Benefits of this account
The features and benefits that make the NAB statutory account easy to use and perfect for managing your clients accounts.
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.
Easily access your account
You can access your money and view your accounts and online statements using NAB Internet Banking and NAB Connect.
Rates and fees
Fees and charges may apply depending on your industry, state or territory.
Before you apply
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.
NAB Statutory Trust Account
NAB Statutory Trust Account
NAB Statutory Trust Account
NAB Statutory Trust Account
NAB Statutory Trust Account
Other accounts to consider
Looking for some other business banking solutions to complete your banking set up? Here are a few suggestions.
Help and support
We’re here to help. Use our guides and training to help you manage your business and banking.
Other ways we can help
Use our help guides, FAQs and other support services to help you manage your banking more easily.
Get in touch
Contact us
Visit our business banking contact page for how-to-guides and FAQs, as well as contact numbers.
Visit a NAB branch
Our business bankers are located all around Australia.
Terms and Conditions
Apologies but the Important Information section you are trying to view is not displaying properly at the moment. Please refresh the page or try again later.
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 Limited ABN 12 004 044 937.
Target Market Determinations for these products are available at nab.com.au/TMD.
Closing your account
You or any other authorised person can request to close your account by visiting a NAB branch, calling our contact centre, contacting your banker or by providing written notice. There may be certain circumstances in which we are unable to immediately close your account, and in these cases we may request further information from you.