Banking services for insolvency practitioners

We understand the industry and the pressure that insolvency and bankruptcy practitioners are under. That's why we’ve created our insolvency service - to deliver an easy, streamlined account opening service. We have a dedicated service desk team who support our nationwide insolvency specialists. Best of all, there’s no additional cost to use this service.

How our insolvency service works

The service works like this:

• you sign a Master Account Authority to reduce time and paperwork for all future account opening needs
• you select the type of business account you need
• our insolvency service team will open the account and is generally ready to access online the same day (if the request is received on a business day before 4pm Melbourne time).

Seamless integration with insolvency software providers

Our insolvency banking service allows you to integrate your accounts with Australia’s leading practice management software providers, such as Insol6. This will help your business drive operational efficiencies and improve security. It also makes your bank reconciliations easier, reducing time-consuming manual work.