BSB 805 050

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BSB 805 050


What is a company?

Unlike a sole trader or partnership, a company is a separate legal entity that has the same rights as a natural person and can incur debt, sue and be sued.
The shareholders of a company, so the company’s owners can limit their personal liability and are generally not liable for company debts.

People's Choice provides business accounts for companies.

To take out a business account for your company, follow the steps below.

Step 1. Setting up your business membership

Got a personal membership with People's Choice?

If the directors of your company have had their ID verified in a branch, you may be able to open your business membership by following the next steps.

IDs have not been verified in a branch yet?
No worries - as a sole director, simply visit a branch to verify your ID.

If your company operates with multiple directors, ensure either 2 directors or 1 director together with the secretary verify their ID in a branch.

Step 2. Get a head start with your business account

Click the buttons below to download and fill in the business membership application forms. You can get a head start setting up your business account when you provide these documents when you get in touch with us in the next step.

Business Membership Application 
Click the button below to download the application form. 


ABN (if your business has one)
Please let us know your company's ABN.

If you don't have your ABN handy, you can look it up with the Australian Business Register at the following link:

Step 3. Finalise your business account

To complete your business account, give us a call at 13 11 82.
If you already prepared some of the application forms mentioned above, please have them at hand.

Alternatively, drop in to a branch to open your business membership.
You can find your nearest branch here.

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