Education

We offer banking solutions to meet the specific banking needs of schools. Our Education Sector specialists can provide banking solutions for your school with ongoing support from your local Westpac Business Manager.

Cash flow managment

As well as managing your school’s cash flow and reviewing your banking processes we can:

  • save on your day-to-day banking with a schools transaction account
  • view accounts and authorise payments simply and easily with Business Online banking (pay no monthly subscription fee!)
  • make overdrafts available to help manage cash flow variations
  • streamline staff expense management with MasterCard BusinessCard
  • provide advice and products to make and receive international payments
  • provide special rates for credit card processing and for leasing an Eftpos terminal

Smart investment opportunities

There are also investment options available for your school including:

  • an on-call savings account to earn interest on your school’s deposits
  • term deposits for surplus funds
  • advice from Investment advisers on developing your investment portfolio

Flexible finance

We can offer schools flexible and cost-effective finance options including:

  • loan and interest rate options for bridging finance or longer-term finance needs
  • up to 100% finance of the GST exclusive purchase price of new capital equipment or new vehicles – using the purchased assets as security in most cases

We can offer schools flexible and cost-effective finance options including:

  • loan and interest rate options for bridging finance or longer-term finance needs
  • up to 100% finance of the GST exclusive purchase price of new capital equipment or new vehicles – using the purchased assets as security in most cases
For staff and students

More benefits

By choosing to bank with Westpac, schools and students can enjoy additional benefits:

  • staff may be eligible for ‘mates rates’ on their personal banking with our Government Employee Pac
  • students can learn about saving and managing their money with Westpac’s range of workshops, online tools and calculators
  • students could gain by being involved in our work experience programme
  • schools could access advice, resources and people as a result of our major sponsorships of the Sir Peter Blake Trust and Westpac Rescue Helicopters