NAB Statutory Trust Account
A transaction account to keep your clients’ money in trust and meet your industry’s regulatory requirements.
Trust accountsBank updated 9 Apr 2025
At a glance
- Monthly fee
- $5
Rates
The one rate NAB publishes for this trust account.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Penalty | P&I | - | - | 15.16% | - | Not applicable; Overdrawn penalty rate |
Fees
5 fees published, grouped by when they're charged.
While you hold it1
- Monthly Account Service Fee$5 a month
When you make a transaction4
- Banker Assisted Transaction$2.50
- Cheque Fee$0.60
- Electronic Transaction (where available) - Excludes Multiple Funds Transfers, made via NAB Internet Banking, which will incur a different feeNo fee
- Non-Banker Assisted Transaction$0.60
Features
Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactionsRelationship manager
Eligibility and limits
- Available to businesses
- Interest paid to the state governing body at the end of month.
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Published by National Australia Bank under the Consumer Data Right, last changed by them on 9 Apr 2025. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.