---
description: Learn more about Business account opening price, benefits, and disadvantages for businesses in Australia. Read reviews from verified users and discover similar tools that fit your business needs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Business account opening Cost & Reviews - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [Banking Software](/directory/20008/banking-systems/software) > [Business account opening](/software/1082526/Business-account-opening)

# Business account opening

Canonical: https://www.capterra.com.au/software/1082526/Business-account-opening

> Loquat's Business account opening solution streamlines KYC, KYB, and AML processes for financial institutions.
> 
> Verdict: Rated \*\*\*\* by 0 users. Top-rated for **Overall Quality**.

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## Overview

### Who Uses Business account opening?

Streamline the process of opening business accounts with instant KYC, KYB, and AML checks. Elevate your user experience for business members and customers through an elite UI/UX

## About the vendor

- **Company**: Loquat

## Commercial Context

- **Starting Price**: USD 50.00
- **Pricing model**: Usage Based
- **Pricing Details**: Our pricing model is aligned on growth and digital adoption. We typically have 3 components to our pricing, including (1) an enterprise integration fee, (2) an annual platform fee, (3) and transaction fees based on usage.

Focus and simplicity. Loquat is purpose-built for regional and community banks and credit unions, with a deep understanding of the regulatory, operational, and user experience challenges you face.
- **Target Audience**: 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Windows (On-Premise), Chromebook (Desktop)
- **Supported Languages**: English
- **Available Countries**: United States

## Features

- Compliance Management
- Compliance Tracking
- Document Management
- Multi-Branch
- Online Banking
- Securities Management
- Transaction Monitoring

## Integrations (6 total)

- Docusign
- ForgeRock
- Plaid
- Q2 Platform
- SendGrid
- Twilio

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- Phone Support
- Chat

## Category

- [Banking Software](https://www.capterra.com.au/directory/20008/banking-systems/software)

## Alternatives

1. [Creatio CRM](https://www.capterra.com.au/software/130149/bpm-online-crm) — 4.7/5 (133 reviews)
2. [NexorONE](https://www.capterra.com.au/software/128510/nexorone) — 5.0/5 (14 reviews)
3. [Online Check Writer](https://www.capterra.com.au/software/171148/online-check-writer) — 4.5/5 (255 reviews)
4. [Qonto](https://www.capterra.com.au/software/173384/qonto) — 4.5/5 (240 reviews)
5. [authorize.net](https://www.capterra.com.au/software/54911/authorizenet) — 4.5/5 (215 reviews)

## Links

- [View on Capterra](https://www.capterra.com.au/software/1082526/Business-account-opening)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.capterra.com/p/10034368/Business-account-opening/> |
| en-AE | <https://www.capterra.ae/software/1082526/Business-account-opening> |
| en-AU | <https://www.capterra.com.au/software/1082526/Business-account-opening> |
| en-CA | <https://www.capterra.ca/software/1082526/Business-account-opening> |
| en-GB | <https://www.capterra.co.uk/software/1082526/Business-account-opening> |
| en-IE | <https://www.capterra.ie/software/1082526/Business-account-opening> |
| en-IL | <https://www.capterra.co.il/software/1082526/Business-account-opening> |
| en-IN | <https://www.capterra.in/software/1082526/Business-account-opening> |
| en-NZ | <https://www.capterra.co.nz/software/1082526/Business-account-opening> |
| en-SG | <https://www.capterra.com.sg/software/1082526/Business-account-opening> |
| en-ZA | <https://www.capterra.co.za/software/1082526/Business-account-opening> |

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