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Solicitor's Trust Accounts (QLD)

A Solicitor’s Trust Account is a specialised account for Queensland solicitors who are legally required to hold client monies in a statutory trust. It can be used for conveyancing, probate work, litigation settlements, commercial transactions (e.g. Floating Companies) and matrimonial money held under Court Order whilst holding client funds on trust.

Trust accountsBank updated 1 Aug 2024
Apply at Suncorp Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Monthly fee
$0

Fees

11 fees published, grouped by when they're charged.

While you hold it1

  • Account keeping fee
    No fee

When particular things happen10

  • Card Replacement
    No fee
  • Copy of bank cheque
    $12
  • eStatements
    No fee
  • Interest Certificate
    $10
  • Physical Security Token
    $20
  • Real Time Gross Settlements (RTGS) - outward
    $35
  • Record Search/Copy Fee (cheques, records, voucher retrieval)
    $70
  • Request for Audit Certificate
    $30
  • Stop Payment Request - bank cheques
    $15
  • Trace/recall of funds request
    $30

Features

Unlimited transactions
  • Pay $0 account keeping fees
  • Deposit only card

Eligibility and limits

  • Available to businesses

Put this product through a calculator

Published by Suncorp Bank under the Consumer Data Right, last changed by them on 1 Aug 2024. 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.