Professional Trust
An account designed for professions that require holding of client funds in a trust.
- Base rate
- 0.01%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0.01% | — | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| FEECASHBR Cash withdrawal fee - When cash is withdrawn at branch | Withdrawal | $2.00 |
| ARCH Archive search fee - Retrieval of account information - $50/per hour. Min $10 | Event | $10.00 |
| FEEADDCARD Additional card fee - Payable for the second and any subsequent card request per customer | Event | $10.00 |
| FEEBILLCOLL Bill for collection fee - Payable when you deposit a foreign currency cheque of $5000 or more | Event | $50.00 |
| FEECOINDEP Coin deposit fee - Payable when you ask us to count large amounts of coin (over $200 in value). Not applicable when you use a coin counting $200 in value). Not applicable when you use a coin counting | Deposit | $2.00 |
| FEEDDHON Direct Debit honour fee - Insufficient cleared funds in your account to meet debit request | Transaction | $15.00 |
Features
- Unlimited transactions
- Complies with all relevant regulations including the calculation and payment of interest for Real Estate Trusts
- Digital banking
- Real-time payments (NPP)
- PayID
- Bill payment (BPAY) — BPAY
- No monthly account keeping fee
- Fraud protection
Eligibility
- Business customers
- Restricted to eligible professional and business organisations.
More Information
Published by Hume Bank under the Consumer Data Right · Last updated 28 May 2026 · Product ID S4V1 · View on CDR.gov.au · View Source Data (JSON)