Best business accounts for SaaS and Software in Australia
Snapshot
SaaS and software companies in Australia often earn recurring revenue from overseas customers and pay for cloud services in foreign currencies. They tend to value multi currency accounts, payment acceptance, and clean records that export to accounting tools.
Suits SaaS and Software best
Software firms billing customers abroad
Typical monthly fee
From no monthly fee to about A$149 a month by plan
Non resident position
Possible where the company is registered in Australia. Verify with the provider.
Providers that fit
Three reviewed here
Fees and features as of 7 April 2026Last reviewed 7 April 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
SaaS and software businesses usually collect subscriptions from several countries and pay cloud and contractor costs in foreign currencies. As of 7 April 2026, Airwallex adds payment acceptance and multi currency wallets, Wise Business keeps conversion costs low, and Revolut Business offers spend controls on paid plans. Compare current fees and features before choosing.
What a SaaS company in Australia needs from a business account
Software companies tend to want multi currency holding so overseas revenue does not convert twice, low conversion margins on the currencies they actually use, and exports that feed accounting and revenue tools. Some also want to accept card payments from customers. A no monthly fee account suits an early stage product, while a paid plan can pay off where you need richer controls or payment acceptance. Confirm current terms with the provider.
A
Airwallex
Multi currency wallets plus payment acceptance and spend tools, with a monthly fee unless deposit conditions are met.
Best for
SaaS collecting payments globally
Monthly fee
A$0 a month on Explore where deposit and balance conditions are met, otherwise A$29
Compare accounts for SaaS and Software in Australia
These providers accept SaaS and software companies registered in Australia. Fees and eligibility shown as of 7 April 2026. Confirm current terms with the provider before applying.
Questions about banking for SaaS and Software in Australia
Which account suits a SaaS business collecting overseas subscriptions?
An account that holds and receives several currencies usually helps, so revenue is not converted twice. As of 7 April 2026, Airwallex and Wise Business both hold multiple currencies, while Airwallex also offers payment acceptance. Compare the currencies and fees that match your customers with the provider.
Can these accounts accept card payments from customers?
Airwallex offers payment acceptance alongside its business account as of 7 April 2026, while Wise Business and Revolut Business focus on holding, sending and receiving funds rather than a customer payment gateway. Confirm current capabilities and fees with the provider.
What are the international fees for a software business?
International costs are mainly the currency conversion margin. As of 7 April 2026, Wise Business converts from about 0.63 percent, Airwallex applies about 0.5 to 1 percent, and Revolut Business charges about 0.6 percent above a monthly allowance. Rates change, so verify with the provider.
Is there a no monthly fee option for an early stage SaaS?
Yes. Wise Business charges no monthly fee as of 7 April 2026, with a one off A$65 to enable local account details, and Airwallex can waive its A$29 Explore fee where deposit or balance conditions are met. Verify current figures with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 7 April 2026. Confirm current terms with the provider before applying.