SET YOUR BUSINESS UP FOR SUCCESS
Get Westpac’s help with the 3 key steps for your business
Opening a $0 monthly fee account
Separate business and personal banking to simplify your accounting with a Westpac Business One transaction account.
Business rego and legal foundations
Our partner, Lawpath, can help you register your ABN and business name, apply for GST, and draft essential legal documents.
Setting up your accounting software
Track income and expenses with accounting software from our partner MYOB, providing financial statements for tax time and more.
Get 12 months of free subscriptions
Open a Westpac Business One everyday bank account (if you don’t have one already) and get 12 months for free on a Lawpath essentials plan and your choice of three MYOB plans. Excludes current Lawpath and/or MYOB customers. T&Cs apply.
Free business rego + legal Essentials
Free ABN registration + 12-months Essentials subscription valued at $518^
Gain access to unlimited legal documents, eSignatures, and streamlined legal workflows. Lawpath can also help you register your ABN, if you're a sole trader.
and
Free accounting software
12-month subscription valued at up to $696^ after you pay the first month
This handy business management platform combines key workflows to fit your business's needs. Choose from the MYOB Pro, Lite or Payroll Only plans.
How do I redeem the free subscription offer?
What do you need to open a business account as a sole trader or company?
When opening a business account with Westpac, sole traders can open their account in their own name without an ABN, while a company will need to open an account in their business name and provide an ABN.
What else can Westpac help me with?
Payment solutions
An essential part of running a business is being able to take payments from your customers. Choose from in person and online payment solutions to accept payments anytime, anywhere.
Business insurance
This is an important part of making sure you reduce your risks. Business insurance can be expensive, but with Insurance Premium Finance, you can spread your yearly premiums over easy to handle monthly instalments.
Vehicles and equipment
Ensuring you have the right equipment to service your business and clients is essential. Get help with vehicle and equipment finance, so you’re not tying up valuable working capital.
Cashflow and capital
Critical to any business, you need to ensure you have the funds to purchase stock, pay for staff and overheads, and have money to invest back into the business for growth. That’s where a business loan or overdraft could come in handy.
$100 bonus, just for using EFTPOS Air
Take payments the easy way with EFTPOS Air on your compatible device – and get $100 for taking $1,000 through the app. Must be within 30 days of merchant facility approval between 3 June and 29 November 2024. T&Cs apply.*
Frequently asked questions
To be eligible for 12 months free subscription on a Lawpath Essentials plan and a MYOB Pro, Lite or Payroll Only plan:
- You must be a sole trader or a sole director of a company with an ACN
- Your business must have a Business One transaction account
- For the Lawpath offer, you must not be an existing Lawpath customer
- For the MYOB offer, you must not be an existing MYOB customer, and you must pay the first month's subscription
- Use your Business One BSB and account number or your Westpac debit or credit card number to redeem the Lawpath offer and/or MYOB offer.
Help when you need it
Business products and services
Things you should know
This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement and consider whether the product or service is right for you.
Find out what information you need to provide to become a Westpac customer.
1. Fees may be incurred for certain electronic transactions such as foreign transactions and withdrawals from some overseas ATMs. Customers must be able to meet any applicable fees and charges. For a complete view of fees, please refer to our Terms and Conditions (PDF 539KB).
3. Optional overdrafts are subject to credit approval, eligibility criteria and fees.
The offers are made by MYOB and Lawpath and not Westpac. Westpac does not endorse or make recommendations about the services or goods provided by each MYOB and Lawpath. The MYOB and Lawpathoffers are not a Westpac product or service, or a feature of a Westpac product or service. Each offer is subject to MYOB and Lawpath'sindividual terms and conditions. Westpac is not a party to these offers or contracts which you enter into with MYOB or Lawpath.
Any queries or issues with the fulfilment or maintenance of the offers should be addressed directly with MYOB or Lawpath. If you close or no longer hold the Business One account, you will no longer be eligible for the MYOB and Lawpath offers and any existing offers connected to that account may be terminated by MYOB and Lawpath and you may start incurring fees per MYOB and Lawpath'sterms and conditions.
Westpac is not responsible for the accuracy or completeness of claims made in relation to the services or goods provided by MYOB and Lawpath. To the extent the law allows, Westpac does not accept responsibility for losses suffered as a result of your acceptance of these offers. Westpac does not give or receive commissions to or from any person in connection with these offers.Mastercard® is a registered trademark of Mastercard International Incorporated.