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Earn interest. Fee-Free.

With interest and no fees, business banking never looked so good.

Deposits

Have your EFTPOS payments settled into your Tyro Bank Account and earn interest on your funds straight away or give out your BSB and Account Number (listed on top of your home screen) when you invoice customers.

Flexible Settlements

Access your cash the same day you earn it, 7 days a week, at a time of your choosing when you settle into a Tyro Bank Account and meet our eligibility criteria2.

Make payments

The Tyro App lets you access 24/7 mobile banking so you can stay on top of your business from anywhere.

Competitive interest rates

Earn daily and bonus interest with rates that increase the longer you leave your money in your Tyro Bank Account.
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Optional two-to-approve for extra security

If you need two people to approve payments, the Tyro Bank Account supports that too.
Call 1300 966 639 to set up

Innovative tools that will save you time every time you do your banking.

It saves you time

tyro xero integration
Connect to Xero for more power

Seamless reconciliation with integrated bank feeds to Xero. Schedule batch payments in Xero including BPAY® and bank transfers, and Xero payroll.
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Make multiple payments at once (batch payments)

Export an .aba file from your accounting package and open it with the Tyro App. Tyro will automatically process all the payments in that file for free.

Pay all your staff in one go

Just like using an .aba file from above, but exported from your payroll software. Tyro will automatically pay all your staff with one click for free as well.

Just-in-time reminders

Never run low. Just-in-time reminders will let you know if funds are low, so you can reschedule bill payments.

Voice command payments

Tyro was the first in Australia to allow payments to be made from its business bank account using Apple’s smartphone assistant, Siri *.
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Tyro doesn’t charge fees on its Tyro Bank Account.

With Tyro, business banking has never looked so good.

Fee-free bank account

No batching fees, no monthly account keeping fees, no .aba upload fees and no transaction fees.

You don’t get penalised

No dishonour fees if you don’t have enough funds in your account or if a supplier tries to debit you at an unfortunate time.