Business banking with all the features that fit{yellow-border}
The BOQ Specialist Business Banking Package is a comprehensive and flexible solution that can be tailored to include all the features that fit your practice needs.
With the added benefits of optional features, a dedicated financial specialist and 24/7 support through our Client Service Centre, it's the only solution you need for all your business banking needs.
One Account for business
- A competitive rate of interest on your account balance
- Easy access to your account through online banking and our mobile app including BPAY® and Pay Anyone functionality
- Visa debit card with free ATM withdrawals at BOQ branded ATM's
- Integration with accounting software including MYOB, Xero and Banklink, allowing you to easily manage your practice cashflow
- Optional overdraft with an unsecured line of credit. You only pay interest on what you use not on the entire credit limit, and you don’t have to use your property as security
- Simplify bulk payments with batch debit and credit facilities
- Savings up to $250 000 are covered by the Government's Deposit Guarantee~
- Access to the BOQ branch network for depositing cheques and cash
Package features{yellow-border}
Customise your package by choosing one or more of the following optional features to create the complete banking solution that best suits your practice needs.
Merchant facilities
- Simple set up
- A 3-in-1 terminal – mobile, countertop and integrated
- Direct integration with practice management software
- Same day settlement, seven days a week
Signature credit card
- Earn 1 Qantas Point* or Velocity Frequent Flyer Point" for every $1 spent on eligible purchases in Australia up to$7 500 and 0.5 points per $1 thereafter, up to $30 000 spent on all eligible purchase each Statement Period
- 8 free additional card holders
- Segregated spend statements
- Option to purchase a car or equipment on your card then roll into a fixed term contract#
Overdraft
- Easily manage your practice cash flow
- Fully flexible line of credit overdraft up to $50 000
- Access via your One Account for Business to use when you need it
- Only pay interest on what you use, not the entire amount
- Provides a safety net for unexpected expenses
Batch payments
- More convenient – payments received immediately
- Zero costs – no fees for issuing cheques
- Saves time –payments can be created by most third party accounting and payroll software platforms
Accounting software integration
- Keep your accounting records up to date
- Set up and manage staff accounts and process payroll payments
- Simplify bulk/batch payments