Regional Australia Bank
Solicitors Trust Account
A trust account to meet the specific needs and statutory requirements of Solicitors.
Trust accountsBank updated 30 Apr 2026
At a glance
- No headline figures published.
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInterest rates are available on request for this product. Interest is calculated on the daily balance and paid to the Law Society Monthly | — | — | — | 0.00% | — | paid every 1 mo |
§ 02 — Fees · 3
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cheque Deposit Fee | Deposit | $0.50 | — | Your first 10 cheque deposits to your membership each month are free, each subsequent deposit will be charged per cheque. No fees can be charged to this account. Any applicable fees will be charged t… |
| Financial Institution Cheque Fee | Event | $11 | — | Applies for each bank cheque you order from us. No fees can be charged to this account. Any applicable fees will be charged to another account under your membership. |
| Staff Assisted Fee- Industry Trust Accounts | Transaction | $2.25 | — | Applies per withdrawal or debit transfer processed by branch or Service Support Centre Staff. No fees can be charged to this account. Any applicable fees will be charged to another account under your… |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
- · Combined balances of up to $250,000 per account holder are guaranteed and secured by the Australian Government.
- · A cheque book is available on request. For full details refer to our Conditions of Use. Fees and charges apply.
§ 04 — Eligibility & limits
- · Minimum balance $1
- · As a customer-owned bank, customers must also become a shareholder of Regional Australia Bank to be eligible to open an account.
- · A Solicitors' Trust Account must be operating alongside a general account under the same membership number so that any fees relating to the operation of the trust can be charged.
- · The customer must be an Australian Registered Solicitor.
§ 05 — Compare
Published by Regional Australia Bank under the Consumer Data Right, last changed by them on 30 Apr 2026. 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.