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GST Provision Account
A simple, effective way to help you manage your GST obligations
The GST Provision Account compliments your BankSA transaction account and is the easy way to put aside the GST portion of your funds needed to pay your BAS and help you ensure you meet your GST obligations.
- Unlimited free electronic deposits
- $0 monthly account service fee
- Transfer funds directly to Australian Taxation Office each quarterly BAS (Business Activity Statement)
Fee-free transactions
- Unlimited free electronic deposits and direct credits
- 2 free withdrawals per month
- 5 free branch or ATM deposits per month
- 5 free cheque deposit or merchant envelopes per month
Additional benefits
- Direct funds transfer to Australian Taxation Office available
- Free online legal and taxation advice1 for tax and accountancy issues specific to your business
- SMS and Email alerts2 to keep track of account balances, deposits and withdrawals
Account access
- Instant access to funds
- Branch, ATM, Cheque, EFTPOS, Internet and Phone Banking and BPAY®
Account fee
- $0 monthly account service fee
Transaction fees
- Download the fees and charges booklet
- Charged when monthly fee-free allowance is exceeded.
Apply online
Start your online application now. It takes just 10-20 minutes.
Requirements to apply online
Your business must be:
- Registered in Australia, and
- Either a sole trader, partnership or company.
Call us
Talk to a business sales specialist on 1800 804 411 Monday to Friday 8.30am - 5pm
Visit a branch
Find your nearest branch
How to apply
Important Information
Conditions and fees apply.
The information on our website is prepared without knowing your personal financial circumstances. Before deciding to acquire or hold a product, please read the Terms and Conditions:
- Transaction, Savings & Investment Accounts Banking Services Terms and Conditions & General Information
- Transaction, Savings & Investment Accounts - Fees & Charges and How to Minimise Them
- Interest rates.
Consider if the product is appropriate for you. The Terms and Conditions are important and we encourage you to review, save and print them. If you would like a paper copy ask at your local branch.
Issued by BankSA - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714.
BPAY® - Registered to BPAY Pty Ltd ABN 69 079 137 518
1 You can contact lawyers and accountants nominated by BankSA for advice at no charge. A maximum of 3 contacts can be made in relation to any one issue. After the third contact you may choose to engage the legal or accounting adviser at your cost. These services are provided by third parties for which BankSA accepts no responsibility and are available via email only.
2 SMS Alerts cost 25 cents each and email alerts are free.
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© BankSA – A Division of Westpac Banking Corporation ABN 33 007 457 141
AFSL and Australian credit licence 233714
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