Society Cheque Account
A low-cost account for non-profit organisations
As a non-profit organisation, you want to make every dollar count toward helping others. That’s why the Society Cheque Account offers low cost, straightforward day-to-day banking for charity, community and sporting groups, schools and government groups.
No monthly account service fee for charities, community/sporting groups and schools#
Discounts on transaction fees depending on the nature of your organisation
Features
Key features
- Deposit Only Card available for approved office-bearers
- Deposit at any BankSA branch
- Optional chequebook available upon request
- Unlimited free BankSA branch, Internet and Phone Banking, direct debit, cheques and BankSA ATM deposits for charities and schools#
Statements
Interest
- Calculated daily
- Paid annually for accounts held by charities, community/sporting groups and government
- Paid quarterly for accounts held by schools
Access
Account access
- Instant access to funds via branch, cheque, Internet and Phone Banking, and BPAY®
- Convenient and secure 24/7 access to Internet and Phone Banking*
- Automate deposits and payments with direct credits and direct debits
Fees
Account service fee
- No monthly account service fee for charities, community and sporting groups and schools
- Flat monthly account service fee of $6 for government bodies unless a minimum monthly account balance of $10,000 is maintained
Transaction fees
- Free and unlimited Internet and Phone Banking
- Unlimited free monthly deposits and withdrawals for charities and schools#
- 20 free monthly deposits and withdrawals for government bodies and community and sporting groups
How to apply
Call us
- Apply over the phone to open this low cost account for non-profit organisations on 13 13 76 , 8am - 8pm, seven days a week
Visit a branch
Requirements
- Please provide the following documentation to open an account:
- Charities
- Notice of Endorsement for Charity Tax Concession (Available from the Australian Taxation Office)
- Constitution (Held by the relevant organisation)
- Minutes (Held by the relevant organisation)
- Certificate of Incorporation / Registration (if applicable) (Available from the Department of Fair Trading or Australian Securities and Investments Commission)
- Community and Sporting Groups
- Constitution (Held by the relevant organisation)
- Minutes (Held by the relevant organisation)
- Certificate of Incorporation / Registration (if applicable) (Available from the Department of Fair Trading or Australian Securities and Investments Commission)
- Public Schools, Colleges and Universities
- Letter from School Principal or Dean of Studies on organisation letterhead
- Other Educational Organisations
- Constitution (Held by the relevant organisation)
- Minutes (Held by the relevant organisation)
- Certificate of Incorporation / Registration (if applicable) (Available from the Department of Fair Trading or Australian Securities and Investments Commission)
- Department Agency or Councils
- Letter from CEO or Delegate
- Registered Political Parties
- Minutes (Held by the relevant organisation)
- Letter from Australian Electoral Commission or State Electoral Office
- Information you’ll need to complete your application
# Other transaction fees and charges for special services apply. Daily transaction limits apply.
* Subject to systems availability and maintenance
