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2022-11-07 12:47 pm

Business account forms and checklists

Help with opening your account, including the identity check and application documentation.

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On this page you'll find information on how to open your account or apply for finance, including the forms required for different types of business entities – like schools, sole traders and listed public companies.

Identity check

In most instances, the person submitting the application to open a Bank Australia account will need to verify their identity. You can do this by submitting certified copies of the documents outlined in this individual checklist along with your application form. 
You can also complete verification online via this online verification form.

If you’re an existing Bank Australia customer, you can skip this step. 

Application forms and checklists

Different business entities have different paperwork requirements when applying for a Bank Australia account. If unsure of your entity, your accountant should be able to help you. 

Scroll to your entity below to find your application form. Be sure to download the checklist too so you know what to provide along with your application. 


Sole trader

To open a sole trader account with Bank Australia you first need to be a retail banking customer with us. You can do this by opening an Everyday Access account. Once you have signed up online contact us on 132 888, visit a branch, or send a secure mail to provide the details listed within the sole trader entity checklist for one of our team members to convert your account into a business account. Alternatively visit a branch to complete in person.

  1. Sole Trader Entity Checklist
  2. Sole Trader Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Partnership

To open a partnership account with Bank Australia all partners will first need to be retail banking customers with us. You can do this by opening an Online Saver account. Once you have signed up online contact us on 132 888, visit a branch, or send a secure mail to provide the details listed within the partnership entity checklist for one of our team members to open a partnership account. Alternatively visit a branch to complete in person.

  1. Partnership Checklist 
  2. Partnership Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Pty Ltd company

  1. Pty Ltd Company Checklist
  2. Company Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Unlisted public company

  1. Unlisted Public Company Checklist
  2. Company Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Listed public company

  1. Listed Public Company Checklist
  2. Company Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Unincorporated association

  1. Unincorporated Association Checklist
  2. Unincorporated Association Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Incorporated association

  1. Incorporated Association Checklist
  2. Incorporated Association Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Co-operative

  1. Co-Operative Checklist
  2. Co-Operative Application Form
  3. Individual Checklist
  4. Tax Residency Declaration Form


Local council or other government entity

  1. Local Council or other Government Entity Checklist 
  2. Local Council or other Government Entity Application Form
  3. Individual Checklist


Government school

  1. Government School Checklist 
  2. Government school account application Form
  3. Individual Checklist

Where to send your application

You can send it to us via mail, through secure mail if you are an existing customer, or drop it at a branch. See our contact page for details.

Timeframes

Business accounts can sometimes be active within one business day after we begin reviewing your completed application and supporting documents. It may take longer if we require more information from you. If applying for credit, a loan or overdraft, these take longer as there’s more for us to review in the application. Contact us if you’d like to find out more.

Related links

Take a look at business.gov.au or the Australian Securities & Investments Commission. The latter includes useful information on setting up a business structure.

Disclaimer

This page contains only general, descriptive information which is subject to change and is not a substitute for  professional advice and/or commercial judgement, having regard to individual circumstances. No representations or warranties are made in relation to the information or any contents or their accuracy and it does not constitute advice in any form.

Bank Australia is not in any way responsible or liable for your reliance or use of the information. The information does not take into account your personal and financial needs, particular objectives and/or circumstances, and should not be relied on to make decisions. You should seek appropriate independent advice (which may include property, legal, financial, taxation and accounting advice) before making any decisions, investing, or acting on any information provided here.

You should also consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia.

Need help?

Send us a secure message in the app or internet banking 

Or call us

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