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Thread: Any recommendations on good bank for small business?

  1. #11
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    We use BankWest. By far the most economical merchant account, and a good higher interest working account.

    Willem

  2. #12
    p38arover's Avatar
    p38arover is offline Major part of the heart and soul of AULRO.com
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    I have been dealing with a Nigerian Bank. They have offered me very good returns on my investment with them.
    Ron B.
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  3. #13
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    westpac

    multiple signers on internet no worries, one login for multiple accounts no worries. but like all of them you need to keep them honest....

    tried most mentioned except the Nigerian one :P
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  4. #14
    MickS Guest
    Quote Originally Posted by p38arover View Post
    I have been dealing with a Nigerian Bank. They have offered me very good returns on my investment with them.
    I went to an investment night ran by the director...



    And he gave me this much money...as you can see, my name used to be Miss Young...




  5. #15
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    Thanks for all that. Am very keen on the Nigerian option. Can't believe I didn't think of that myself

    Looks like I'll be making a couple of calls. Bank SA and WestPac are possible, but Bendigo/Heritage might not be so good here in Adelaide.

  6. #16
    MickS Guest
    Quote Originally Posted by spudboy View Post
    Thanks for all that. Am very keen on the Nigerian option. Can't believe I didn't think of that myself

    Looks like I'll be making a couple of calls. Bank SA and WestPac are possible, but Bendigo/Heritage might not be so good here in Adelaide.
    St. GeorgePac .... you will be able to use either/or ATMs without a fee...but each bank will retain it's own identity and accounts structure. I have been with St George all my life...no real problems at all apart from an ATM that ate a card for no reason..wife had a business account for a while...very helpful in that regard.

    Bank SA's parent company is St George.

    St.George/Westpac merger information for customers

  7. #17
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    Spudboy

    Who you with currently?

    Fees are tax deductable, the bank always wins and if account set up fees and or standard bank fees are low or higher at one bank and lower at another its all the hidden fees that will bite.

    They are still deductable and if in a partnership and you are hoping to make a profit which I am sure you will, just adjust the cash flow accordingly.
    Its really just a tiny percentage of the overall picture.

    Now go forth and make plenty of $$$$.

  8. #18
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    weve been with stgeorge bank with our shops for the last 15 years......

    havent had a problem.......



    the more you deal with them and actually get to know the staff.......the more helpfull they will be.....
    as they know you a bit better......

  9. #19
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    Quote Originally Posted by big guy View Post
    Spudboy

    Who you with currently?
    With the Commonwealth currently, for both the farm and the Database company, and they have been fine to date. Their online ability is the only thing that lets them down with the new business.

  10. #20
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    Quote Originally Posted by DEFENDERZOOK View Post
    weve been with stgeorge bank with our shops for the last 15 years......

    In South Aust St George is aligned with (owned by?) Bank SA. They are everywhere here, so would be a good option.

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