Why separate your business and personal accounts
Here's three reasons why you should keep your business and personal accounts separate.
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Whether you're a Sole Trader, own a Company or you're establishing a Trust, opening a business account is easy with Heritage.
At Heritage, we make it our business to understand your business. We understand that Business Banking isn't just about great products, it's about genuine respect and personal attention.
Talk to us today about opening a business account and switching your business banking to Heritage.
If you'd like to get your account application forms and paperwork ready in advance, follow our steps below. The requirements will vary depending on your business type.
To get started with Business Banking at Heritage, you first need to open a business membership type that matches your established entity structure. This established entity structure could be any of the following business types or a combination:
| Association | Australian Government Body |
| Body Corporate | Company |
| Co-Operative | Deceased Estate |
| Partnership | Self-Managed Super Fund |
| Sole Trader | Trust |
If you're unsure what your structure is, you can find more information on the Australian Government Business website.
Once you know your established entity structure, you'll need to complete the relevant Membership Application Form and return it to Heritage along with the required supporting documents listed on the form.
Remember that all account holders must be identified by Heritage. If you'd like help through the process visit your local branch or contact us 24/7 on 13 14 22.
Our Business Cheque account is a low-cost transaction account designed for small to medium businesses, with no monthly account keeping fee.
We also have Association, Body Corporate and Self-Managed Super Fund accounts.
To apply for our Business Credit Card, enquire online, contact us on 13 14 22 or complete and return our Application for Business Credit Card form.
To apply for a business loan, enquire online, contact us on 13 14 22 or complete and return our Application for Business Finance, and Business Finance Guarantor Application if required, to apply for the following products:
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This will determine how best we can help.