Cash Management
A trading account designed for you
The CSB Cash Management Trading Account is an operating account with at call access that pays interest on the full balance of the account. It offers competitive interest rates, on a tiered system, that provide returns for accounts with balances as small as $1. This means that even organisations with smaller monthly balances can benefit from attractive interest rates.
To help you keep control of fees, at the time of establishing the account you can negotiate transaction fee rebates. Rebates are calculated on income earned from the monthly balance held, less the cost of fees. Rebates are reviewed quarterly. Every account is different, so talk to us about what you aim to achieve.
Rather than locking up your funds, the CSB Cash Management Trading Account also offers the convenience of ‘at call access’ by ATM, EFTPOS, cheque, Phone banking or Internet banking plus the option of a debit card, cashcard or linked Visa Card or MasterCard (subject to approval).
A full list of product features is detailed below.
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Product Features | ||||||||||
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Statement |
Monthly or Quarterly (or available on line) | |||||||||
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Minimum to open |
$1 | |||||||||
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Interest calculated |
Daily | |||||||||
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Interest rate - tiered |
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Interest credited |
Monthly (1st each of each month) | |||||||||
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Funds availability |
At call | |||||||||
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Phone banking |
Available (subject to approval) | |||||||||
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E-banking |
Available (only if you are an Australian resident and at least 16 years of age) | |||||||||
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BPay |
Available with Bendigo e-banking | |||||||||
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Pay Anyone Service |
Available with Bendigo e-banking | |||||||||
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Automatic payments |
Yes | |||||||||
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Account service fee |
Refer to the Schedule of Fees, Charges and Transaction Account Rebates for Community Sector Banking Business Accounts | |||||||||
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Telegraphic transfers |
Available (subject to approval) | |||||||||
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Business cheque facility |
Available (subject to approval and only if you are at least 18 years of age. A minimum account balance of $300 for a two week period may be required before a cheque book is issued. | |||||||||
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Debit Card |
Subject to account authority (only if you are at least 18 years of age) | |||||||||
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Cashcard |
Subject to account authority (only if you are at least 13 years of age) | |||||||||
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Link Bendigo Visa or Mastercard credit card to the account |
Available (subject to approval) | |||||||||
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Transaction fees |
Yes (Refer to the Schedule of Fees, Charges and Transaction Account Rebates for Community Sector Banking Business Accounts) | |||||||||
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Transaction Account Rebates |
Available - subject to transaction volume (Refer to the Schedule of Fees, Charges and Transaction Account Rebates for Community Sector Banking Business Accounts) | |||||||||
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Overdraft facility |
Available(subject to approval) | |||||||||
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General/other criteria |
Only available to non-profit organisations within the community sector. | |||||||||
Download a copy of the CSB Cash Management Account brochure here (PDF 284 KB).