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Statutory Trust Account

Compliance made easy

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


Branch transactions

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

Stay up to date

SMS and email alerts1 to keep track of your account activity.

Easy access

Convenient access to trust funds using cheque and via branch.

Earn interest

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


Fees and interest


Fees and interest
Monthly account keeping fee $6
Transaction fees

Charged when monthly fee-free allowance is exceeded

Read more about fees and charges and how to minimise them

Read more about our interest rates


How to Apply

Please read the Terms and Conditions before you apply for a Statutory Trust Account.


Call 1800 804 411

Monday to Friday 8.30am to 5pm.

Visit a branch

Find your nearest branch by using the online locator

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.

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

SMS alerts cost 25 cents each and email alerts are free.