Real Estate Trust Account
This account is perfect for rental deposits and facilitating the purchase of property or other assets.
For use by certain licensed and regulated agents, being:
- In Queensland - Real Estate Agents, Auctioneers, Motor Dealers, Resident Letting Agents and debt collectors; and
- In New South Wales - Real Estate Agents, Stock and Station Agents, Business Agents, Strata/Community Managing Agents and On-site Residential Property Managers.
Each month, the first 20 Branch deposits and cheque withdrawals are free.
Access your account using the Branch or your chequebook.
No interest is paid to the account holder. Instead, interest earned is paid in accordance with legislation.
|Branch deposits||$0.70 per transaction|
|Cheque withdrawals||$0.60 per transaction|
|Cheque deposits||$0.60 per transaction|