Withdrawing money

How do I withdraw money from my Business Savings Account?

Easy Access accounts
You can withdraw money from your Easy Access account online.
If your account has been funded, you will see a link for Withdraw funds in account tools at the bottom right of the screen.
Click this link and follow the instructions an screen.
Your money will be transferred back into your linked nominated account.

Fixed Rate accounts
You can only withdraw money from your Fixed Rate account if you are still within the 14 day cooling off period. The cooling off period starts on the day you open your account for 14 days and, if you change your mind during this time, we’ll return your money without penalty or notice. Please give us a call and we can help you with this.
Once the cooling off period has expired, you can't make any withdrawals or transfers and closures aren't allowed until the maturity date.

Fixed Rate with Access accounts
With this account, you can make a one-off withdrawal of up to 25% of the account balance.

If you've paid money into your account, you'll see a link for withdraw funds in account tools at the bottom right of the screen.
Click this link and follow the instructions on screen.
Your money will be transferred back into your linked nominated account.

What is my withdrawal allowance?

Your withdrawal allowance will depend on your account type. Please see below:

Easy Access account
You can make unlimited withdrawals

Fixed Rate with Access account
You can make a one-off withdrawal of up to 25% of the account balance

Fixed Rate account
You can't make withdrawals from a fixed rate account until the maturity date

Customised Fixed Rate account
You can't make withdrawals from a customised fixed rate account until the maturity date

When will my money show in my linked nominated account?

If you provide your withdrawal instructions before 2pm on a business day, we'll transfer money into your linked nominated account on the same business day. Anything after 2pm with be in your linked nominated account by the end of the following business day.