The Finance Algorithm
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Agent’s Statutory Trust Account (QLD)

The Agent’s Statutory Trust is a specialised account for licensed Queensland Real Estate Agents, Auctioneers, Motor Dealers, Resident Letting Agents and Debt Collectors (Field or Collection agents) to hold deposits on behalf of their clients, in a legally compliant account.

Trust accountsBank updated 1 Aug 2024

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
  • Business Payments Direct Entry Credit
  • Deposit only card access

Eligibility and limits

  • Available to businesses

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.