Our Business Bank Guarantee is an alternative to providing a deposit or bond directly to a supplier, vendor or landlord. It is an unconditional undertaking given by Queensland Country Bank, on behalf of our Member, to pay the recipient of the guarantee the amount of the guarantee on written demand. It gives them certainty of payment and you the ability to increase your cash flow.
Features
- Ability to avoid paying the full amount of a deposit in cash, for things like security deposits or contract performance guarantees
- Keep your cash flow for other purposes to help run and grow your business
- Grow your business by giving certainty of payment
- Available for a range of purposes
- Flexible security options
- Flexible terms
- Earn interest on cash security
- We allow for flexible security options, depending on your business circumstances including cash, residential and commercial security.
Enquire now to speak to one of our friendly Business Banking Managers and discuss your business needs.
Information you need to know
Terms and conditions apply and are available on request.
Rates are subject to change. Variable interest rates may change at any time without agreement. All interest rates quoted are per annum. Fees and charges are payable. Credit approval and terms: Normal lending criteria, terms and conditions apply and are available on request.
Overdraft, Loans and Credit Card Interest Rates: The interest rate applicable to Overdrafts, Loans & Credit Cards is determined during the loan assessment process and may include a negative or positive margin. The margin, which may be subject to change, is determined at our discretion and will be reflected in the interest rate disclosed in the loan contract.
Tax File Number
Interest earned on all savings accounts must be declared for income tax purposes. If you do not provide us with your Tax File Number or Tax File Number Exemption or Australian Business Number (ABN), we must deduct tax at the highest personal income tax rate plus the Medicare Levy from your interest earned. You are not obliged to provide your Tax File Number or Tax File Number Exemption or ABN.
Business Definition
A business is defined as a body corporate or person involved in a commercial activity including a company, partnership or sole trader with an ABN, incorporated association or co-operative.
Important Information
If you wish to have both business and personal accounts with Queensland Country, these will need to be opened and operated separately. Members seeking the waiver of the Monthly Account Service Fee due to not-for-profit or charitable status will be required to provide relevant documentation.
Before acquiring this product, the information above should be read in conjunction with the following documents to determine if this product is right for you: Financial Services Guide; Business Banking Brochure; Fees and Charges brochure; Account and Access Facility Conditions of Use; Credit Guide and Business Lending Interest Rates Schedule.
Rates and fees effective: 30th September 2026