Business 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 AccountA copy of your solicitor’s practicing certificate
QLD PAMD Trust AccountA copy of your Agent's licence
NSW Solicitor Trust Account

A copy of your solicitor's practicing certificate

NSW Agents Trust Account

A copy of your Agent's licence

Written notification that the account is required under the applicable State Legislation.  There is a prescribed form of notice in NSW, which can be obtained from the applicable State authority.  

To be eligible to open and maintain a Trust Account you must provide BOQ with a unique identifying number, via the prescribed from of notice provided by the NSW Office of Fair Trading.


For more information

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