An interest-bearing cheque account designed to hold monies in trust for third parties.

Business trust accounts can be operated independently or in conjunction with a Business cheque account.

Features at a glance

• No minimum opening balance applies.
• Interest calculated daily and paid quarterly.
• Account statements issued quarterly and available more frequently on request.
• No account service fee applies if your minimum monthly deposit balance exceeds $10,000.
• You receive a rebate on transaction fees of up to $20 each month (depending on your minimum monthly deposit balance).

How can I access my account?

• ATMs and EFTPOS
• Adelaide Bank branches
• Cheque book (optional)
• Online Banking
• Express Line phone banking
• Direct debits & credits
• Periodical payments

Governing bodies and trust accounts

Certain professions are administered by a Governing Body and bound by legislation to operate an official trust account. Adelaide Bank trust accounts offer a number of additional features designed to meet these requirements:

• Interest can be swept to your trading account or forwarded to a designated body.
• Fees and charges must be swept to your trading account.
• Different interest rates apply to general trust accounts, legal practitioners trust accounts and land agents/land brokers trust accounts.

Please read the Product Guide when deciding whether to acquire this product and consider whether the product is suitable for you.