NAB Statutory Trust Account

A transaction account to keep your clients’ money in trust and meet your industry’s regulatory requirements.

Meet your industry's regulatory requirements

Keep your client’s money in trust and meet your industry’s regulatory requirements.

Interest paid automatically

We pay credit interest to your industry’s governing body automatically depending on your industry, state or territory.

Account balance

No minimum account balance needed.

Access your account

You can access your money with a cheque book, NAB Internet Banking and NAB Connect.
You can also use NAB Internet Banking and NAB Connect to view your account and access online statements.

Fees and charges may apply depending on your industry, state or territory¹.

Eligibility

Only available to businesses that need to keep a client's money in statutory trust in order to meet their industry governing bodies’ legislation such as:
- solicitors
- real estate agents
- conveyancers.
You'll also need to have one of our business transaction accounts open, for bank or government fees and charges, and debit interest relating to the statutory trust account to be charged.

Important information

¹Other service fees may apply.

Business Banking Fees – A guide to fees and charges

Statutory Trust Accounts Terms and Conditions

NAB recommends you consider the Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding these products. These products are issued by National Australia Bank Ltd ABN 12 004 044 937.

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