How do I open a business bank account?

New Tyro customers post 5 October 2021

Once you have your new Tyro EFTPOS or Tyro eCommerce solution, you will be able to open a Tyro Bank Account via the ‘Banking tab’ in the Tyro App.

Depending on your entity type, we may require some additional information before we can open an account for you and will notify you if this is the case.

Existing Tyro customers prior 5 October 2021

When you completed the Tyro application form for EFTPOS and/or eCommerce, you also received a Tyro Bank Account and would have had the opportunity to activate it.

To check if your account is active, you can log into the Tyro App – you’ll see the account appear on the Home screen and in the ‘Banking tab’.

If you haven’t activated your Tyro Bank Account, you will have the option to do so at any time in the Tyro App.

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