Conveyancer Trust Account

General Lending Rates

Product Features

• Unlimited Txns

• Digital Banking

• Npp Payid

• Npp Enabled

• Notifications

• Bill Payment Additional Information: Pay bills using BPAY

Product Eligibility

• Business Additional Information: Conveyancers who are required to hold a statutory trust account under the Property, Stock and Business Agents Act 2002

• Residency Status - Australian Citizen Or Permanent Resident, Or As Otherwise Approved.

• Other Additional Information: A Business Cheque Account must be opened and maintained for fees and charges associated with this account

Bank Fees and Charges

• Cheque Dishonour (Event), Amount: 9.00. Additional Information: Payable when a cheque drawn by you or deposited by you that has not been accepted by us or another financial institution.

• Direct Entry Dishonour (Event), Amount: 9.00. Additional Information: Payable when a direct entry (inward and outward) is dishonoured.

• Document Fee (Event), Amount: 60.00. Additional Information: $60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Account e.g. evidence of a Visa Debit Card purchase.

• Financial Institution Cheque (Event), Amount: 2.50. Additional Information: Payable when you request us to issue a financial institution cheque.

• Miscellaneous Service Fee (Event), Amount: 60.00. Additional Information: $60.00 per hour. Payable if you request information not covered by the Document Fee.

• Overseas Telegraphic Transfer (outward) - Australian Currency (Event), Amount: 50.00. Additional Information: Payable if we assist you send funds electronically overseas in Australian dollars.

• Overseas Telegraphic Transfer (outward) - Foreign Currency (Event), Amount: 30.00. Additional Information: Payable if we assist you send funds electronically overseas in a foreign currency.

• Physical Foreign Currency (Transaction), Amount: Not Listed.. Additional Information: 1% of Australian currency equivalent amount. Payable when physical foreign currency is issued or purchased.

• Reference Fee (Event), Amount: 9.00. Additional Information: Payable each time the account becomes overdrawn without our prior agreement.

• Unclaimed Monies Fee (Variable), Amount: 20.00. Additional Information: The lessor $20.00 or account balance. Payable when an account is classified as dormant.

• Online International Transfer (outward) (Event), Amount: 30.00. Additional Information: Payable if you use online banking to transfer funds internationally.

 Limitations & Restrictions (Constraints)

• Opening Balance of 0.00

• Min Balance of 0.00