Business Tax Management Account
Transaction & Savings AccountsData Sharing Status
An account to set aside funds to meet tax obligations such as GST
- Base rate
- 0.01%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0.01% | Up to $4,999.99$5,000 to $19,999.99$20,000 to $49,999.99$50,000 to $99,999.99$100,000 and over | every 6 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Special clearance on cheques Maximum charge. Charges either wholly or partly imposed by third parties. | Event | $16.00 |
| BPAY payment return | Event | $5.00 |
| Rejected post-dated BPAY | Event | $5.00 |
| Trace on Electronic Debit/Credit | Event | $20.00 |
| Default Notice fee A Default Notice fee of $30 will be debited from your deposit account or Personal Credit Line facility, where you are in breach of the PDS and/or the schedule and IMB issues a notice to you demanding monies. Refer to the PDS Member Guide to Transactional Banking for further information. | Event | $30.00 |
| Transfers between accounts to cover overdrawn balance | Event | $15.00 |
| Stop payment personal cheque | Event | $15.00 |
Features
- Digital banking
- Internet Banking and Mobile Banking App.
- PayID
- Create a PayID through IMB’s Internet Banking or Mobile Banking App to receive Osko payments.
- Real-time payments (NPP)
- This account type is enabled for Osko payments, via the New Payments Platform (NPP). Osko is the faster way to pay or receive money from friends, family and businesses. No more waiting days for money to change hands. Now you can pay and be paid in a matter of seconds
- Bill payment (BPAY) — BPAY
- BPAY® is an electronic bill payment service, providing a convenient access point for the payment and receipt of consumer bills.
- Direct debit is available on this account type. — Direct Debit
- Direct Credit is available on this account type. — Direct Credit
Eligibility
- Business customersOnly available to business owners including sole traders, companies, partnerships, associations, trusts or other such businesses as approved by IMB.
Constraints
- Opening balance — $1.00
More Information
Published by IMB Bank under the Consumer Data Right · Last updated 3 March 2026 · Product ID TSA-28-1 · View on CDR.gov.au · View Source Data (JSON)