---
title: "Controlled Money Account — Bank of Queensland Limited"
description: "Regulated Trust Accounts from Bank of Queensland Limited. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bank-of-queensland-limited/products/f4176288-5c03-ee11-8f6e-00224814dce7
source: "CDR Compare"
language: en-AU
last_updated: 2026-03-11T13:37:10Z
---

# Controlled Money Account — Bank of Queensland Limited

> Regulated Trust Accounts from Bank of Queensland Limited. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Regulated Trust Accounts · Bank of Queensland**

Our Controlled Money Account is an account kept by a law practice for the purpose of holding controlled money upon written direction from the client. The client or beneficiary, will earn interest on money held by the law practice on behalf of them.

## Apply

Applications are handled by the provider: [Apply at Bank of Queensland Limited](https://www.boq.com.au/business/business-bank-accounts/industry-specialist-accounts/solicitors-trust-accounts)

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Direct Credit Fee — Free | Deposit | $0.00 |
| Direct Debit Fee — Free | Payment | $0.00 |
| Branch Deposit/BOQ ATM Deposit Fee — Free | Deposit | $0.00 |
| Monthly Card Fee (VISA Debit) — Charged monthly · Free | Ongoing | $0.00 |
| Branch Withdrawal Fee — Free | Withdrawal | $0.00 |
| Cheques Written Fee — Free | Transaction | $0.00 |
| Account Maintenance Fee — Charged monthly | Ongoing | $10.00 |

## Features

- **Accounts established under the exclusive control of the law practice**
- **Variable at-call and fixed rate accounts available. Fixed-term account is available with our Term Deposit Account. At-call account is available with our Business WebSavings Account**
- **All statements and account correspondence sent directly to the law practice**

## Eligibility

- **Business customers** (This product is available for sale to Solicitors registered to practise in Queensland and New South Wales only)

## More information from Bank of Queensland Limited

- [Overview](https://www.boq.com.au/business/business-bank-accounts/industry-specialist-accounts/solicitors-trust-accounts)
- [Terms & conditions](https://www.boq.com.au/content/dam/boq/files/terms-and-conditions/business-transaction-and-investment-terms-and-conditions.pdf)
- [Eligibility](https://www.boq.com.au/business/business-bank-accounts/industry-specialist-accounts/solicitors-trust-accounts)
- [Fees & pricing](https://www.boq.com.au/content/dam/boq/files/terms-and-conditions/business/business-banking-guide-fees-and-charges.pdf)

## Data provenance

- Published by Bank of Queensland Limited under the Consumer Data Right
- Product ID: `f4176288-5c03-ee11-8f6e-00224814dce7`
- Last updated by the provider: 11 March 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-of-queensland-limited/f4176288-5c03-ee11-8f6e-00224814dce7
- Provider page: https://www.cdrcompare.au/brands/bank-of-queensland-limited
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000241

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-of-queensland-limited/products/f4176288-5c03-ee11-8f6e-00224814dce7) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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