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ASB Business Banking Review

In-depth analysis of ASB FastNet Business banking - New Zealand's most innovative digital business banking platform.

4.4/5
Expert Rating
$10
Monthly Fee
20
Free Transactions
🏆 Our Top Recommendation for Digital-First Businesses

ASB leads in digital innovation with the best mobile banking app and cutting-edge online features.

$10
Monthly Account Fee
$0.30
Per Transaction (after 20 free)
$2,000
Minimum Balance
4.8★
App Store Rating

Why ASB Leads in Digital Banking

Award-Winning Mobile App

Consistently rated #1 business banking app in NZ with intuitive design and comprehensive features.

FastNet Business Online

Sophisticated web platform with bulk payments, cash forecasting, and advanced reporting tools.

Real-Time Insights

Live transaction notifications, cash flow alerts, and spending category breakdowns.

API Integration

Seamless connection to Xero, MYOB, and other business software with secure APIs.

Customizable Dashboards

Personalize your banking dashboard with the metrics and tools most important to your business.

Advanced Security

Multi-factor authentication, fraud monitoring, and secure digital signing for payments.

ASB Business Banking: Pros & Cons

Advantages

  • Best-in-class mobile and online banking platforms
  • Excellent customer service and support
  • Innovative features and regular platform updates
  • Seamless accounting software integration
  • Strong focus on user experience
  • Competitive business lending rates

Disadvantages

  • Higher transaction fees at $0.30 per transaction
  • Smaller physical branch network than ANZ/BNZ
  • Premium pricing for some advanced features
  • May be overwhelming for very simple banking needs
  • Requires comfort with digital banking

Who Should Choose ASB Business Banking?

Tech-Savvy Businesses

Companies that prioritize digital banking and want cutting-edge online and mobile features.

Growing SMEs

Small to medium businesses that need sophisticated banking tools without enterprise complexity.

Integration-Focused

Businesses heavily using accounting software who need seamless banking integration.

Perfect For:

Service businesses, consultancies, creative agencies, e-commerce stores, and any company that values innovation and excellent user experience over traditional banking relationships.

Experience ASB's Digital Excellence

See why ASB is our top recommendation for digital-first businesses.