Westpac Banking Corporation


Bank accounts

Statutory Trust - Real Estate Agents

Essentials

  • No monthly service fee
  • 30 free transactions each month
  • Access to your funds using cheque, branch and Business Online Banking
  • Account enquiries via Business Telephone Banking.
Apply for Statutory Trust - Real Estate Agents now

Did you know?

In 2011, Money Magazine has awarded Westpac the prestigious 'Business Bank of the Year" award for the fourth year in a row.

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Related documents
Things you should know
  • This account is only available to members of professional associations who are required by law to deposit funds held on behalf of their clients to a trust account with a financial institution.  Approval of applications is at the discretion of the Bank.
  •  

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Fees

Statutory Trust - Real Estate Agents fees
Description Fee
Monthly service fee Nil
Number of free transactions per month1 30
Transaction fees (charge per transaction when the number of free transactions per month is exceeded)
Description Fee
Self-service (electronic) withdrawal $0.20 (where applicable)
Self-service (electronic) deposit $0.20
Cheques written $0.60
Cheques collected/deposited2 $0.60
Staff assisted withdrawal3 $1.00
Staff assisted deposit $1.00
Narrated credits4 $1.00
Transaction fees (charge per transaction not included in the free transactions per month)
Description Fee
Non-Westpac Group branded ATMs (within Australia) N/A
Overseas ATM N/A
Business Telephone Banking

NIL

Business Online Banking Account enquiries are always free when you use Business Online Banking

 

Related documents
Things you should know
  • 1.Fees and charges apply per transaction when the number of free transactions per month is exceeded
  • 2.A deposit to an account with two cheques will count as three transactions, one for the deposit (which is charged as a branch transaction) and one for each cheque lodged because each item requires individual processing
  • 3. The branch staff-assisted electronic fee is not applicable if your business account does not have card access
  • 4.Narrated credits are branch transactions using a serial number encoded deposit slip designed to allow you to identify the deposit from the serial number used
  • This account is only available to members of professional associations who are required by law to deposit funds held on behalf of their clients to a trust account with a financial institution.  Approval of applications is at the discretion of the Bank.
  •  

  • Adobe Acrobat Reader
    To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format.