ANZ Statutory Trust Account - Products and services

ANZ Statutory Trust Account

Compliance made easy

If you’re legally required to hold money in trust on behalf of your customers, like solicitors and real estate agents are, our Statutory Trust Account can help. You’ll pay no service fees to keep your costs down, plus easy access to your client’s money when you need it.

Benefits at a glance

Suitable for

Think about our Statutory Trust Account if you are legally required to hold funds in trust for your clients.

How to apply

For businesses with turnover $5M to $40M:

Business Direct Centre
Phone icon1800 801 485 - 8am-8pm (AEST) weekdays

For corporate's & large corporate's with turnover more than $40M:

email icon Email Corporate Banking

or

Phone icon 1300 883 798
Phone icon +61 3 9601 1260

Product information

Interest paid
In accordance with legislation, interest earned on the ANZ Statutory Trust Account must be paid to a government body or institute.

Free transactions*
Nil.

Easy access
ANZ Internet Banking**, ANZ Internet Banking for Business**, ANZ Phone Banking**, ANZ branch or cheque book (optional). Transaction access is only available where legislation permits, otherwise view-only access is available.

Business overdraft
Not available. The ANZ Statutory Trust Account must always have a credit balance.

Cheque facility
An optional cheque facility is available.

Regular statements
Monthly or on request. You also have 24 hour access to your account details via ANZ Internet Banking**, ANZ Internet Banking for Business** and ANZ Phone Banking**.

Fees and charges
Fees and charges are payable.

Terms and conditions

Business banking solutions you might also like:

* Transaction includes any deposit, withdrawal or transfer, cheques drawn by you and any cheque or manual merchant slip deposited to your account.
** Temporary service interruptions may occur. Technical requirements apply.

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