Corporate Employee Transaction Account (CETA)
The Corporate Employee Transaction Account offers the employees of an organization with 20 or more staff to take advantage of low cost of products and services offered through Westpac. This includes having a low cost transaction and savings account and a high credit interest account which allows the individual to save for a rainy day. Monthly maintenance fee on the CETA account is $1.
For the organization it provides a safe, secure and convenient method of salary transfer and minimizes cash handling. Concessions and discounts are also available on other products and services.