ANZ Business Overdraft

 General Lending Rates

 Product Features

• Fraud Protection

• Guarantor

• Extra Repayments Additional Information: Flexible repayment options. No fixed or set repayments are required.

 Product Eligibility

• Min Age - 18. Additional Information: You must be 18 years of age or older to apply

• Business Additional Information: - The overdraft must be used for business purposes - Customers must be business entities, including sole traders

 Bank Fees and Charges

• Credit Facility Fee (Periodic), Amount: 250.00. Additional Information: For provision of a credit facility, payable in arrears for ongoing provision of the facility. Amount displayed is the annual fee which is debited quarterly in arrears based on the account opening date, and on a pro-rata basis whenever there is a change to the facility limit. The amount payable depends on the size of the limit - up to $9,999 = $250 p.a., $10K - $19,999 = $400 p.a., $20K - $49,999 = $600, $50K - $499,999 = 1.7% of facility limit, $500,000+ = price on application

• Ppsr Registration, Renewal And Amendment Fees (Event), Amount: 6.00. Additional Information: Fees are determined by the Australian Financial Security Authority, not ANZ. Currently, on renewal of securities on PPSR: $6 for 7 year PPSR renewal or $25 for 25 year renewal.

• Supplying Certificates (Event), Amount: 50.00. Additional Information: For supplying a certificate(s) for audit or other purposes. $70 per hour, with a minimum of $50.

• Document Preparation Fee - Loan Securities (Event), Amount: 200.00. Additional Information: For preparation of Mortgage over Property, Charge over Asset, Corporate Guarantee or Individual Guarantee. The fee applies to each document prepared. Where two Mortgage over Property documents are prepared the total document preparation fee is $400.

• Lodgement Fee - Original Registration (Event), Amount: 160.00. Additional Information: Original registration by ANZ

• Lodgement Fee - Registration (Event), Amount: 160.00. Additional Information: Charge for lodgement for registration of ANZ Mortgages, Discharges of Mortgage, Transfers of Land, PPS interests, assignment or reassignment of Life Policies and other documents

• Lodgement Fee - Re-registration (Event), Amount: 160.00. Additional Information: Re-registration of Personal Property Security Interests

• Preparation/execution Fee - Discharge Of Mortgage (Event), Amount: 90.00. Additional Information: Preparation and/or execution of Discharge of Mortgage

• Preparation/execution Fee - Consent To Lease/deed Of Priority (Event), Amount: 90.00. Additional Information: Preparation and/or execution of Consent to Lease or Deed of Priority

• Production Fee (Event), Amount: 160.00. Additional Information: For any changes that occur to a registered mortgage or on request for a certificate of title or other security document

• Search Fee (Event), Amount: 50.00. Additional Information: For searching for additional information (beyond normal searches like title search) required to obtain information from a government or regulatory body regarding the loan. Charged per property security.

• Settlement Fee (Event), Amount: 160.00. Additional Information: Payable when there is a security to be provided or varied under an ANZ loan. It is charged per settlement attended even if it falls through and even if physical settlement doesn’t occur.

• Stamp Duty - Mortgage Document (Variable), Amount: Not Listed.. Additional Information: Payable where stamp duty is applicable to the loan at the time of settlement. The amount is calculated by the state or territory government's administrative body (e.g. Titles Office) using the value of the property being purchased.

• Loan Approval Fee (Variable), Amount: Not Listed.. Additional Information: Upfront fee payable for any approved application for new facility or change to terms of existing facility. Fee is subject to negotiation and will be detailed in your Letter of Offer. Upfront fee is $0 when applying via GoBiz online application channel.

• Temporary Overdraft Increase (Variable), Amount: Not Listed.. Additional Information: Price on application

• Outward Dishonour Fee (Event), Amount: 37.70.

• Enforcement Expenses (Variable), Amount: Not Listed.. Additional Information: Non-payment that is referred to a third party debt collection agency. The amount charged depends upon the enforcement action taken and the agency to which the debt is referred.

 Limitations & Restrictions (Constraints)

• Min Limit of 2000.00 Additional Information: The minimum overdraft limit is $2,000

• Max Limit of 300000.00 Additional Information: Maximum Limit is only applicable when applying via GoBiz online application channel.

 Document Downloads

  business-banking-finance-fees-charges.pdf (187.5 KB)
  anz-business-general-service-fees-charges.pdf (124.6 KB)