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Statutory Trust Account

Statutory Trust Account

Helps you comply with statutory requirements for holding clients' funds on trust.

Everyday benefits

  • Compliance made easy
  • Land Agents/Brokers and Valuers' Trust Account suitable for real estate agents
  • Solicitors' Trust Account suitable for solicitors and legal professionals

What you get

15 free over the counter deposits or withdrawals, 15 free cheque deposits or merchant envelopes monthly

 

Convenient access to trust funds using cheque and via branch

Interest calculated daily, paid according to each State's trust account legislation

 

Fees and interest

Account fee

  • $6 monthly account keeping fee

Transaction fees

Interest

Are you eligible?

How to apply?

The Detail

Conditions and fees apply.

The information on our website is prepared without knowing your financial circumstances. Before deciding to acquire or hold a product, please read the Terms and Conditions.

Consider if the product is appropriate for you. The Terms and Conditions are important and we encourage you to review, save and print them. If you would like a paper copy ask at your local branch.

Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.

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