NAB
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
- No headline figures published.
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Penalty | P&I | — | — | 15.16% | — | Not applicable; Overdrawn penalty rate |
§ 02 — Fees · 5
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Monthly Account Service Fee | Periodic | $5 | Every 1 mo | — |
| Banker Assisted Transaction | Transaction | $2.50 | — | — |
| Cheque Fee | Transaction | $0.60 | — | — |
| Electronic Transaction (where available) - Excludes Multiple Funds Transfers, made via NAB Internet Banking, which will incur a different fee | Transaction | No fee | — | — |
| Non-Banker Assisted Transaction | Transaction | $0.60 | — | — |
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactionsRelationship manager
§ 04 — Eligibility & limits
- · Available to businesses
- · Interest paid to the state governing body at the end of month.
§ 05 — Compare
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.