Help & support
Hold your client’s money securely and adhere to relevant state legislation.
Deposit directly to your Statutory Trust Account online or through our extensive branch network (assisted transaction fees may apply).
Where allowed by relevant state legislation, access client funds through online banking and/or your account chequebook (assisted transaction fees may apply).
Easily manage your Statutory Trust Account.
24/7 visibility of your account
Track transactions as they happen
The Statutory Trust Account will pay interest directly to the relevant statutory body.
Monthly account fee must be redirected to a valid CommBank transaction account maintained and nominated by you.
Other Fees and Charges apply, refer to our Terms and Conditions.
Have at least one of these handy:
You'll also need your relevant industry license, practice certification or membership, as legal practitioners, real estate agents, auctioneers, conveyancers and settlement bodies.
If you are not in an industry eligible for a Statutory Trust Account, please visit us in any branch or call 13 1998 to discuss other account options which may be suitable for you.
^ The Canstar 2023 Bank of the Year Award was received in June 2023 for Digital Banking. For more information, visit canstar.com.au.
The target market for this product will be found within the product’s Target Market Determination, available here.
This information has been prepared without taking into account your individual or business needs and objectives. Eligibility criteria applies. Interest rates are subject to change. Fees and charges may apply. You can view the Terms and Conditions, our Financial Services Guide and the Electronic Banking Terms and Conditions and should consider them before making any decision about these products and services.
Refer to your relevant Statutory Body website for detailed requirements on opening a Statutory Trust Account.
