Compare online solutions

Use our handy comparison table to find the online service that’s right for your business.

  Online Banking Business Online Corporate Online
Size Individuals and sole traders Small to medium business Corporations
Individual login for each user No. Users share a single login-in Yes.
Allows different access and authority levels for users, e.g. Creator / Viewer users vs Authoriser
Yes. 
Allows different access and authority levels for users.
Signing authorities 1-to-sign only Up to 3-to-sign Up to 2-to-sign
Monthly 
Subscriptions*
No monthly charge $9.95 per month Based on number of users, $10 p/m administrator/authoriser, $5 p/m other roles.
Send money overseas Yes Yes Yes
Transact on foreign currency accounts No Yes Yes
Bulk payments/ direct debit batches No Up to 3000 payees/payers in single batch (file import)
Bulk transaction fee - 19c per item
Supports large batches (tested up to 45000 transactions per batch). Bulk transaction fee - 19c per item
Processing cut off times (business days only) Payments - 10:00pm.
AP, new and amend – 10:00pm. International Payments - currency cut off time vary
Payments, single and bulk - 11:30pm
AP, new and amend - 10:00pm
Direct Debits - 10:00pm
Internationa Payments - currency cut off time vary
NZ Direct Entry 9.00 pm
NZ Domestic Payment 8.00 pm
International Payments – refer to Online
Help for Currency Cut-Off Times
View foreign currency accounts No Yes Yes
Number of accounts accessed Up to 9 transaction, savings and loan accounts, plus 2 personal credit card accounts Up to 120 transaction, savings and loan accounts, plus business credit card and foreign currency accounts. Unlimited number of Westpac business, foreign currency or personal accounts, as well as any nominated BNZ, ANZ or National Bank acounts
Credit card access Personal credit cards only Both personal and business credit cards  No card access
Ability to import files No Import payroll or ceditor files from common payroll/accounting packages Import payroll or creditor files from common payroll/accounting packages
Ability to manage Term Deposits Yes Can only view term deposit balance  Can only view term deposit account balance
Text/email alerts Yes No  No

 

*Additional transaction and service fees still apply for accounts loaded. Non Profit Organisations are exempt from the Business Online monthly subscription fee