---
title: "Victorian Retail Lease Account — NATIONAL AUSTRALIA BANK"
description: "Regulated Trust Accounts from NATIONAL AUSTRALIA BANK. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/national-australia-bank/products/79281b0d-8708-41c1-b242-d18df59d4f15
source: "CDR Compare"
language: en-AU
last_updated: 2025-04-09T13:59:59Z
---

# Victorian Retail Lease Account — NATIONAL AUSTRALIA BANK

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

**Regulated Trust Accounts**

A transaction account to hold the security deposit paid by the Tenant to a Landlord under a lease in relation to a 'retail premises' in Victoria.

## At a glance

- **Base rate:** 0.05%

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Penalty (Not applicable) | 15.16% | — | — |

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Not applicable) | 0.05% | Amount $1+ | monthly |

## Features

- **Digital banking** — Digital banking is available for this product, allowing customers to access their accounts via Internet Banking or NAB Connect.
- **Fraud protection** — Fraud protection is available, and any fraudulent transactions are monitored and alerted by the Fraud Team
- **Real-time payments (NPP)** — This product type can be used to receive fund as a result  of BSB/Number based NPP payment
- **PayID** — Can be used as the target of an NPP payID
- **Relationship management** — Relationship management access is available.
- **Unlimited transactions** — Unlimited Digital Transaction available

## Eligibility

- **Business customers** — Only available to businesses that need to keep client's money in a retail lease account in order to meet their industry governing bodies’ legislation such as Real Estate Agents.
- **Individuals only** — Only available to natural persons that need to keep money in a retail lease account in order to meet their industry governing bodies' legislation such as Landlords.

## Constraints

- **A transaction account to hold the security deposit paid by the Tenant to a Landlord under a lease in relation to a 'retail premises' in Victoria.**

## More information from NATIONAL AUSTRALIA BANK

- [Overview](https://www.nab.com.au/business/accounts/specialised-accounts/nab-statutory-trust-account/statutory-trust-accounts-terms-and-conditions)
- [Terms & conditions](https://www.nab.com.au/business/accounts/specialised-accounts/nab-statutory-trust-account/statutory-trust-accounts-terms-and-conditions)
- [Eligibility](https://www.nab.com.au/business/accounts/specialised-accounts/nab-statutory-trust-account)
- [Fees & pricing](https://www.nab.com.au/business/tools/rates-fees-and-charges/business-banking-fees-and-charges)

## Data provenance

- Published by NATIONAL AUSTRALIA BANK under the Consumer Data Right
- Product ID: `79281b0d-8708-41c1-b242-d18df59d4f15`
- Last updated by the provider: 9 April 2025
- Source payload (JSON): https://www.cdrcompare.au/api/raw/national-australia-bank/79281b0d-8708-41c1-b242-d18df59d4f15
- Provider page: https://www.cdrcompare.au/brands/national-australia-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000004

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/national-australia-bank/products/79281b0d-8708-41c1-b242-d18df59d4f15) — 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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