers. Temporary Overdraft is a one-off short term working capital facility for existing business customers, with or without an existing overdraft agreement. Requests for new customers may be approved by a Credit Officer on an exception basis

Product Eligibility

• Business Additional Information: A business entity or an individual 18 years and above, domiciled in Australia

• Business Additional Information: Requires the funding for business or investment purposes other than investment in residential property

• Other Additional Information: have a valid Westpac Business Transaction account.

• Other Additional Information: Meets the credit criteria and credit policy requirements under an applicable offer for this product.

Bank Fees and Charges

• Monthly Line Fee (Periodic), Amount: Not Listed.. Additional Information: Monthly Line Fee: 1.20% p.a. (of total limit) charged at the beginning of the month. Other fees may apply.

• Lending Establishment Fee (Upfront), Amount: Not Listed.. Additional Information: Minimum charge of $600.00