Business Express Deposit
Changes to the Business Express Deposit (BED) Service :
We’re making changes to our BED service. These changes are being introduced to make depositing cash and cheques simpler and more secure.
Here's what's changing:
From 25 November 20241:
- BED bags must be ordered in advance and will no longer be available for collection in branch.
- To order BED bags you must hold a business product and be the account owner or authorised signatory on the account.
- BED bags will be delivered directly to your nominated address.
How do I order bags?
- If you’re registered for Group Telephone Banking call 13 21 42, between 8:00am – 8:00pm (AEST) Monday – Friday. Follow the prompts and say ‘Express Bags’; or
- Visit your local branch.
If you have a Relationship Manager, you may nominate a representative to order BED bags on your behalf. Please contact your Relationship Manager for further details on how to nominate a representative.
How long will my BED bags take to arrive?
How to use BED service
What alternatives are available if I’m not eligible for BED bags?
There are a range of other services for depositing cash and cheques that may be available at your branch. These include our Smart ATMs and Coin Deposit Machines. Learn more about our device features and their locations.
Alternatively, we have other options available if your business is moving away from cash and cheque payments.
Learn more about the types of payments you can make and other features available in Online Banking or via the Westpac App.
We also offer a range of solutions that enable your business to accept in-person or online payments. Learn more about our range of EFTPOS terminals and eCommerce solutions.
Things you should know
1Effective 17 June 2024 for customers in South Australia.
This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. For more information on the changes, please read our updated Business Express Deposit Service Terms and Conditions (PDF 114KB).