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 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.

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 ways we can help

Use our help guides, FAQs and other support services to help you manage your banking more easily.

Contact us

Request a call back

Let us help you with your business banking needs.

Call us

Call us for your general enquiries about business banking.

Visit a NAB branch

Use our locations tool to find business banking services.

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 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.