What is a business Transaction Account?

A business Transaction Account allows you to store your funds, transfer money to pay bills or employees, and spend your money. Business Transaction Accounts provide a dedicated place to settle funds and transfer money from — so you can keep your personal and business finances separate.

How do I get a Zeller Transaction Account?

When you sign up for your free Zeller Account online, you'll be granted a business Transaction Account instantly — complete with it's own BSB and Account Number.

How does a Transaction Account work?

Once your business Transaction Account is open, you can then transfer money in to create an opening balance. You can also settle payments accepted with Zeller EFTPOS Terminal to your Transaction Account to add funds. From there, you can see all of your payments, transfers, transactions, invoices, settlements and receipts from your Zeller Transaction Account.

How quickly can I open a Transaction Account?

Signing up for a business Transaction Account with Zeller is fast and free — you can open your Transaction Account in under five minutes, without having to visit a bank or complete lengthy paperwork.

How much does a business Transaction Account cost?

There are no fees to sign up for and use a business Transaction Account with Zeller. It can be opened online in minutes, without any monthly fees or minimum balance requirements.

Why is Zeller Transaction Account the best business Transaction Account?

Zeller gives you a free business Transaction Account when you sign up online. Zeller Transaction Account is built to make tracking expenses, transactions, transfers, payments and settlements easier for any type of business. There are no contracts. monthly account fees, or setup costs, and will never charge you to withdraw or settle funds.

How do I choose a business bank account?

When opening a business bank account, you need to consider which functionality you require. Compare functionality between Zeller and other Australian business banks in our comparison article here.

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Transaction Accounts.

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Zeller Accounts and Cards are free.

Don’t pay manage your own money — Zeller Transaction Accounts and Cards are fee-free.

Zeller Transaction
Account

Free

With no monthly account or transfer fees.

Zeller Debit
Card

Free

Unlimited physical and virtual Debit Cards.

Minimum Balance
Requirements

No minimum monthly balance required.

Account Setup
Fees

It's free to sign up for a Zeller Account.

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Sign up in under 5 minutes.

Create an account.

Creating a Zeller Account takes minutes for most businesses, and it’s free.

Add funds to your account.

Transfer funds to your account for an opening balance.

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