---
title: "Westpac Regulated Trust Accounts"
description: "Every regulated trust accounts Westpac publishes under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/westpac/trust-accounts
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-03T01:12:10Z
---

# Westpac Regulated Trust Accounts

> All 3 regulated trust accounts published by Westpac under Australia's Consumer Data Right, with rates, fees, features and eligibility on each product's own page.

Trust accounts held under regulatory requirements. Listed alphabetically — CDR Compare does not rank, score or recommend products.

| Product | Description | Detail |
| --- | --- | --- |
| Project Trust Account | Project Trust Accounts are designed for construction projects in Queensland, to help you comply with your banking requirements under the Building Industry Fairness (Security of Payment) Act 2017. An account must be opened for each project trust to receive payments made under the construction contract, and to pay contractors. | https://www.cdrcompare.au/brands/westpac/products/ProjectTrustAccount |
| Retention Trust Account | A Retention Trust Account must be opened when the construction contract includes a requirement to hold cash retention amounts. It?s used to hold cash retention amounts for eligible contracts until payments to contractors are made. You can have one or more Retention Trust Accounts for your eligible contracts. | https://www.cdrcompare.au/brands/westpac/products/RetentionTrustAccount |
| Statutory Trust account | Our Statutory Trust Accounts help you comply with statutory requirements. | https://www.cdrcompare.au/brands/westpac/products/StatutoryTrustAccount |

## Elsewhere

- [Westpac's full product range](https://www.cdrcompare.au/brands/westpac)
- [Regulated Trust Accounts from every Australian provider](https://www.cdrcompare.au/categories/trust-accounts)

## Data provenance

- Published by Westpac under the Consumer Data Right
- ABN 33007457141
- Register entry updated: 3 August 2026

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/westpac/trust-accounts) — 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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