Controlled Money Trust Account
Regulated Trust AccountsData Sharing Status
A Controlled Monies Account (CMA) is designed to assist solicitors in NSW, SA or VIC, and real estate agents in NSW or SA hold client funds securely and meet legal requirements.
- Base rate
- 3.4%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 3.4% | $1 and above | monthly |
Features
- Digital banking
- Enquiry access to view account
- Direct credits to the account are allowed — Direct Credit
Eligibility
- Business customers — Solicitors (NSW, SA & VIC) or Real Estate Agents (NSW & SA only)
Constraints
- Opening balance — $1.00
More Information
Published by Bank of Sydney under the Consumer Data Right · Last updated 2 June 2026 · Product ID controlled_money_trust_account · View on CDR.gov.au