Get Authority For Business Accounts

Filling out the Authority For Business Accounts form is an essential step for both new and existing customers looking to establish or modify their business banking services. This guide offers clear instructions to help you navigate each section of the form with confidence.

Follow the steps to successfully complete the Authority For Business Accounts form.

1. Use the ‘Get Form’ button to acquire the form and open it for editing.
2. Begin by providing the account details in Section 1, including the BSB number, account number, and name of the account. Choose the appropriate account type by ticking the corresponding box.
3. Optional Section 2 involves electronic banking setup. Indicate if you want to link the new account(s) to an existing NetBank facility by entering your NetBank client number or opting for registration for NetBank access. For CommBiz, specify if you require view-only access or will register for the account yourself.
4. In Section 3, select the method of operation that describes how authorized signatories can operate the account, noting whether any or all signatories can act independently.
5. Proceed to Section 4 to list the persons authorized to operate the account(s). Fill in all required details such as names, dates of birth, contact information, and residential addresses, ensuring no PO Boxes are used. Each authorized signatory must provide their signature and date.
6. Section 5 allows for the designation of an additional person authorized to obtain account information. Fill out the details for this individual if applicable.
7. In Section 6, review and acknowledge the terms and conditions of the account. Sign and date the declaration confirming your understanding and agreement.
8. Complete either Part A or Part B in Section 6 based on your entity type, ensuring all signatures are obtained from authorized individuals as per your entity’s requirements.
9. If desired, create a business telephone banking password in Section 7, following the specified criteria for security.
10. Section 8 requires the provision of ABN, ARBN, or TFN information as applicable. Ensure correct entry to avoid tax deductions.
11. Once all sections are completed, save changes, download, print, or share the form as needed.

Start filling out the Authority For Business Accounts form online today to streamline your banking process.