---
title: "Real Estate Trust Account — Maitland Mutual Limited"
description: "Regulated Trust Accounts from Maitland Mutual Limited. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/maitland-mutual-limited/products/Real_Estate_Trust_Account
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-24T11:56:49.000+10:00
---

# Real Estate Trust Account — Maitland Mutual Limited

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

**Regulated Trust Accounts · The Mutual Bank**

An account for licensed Real Estate Agents for holding client funds pending settlement of purchases and depositing of rental monies.

## At a glance

- **Base rate:** 3.91%

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Penalty Interest will be charged on overdrawn accounts.) | 20% | — | — |

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Interest is paid to the Department of Fair Trading monthly after close of business at the end of the month as required by the relevant regulating body.) | 3.91% | — | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| CHEQUE_DISHONOUR — A dishonoured cheque is a cheque that is not paid by the financial institution on which it is drawn. A dishonour fee will apply each time the cheque is presented for payment and dishonoured. | Event | $9.00 |
| DIRECT_ENTRY_DISHONOUR — Payable when a direct entry (inward and outward) is dishonoured. | Event | $9.00 |
| DOCUMENT_FEE — $60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Account e.g. evidence of a Visa Debit Card purchase. | Event | $60.00 |
| FINANCIAL_INSTITUTION_CHEQUE — Payable when you request us to issue a financial institution cheque. | Event | $2.50 |
| MISCELLANEOUS_SERVICE_FEE — $60.00 per hour. Payable if you request information not covered by the Document Fee. | Event | $60.00 |
| OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_AUSTRALIAN_CURRENCY — Payable if we assist you send funds electronically overseas in Australian dollars. | Event | $50.00 |
| OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_FOREIGN_CURRENCY — Payable if we assist you send funds electronically overseas in a foreign currency. | Event | $30.00 |
| PHYSICAL_FOREIGN_CURRENCY — 1% of Australian currency equivalent amount. Payable when physical foreign currency is issued or purchased. | Transaction | 1% of transaction |
| UNCLAIMED_MONIES_FEE — The lessor $20.00 or account balance. Payable when an account is classified as dormant. | Cash advance | $20.00 |
| ONLINE_INTERNATIONAL_TRANSFER_(OUTWARD) — Payable if you use online banking to transfer funds internationally. | Event | $30.00 |
| DORMANT_ACCOUNT_FEE — This fee is charged to each of your Deposit Accounts closed due to dormancy. The lesser of $20.00 or the account balance. | Event | $20.00 |
| OVERDRAWN_FEE — If your Account is overdrawn, without our prior agreement, a fee will be charged each time this occurs. Penalty interest (at the rate disclosed on the Deposit Interest Rate Schedule) will also be charged until the Account is brought back in order. | Event | $9.00 |
| BECS_SPONSORSHIP — Subject to approval if your business requests sponsorship within BECS. $500.00 upfront fee, $0.25 per non direct debit item for The Mutual Bank, $Nil per direct debit item for The Mutual Bank. | Upfront | $500.00 |

## Features

- **Unlimited transactions**
- **Digital banking**
- **PayID**
- **Real-time payments (NPP)**
- **Bill payment (BPAY)** — BPAY (Pay bills using BPAY)
- **Notifications** — Mutual Alerts - Balance, low and high balance, deposit, withdrawal

## Eligibility

- **Business customers** (Businesses required to hold a statutory trust account under the Property, Stock and Business Agents Act 2002)
- **Residency status** — Australian citizen or permanent resident, or as otherwise approved
- **A Business Cheque Account must be opened and maintained for fees and charges associated with this account**

## Constraints

- **Opening balance** — $0.00
- **Minimum balance** — $0.00

## More information from Maitland Mutual Limited

- [Overview](https://www.themutual.com.au/business-banking/transaction-accounts/trust-accounts/)
- [Terms & conditions](https://www.themutual.com.au/help-support/important-documents/)
- [Fees & pricing](https://www.themutual.com.au/help-support/important-documents/)

## Data provenance

- Published by Maitland Mutual Limited under the Consumer Data Right
- Product ID: `Real_Estate_Trust_Account`
- Last updated by the provider: 24 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/maitland-mutual-limited/Real_Estate_Trust_Account
- Provider page: https://www.cdrcompare.au/brands/maitland-mutual-limited
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000203

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/maitland-mutual-limited/products/Real_Estate_Trust_Account) — 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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