Benefits and features
Manage the risk of changing income
Designed for contracting parties required to open and maintain Project Trust Accounts and Retention Trust Accounts under Queensland Building Fairness (Security of Payment) laws.
Easy electronic access to your account
You can electronically access your NAB Queensland Project Trust Accounts through our user-friendly platform, NAB Connect.
Get the most from your NAB Queensland Project Trust Accounts
Eligibility
To be eligible for the NAB Project Trust Account and Retention Trust Account you must confirm you are a party required to open and maintain a Project Trust Account or Retention Account in relation to eligible building contracts under the Queensland Building Industry Fairness (Security of Payment) laws.
More information on the Building Industry Fairness (Security of Payment) laws is available on the website of the Department of Housing and Public Works, opens in new window.
How to apply
Contact your NAB relationship manager or request a call back.
Additional resources
View our customer guide to NAB Queensland Project Trust Accounts for more information on account set-up and managing user permissions.
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.
Terms and Conditions
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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.
The Target Market Determination for this product is available at nab.com.au/TMD.