Apply for a statutory trust account


How to apply

To apply for a Statutory Trust Account, gather your required information as listed below and visit your nearest branch.

What we need from you:

  • your name, address, date of birth and occupation
  • details of the name of the account
  • details of all signatories to the account
  • any other name by which you or any signatories may be known (such as a maiden name)
  • the name, address and date of birth of any director, officer or authorised person of the company that the account is held in
  • your Tax File Number (TFN) (not compulsory)

 

If you or any signatories on your Account are not already a customer, please contact one of our branches to determine what identification is required to open your Account.  Generally you can satisfy our identification requirements by providing the following:

1. A current Australian driver's licence; and

2. A valid Australian passport.


Type of trust account Required information
QLD Solicitor Trust AccountCopy of the Solicitor’s practicing certificate
QLD Property Agents & Motor Dealers Trust AccountOfficial acknowledgement letter from the Queensland Department of Fair Trading
QLD Special Trust AccountOfficial acknowledgement letter from the Queensland Department of Fair Trading 
NSW Solicitor Trust Account

Copy of the Solicitor’s practicing certificate;

or if incorporated, a copy of the certificate of incorporation and appointment of solicitor as director is required

NSW Agents Trust AccountCopy of the licence and written notification from the Agent to us that the account is a trust account
ACT Solicitor Trust AccountCopy of the Solicitor’s practicing certificate
ACT Agents Trust AccountCopy of the licence and written notification the account is a trust account
VIC Solicitor Trust Account

Copy of the Solicitor’s practicing certificate;

or if incorporated, a copy of the ASIC certificate of incorporation and appointment of solicitor signatory as director of the incorporation is required

NT Agents Trust Account

Copy of the licence and written notification the account is a trust account

WA Solicitor Trust AccountCopy of the Solicitor's practicing certificate
WA REBA Trust, WA Settlement Trust & WA Tenancy Bond Account

A copy of the customer's Triennial Certificate

TAS Agents Trust Account Written notification by the Auctioneer or Agent to the Bank that the account is to be a trust account. 
TAS Solicitor Trust AccountCopy of the Solicitors practicing certificate.
SA Solicitor Trust AccountCopy of the Solicitor's practicing certificate
SA Agents Trust AccountCopy of the licence and written notification the account is a trust account.


For more information

If you have further queries speak to one of our friendly customer service consultants on 1300 55 72 72.

 

Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Fees and charges are payable. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the relevant Product Disclosure Statement (PDS), terms and conditions, Financial Services Guide and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any Bank of Queensland branch or from this website.


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