QLD PAMD (Property Agents & Motor Dealers) Trust Account
This is our trust account that is used by Queensland real estate agents, auctioneers and commercial agents, such as motor dealers and debt collectors to hold funds in trust for clients.
Features and benefits
Accessing your account
Fees and charges
| Item | Fee/charge |
|---|
Account Maintenance Fee | $6.00 |
Minimum monthly balance to waive Account Maintenance Fee | $5,000 |
TRANSACTION FEES |
Over the counter | $0.55 each |
Cheques written | $0.65 each |
Cheques deposited | 5 free per month then $0.40 each |
Direct entry | 5 free per month then $0.20 each |
INTERNET BANKING |
Funds transfer and BPAY® | 10 free per month
then $0.20 each |
Single Pay Anyone or Funds transfer to third party Bank of Queensland accounts | $0.65 each |
Multi Payment | $1.30 for up to 10 payments (then $0.15 for each additional transaction) |
Balance enquiry/
Transaction history enquiry | All free |
QLD PAMD Trust Account complies with trust account legislative requirements in the Property Agents and Motor Dealers Act (QLD) 2000 and Trust Accounts Act (QLD) 1973.
Other fees and charges apply. Full terms and conditions are available on request. Statutory government charges apply.
To apply for a trust account gather your required information and visit your nearest branch.
Important information
Please view the terms and conditions listed below on the Terms and Conditions page:
- Business Banking Guide to Fees and Charges
- Business Transaction and Investment Accounts Terms and Conditions
Information current as at March 19, 2010.
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. 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 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.