Body Corporate Bank Account

Manage your body corporate banking with confidence. Choose our Body Corporate Account or Body Corporate Special Account, with no monthly account keeping fees and People first service.


Heritage has two accounts specifically designed for individual body corporate organisations and body corporate managers:

  • Body Corporate Account – an interest earning account; and
  • Body Corporate Special Account – earns no interest.
Both accounts function in the same way, except that one earns interest and one does not. The Body Corporate Special Account has been developed in response to body corporate groups and managers not wanting the account to earn interest for tax reasons. 


 Monthly Account Keeping Fee^


 Transaction Fees^

The following interest rates apply to the Body Corporate Account and are on a per annum (p.a.) basis.
Interest Rate
working rate
Term Rates (in addition to working rate):
$1 to $9,999
$10,000 to $49,999
$50,000 to $249,999
$250,000 to $499,999
$500,000 or more
Tiered interest rates apply to body corporate account only and are calculated on daily balances and paid 3 monthly on the anniversary date. Term rates available only on funds remaining in account for 3 months minimum.
Rates Effective From 01/05/2024
Research tools
Guide to starting a business
How to open a business account
Tips on applying for a business loan
Business loan interest rates
More interest rates
Budget planner
Savings calculator
Term deposit calculator

Our Business Banking Specialists are available to answer any of your questions, so you can choose the product that best suits your needs. They can also help with setting up your business account, internet banking and lots more.  Tap here for live assistance.