The Finance Algorithm
Suncorp Bank

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
No headline figures published.
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
Card ReplacementEventNo fee
Copy of bank chequeEvent$12
eStatementsEventNo fee
Interest CertificateEvent$10
Physical Security TokenEvent$20
Real Time Gross Settlements (RTGS) - outwardEvent$35
Record Search/Copy Fee (cheques, records, voucher retrieval)Event$70
Request for Audit CertificateEvent$30
Stop Payment Request - bank chequesEvent$15
Trace/recall of funds requestEvent$30
Account keeping feePeriodicNo feeEvery 1 mo
§ 03 — Features
Unlimited transactions
  • · Pay $0 account keeping fees
  • · Business Payments Direct Entry Credit
  • · Deposit only card access
§ 04 — Eligibility & limits
  • · Available to businesses
§ 05 — Compare
§ 06 — Run the numbers

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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.