Business Edge is a business transaction account to cover your everyday business banking needs.
Free electronic transactions (excludes bulk payments).
$5 monthly account management fee.
Apply for an overdraft to help with cashflow or unexpected expenses.
Access your money with a Visa Debit Card or ATM/EFTPOS card.
It’s free to set up bill payments and automatic payments at any time if you do it yourself in internet banking. It’s also free to do it in a branch or via the contact centre for 30 days after you open your account. After that, it costs $5 per set up or change when done in a branch or via the contact centre.
To open a business bank account with Kiwibank, the director of the company must be a New Zealand citizen or reside in New Zealand.
You can apply for a business overdraft on this account to cover unexpected shortfalls. You’ll get an overdraft limit and will be able to spend up to this limit. Interest is calculated daily and charged monthly on the amount you’ve been overdrawn during the month.
Get a more complete view of your business finances by linking your banking records with accounting software like Xero, MYOB, Reckon and TenanSee.
Get an ATM/EFTPOS card to access your account, with additional cards for employees who need them, as long as they are signatories on the account.
If your account is one-to-sign, you can use a Visa Debit Card to access your money. You can use a Visa Debit Card to pay for purchases in stores, online or over the phone, anywhere that Visa is accepted.
Interest rate |
for balances |
Account management fee |
$5 per month |
Deposit fee - electronic |
Free |
Deposit fee - in branch |
Each business gets the first 25 in-branch deposits per month free, after that it's $1 per manual deposit |
Withdrawal fee - ATM |
Free |
Withdrawal fee - automatic payment, direct debit and bill payment |
Free |
Withdrawal fee - in-branch |
$0.70 per withdrawal |
Visa Debit Card - annual fee |
What you'll pay to have a Visa Debit Card or ATM/EFTPOS card: $10 per card per annum (waived for the first year of the first card) |
Interest rates are subject to change.
If you're keen to open a Business Edge transaction account, get in touch with our business banking team and they'll get it sorted.
Units in Kiwibank Notice Saver are distributed by Kiwibank and are issued by Kiwibank Investment Management Limited. Download the Terms and Conditions for Kiwibank Notice Saver (PDF 1.2 MB) or pick up a copy from your nearest Kiwibank.
Service fees (including cash handling fees) may apply. Download Kiwibank’s Disclosure Statement (PDF 2.5 MB) or pick up a copy at your nearest Kiwibank. Fees effective as at 1 March 2018. Fees subject to change. Unless otherwise specified all amounts shown are in New Zealand dollars.