Specialised Accounts

Bank accounts for specific industry needs

No matter what your industry or community group's requirements are, our specialised accounts are built around your specific needs.

 

We offer specialised accounts for the following industry professionals:

  • Real estate agents - QLD or NSW
  • Solicitors - QLD or NSW
  • Primary producers within the farming industry
  • Not-for-profit organisations

Real Estate Trust Accounts

We offer investment and statutory trust accounts for real estate agents who are licensed to operate in Queensland or New South Wales, who hold money in trust on behalf of clients. 

 

Real Estate Investment Trust Account

 

Real Estate/Agents Investment Trust Account allows real estate and other agents to open an interest-bearing account to hold trust money which they hold on behalf of a client. These accounts are used when agents will hold trust money for an extended period (generally a period greater than 60 days).

 

Account Features  

  • Accounts established under the exclusive control of the eligible Real Estate/Agent
  • All statements and account correspondence sent directly to the eligible Real Estate/Agent
  • Fixed term accounts are available with our Premier Investment Account
  • At-call accounts are available with our Business WebSavings Account
  • Cash, ATM/EFTPOS and telephone banking withdrawals or transfers are not permitted

 

Statutory Trust Accounts

 

QLD PAMD (Property Agents & Motor Dealers) Trust Account 

 

  • Available to licensed property agents and motor dealers to hold funds in trust for clients in QLD only
  • Complies with trust account legislative requirements in the Property Occupations Act 2014, Agents Financial Administration Act 2014, Motor Dealers and Chattel Auctioneers Act 2014, and Trust Accounts Act 1973 (QLD)
  • Standard monthly account maintenance fee of $6.00 is waived whenever you hold a minimum monthly balance of $5,000.
  • Access the account via cheque book, in-branch or through Internet Banking.

 

 

NSW Agents Trust Account 

 

  • Available to Real Estate Agents, Stock and Station Agents, Business Agents, Strata Managing Agents, Community Managing Agents and On-site Residential Property Managers in NSW only
  • Complies with trust account legislative requirements in the Property Stock and Business Agents Act (NSW) 2002
  • Standard monthly account maintenance fee of $6.00 is waived whenever you hold a minimum monthly balance of $5,000.
  • Access the account via cheque book, in-branch or through Internet Banking.

 


Farm Management

These accounts provide primary producers with the opportunity to shift pre-tax primary production income from years when it is needed least to years when it is most needed.


Non for profit/Community banking

Our Community Banking Options is tailored to help your not-for-profit organisation both save money, manage day to day funds, improve cash flow and earn extra interest on any surplus funds.