You’ll need to meet certain eligibility criteria to apply, including:

• You must 18 years or older

• You must be a Tax Resident of Australia only

• Your business must have an active ABN

• You must be registered as a sole trader, private company directly owned by individuals, or a partnership with only individuals as partners.

See Open a Solo Money Account

You need to submit at least one form of identification (Australian driver's licence, Australian passport or Medicare card).

You'll also need to provide personal details such as your residential address and occupation. And you’ll need business details too, such as your ABN.

If your business has other owners or directors, you will need to enter their email address, so we can email them to verify their identity. They will be required to submit at least one form of identification (Australian driver's licence, Australian passport or Medicare card).

A pending transaction is a transaction that has not been processed yet. It will remain pending until the payment is processed or the merchant cancels or reverses the payment.

Pending transactions will not appear in the Solo Action hub and cannot be matched or categorised until they have been processed.