I'm with Commonwealth at the moment for my business, and I do a lot of disbursements via imported ABA files. With the account I currently have they charge me $0.50 per transaction, which is getting very annoying. For example, I just did 45 payments through an imported ABA file and had to pay $22.50 for the pleasure. This is obviously in addition to the ongoing monthly account fees etc. When you have to do this several times, and weekly, adds up quickly.
Does anyone have experience with another bank that might not charge to process an imported file, or just general better deals than the Commonwealth for business banking?
As an OzB, I wouldn't like to pay a 50 cent fee for every transaction either!
I did some searching for you. A good place to start was: http://www.canstar.com.au/star-rating-reports/business-savin…
Here's their recommendations for 2016:
5-Star Winners
Business Cash Manager
First Option Credit Union- Business Cash Hub
BOQ- Business Management Account
Citi- Ultimate Business Saver
Business Transactor
Bankwest-Business Zero Transaction Account
Suncorp Bank-Business Everyday Account
Commonwealth Bank-Premium Business Account
ANZ-Business Advantage
Business Transactor
First Option Credit Union-Business Cash Hub
Beyond Bank-SMALLBiz Account
Heritage Bank-Business Cheque Facility
BOQ-Everyday Business Account
Business Saver
ING DIRECT-Business Optimiser
AMP Bank-Business Saver Account
ME Bank-Business Online Savings Account
I've personally had a Bankwest account for a long time and havent had any problems with it.