Tailored products for not-for-profits

As a not-for-profit, your mission comes first. But you also want to make sure your finances are in order.

Our tailored products help you keep your organisation on track, grow your resources and manage your everyday banking.

Browse our products below or get in touch with us today to speak about your organisation’s needs.


Gift Fund Account

An easier way to accept and manage financial gifts and donations, the Gift Fund Account has been designed for community organisations with Deductible Gift Recipient (DGR) status.

This account simplifies the administration of gifts while complying with Australian Taxation Office requirements for not-for-profit organisations, and the tiered interest rates mean your organisation benefits from a better return.

star Features
star Features
Tiered interest rates – the higher your balance, the higher the return
Interest calculated daily and paid monthly
$1 minimum to open
Access funds as needed
Bulk payments facility available
Internet banking available
Phone banking available
BPAY® available
Transaction fee rebates available
Cheque book facility available
® Registered to BPAY Pty Ltd ABN 69 079 137 518
fees Fees
fees Fees
Account service FREE
Direct debit FREE
Withdrawals from 40c
Transfers from 40c
External periodical payments $3.75
Refer to the fees & charges document for more information
percent Rates
percent Rates
$1 - $249,999.99 0.05% pa
$250,000 - $499,999.99 0.15% pa
$500,000+ 0.35% pa
Access Employment
Bendigo, VIC
Real understanding

Our knowledge of the sector sets us apart from other financial institutions. This product was developed specifically to assist not-for-profits to receive donations and apply for DGR status.

Popular Questions

The Gift Fund Account is for organisations with DGR status.

However, to apply for DGR status you need to have the correct account in place. We can help with progressing your DGR status application by opening this account in your name with a temporary stop placed on it. This stop can be lifted once you provide us with proof of your DGR status.

You can open this account in your local Bendigo Bank branch or you can complete the relevant form and send to our Customer Service and Engagement team.

You will need the 'Business Customer Account Opening Form'.

Each signatory, Beneficial owner/controller, signing directors/board members, will be required to present identification at their local Bendigo Bank branch or alternatively have a JP (or other authorised certifier) certify identification and complete the 'Certified Identification Form'.

If any of these people are already a customer of Bendigo Bank, they just need to provide us with their account number to link their identification to.

We will also require business documentation, this will be dependent on the type of organisation.

For Incorporated & Unincorporated Associations:
Meeting minutes that state the following information:-
• The date of the meeting
• State the account/s to be opened with Community Sector Banking/Bendigo bank
• State the full legal name of the intended signatories to the account/s
• State the signing instructions (how many to sign, for example 2 to sign)

For Incorporated Associations:
For incorporated associations we will be required to complete an ASIC search. If the organisation isn’t registered with ASIC you will need to provide us with an original, certified copy or extract of the rules or constitution of the organisation.

For Trusts:
An original or Certified Copy of the Full Trust deed and latest Original or certified copy of the Amendment to Trust. We will also require identification for one at least one trustee.

For Companies:
No further business documentation required - we will complete a company search on your behalf.

For any other types of organisations, please contact our Customer Service & Engagement team on 1300 272 265 for our business documentation requirements.

Click apply now to find the relevant forms or scroll to the end of this page.

More information can be found in our frequently asked questions by clicking here.

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