Professional Trust account

We’ve got you covered for compliance & security

Business banking isn’t always about managing your own money. Sometimes, it involves holding client funds as well. If that’s the case for you, look no further than our Professional Trust account.

We’ve created this account with security and compliance at top of mind. You can take a load off knowing that our team has done the legwork to make sure your account meets regulatory, legal and ethical requirements.

Professional Trust

No fees

for account keeping or transactions1

How could we work together?

Get in touch with our business banking team to chat about our product offering and how we can tailor it to your needs.

Why choose our Professional Trust account?

We know that a reliable specialised trust account is essential for many businesses across real estate, legal and other industries.

Our Professional Trust account has been carefully designed to provide a secure and regulated way to manage clients’ assets and ensure they’re protected for however long they’re in your care.

No fees

We’ve said goodbye to account keeping and transaction fees to keep your costs down.

Guaranteed compliance

We’ll give you confidence that you’re complying with regulatory requirements2.

Built for business

We’ve integrated tailored business features into our internet and mobile banking.

Great for you & your clients

At Hume Bank, our goal is simple: to create straightforward products that meet our customers’ needs. If you take out a Professional trust account with us, you can rest easy knowing you’re not regulatory requirements – and saving money on unnecessary account and transaction fees.

Browse features

Professional Trust account

No transaction fees1
No monthly account keeping fee
No minimum balance requirement
Complies with regulatory body requirements2
Fully featured iBank, Hume Bank App, and Phone banking

Understand our rates

Account balanceInterest rate
$1+0.01% p.a.3

Get the ball rolling

We love helping local businesses do their thing. If you think banking with us might be the right choice, get in touch – online, in a branch or on the phone. Our business banking team is ready and waiting to hear from you!

3% of our profits

were reinvested into our local community during 2022 through a range of regional sponsorship programs.

Banking built for business

Business banking can be rough – but it doesn’t have to be! Whether you’re a sole trader or a company with more complex needs, we’ve got you covered with great resources and friendly, professional support.

Things you should know

Rate, fees and charges and other information correct as at 15 October 2024 and may change without notice.

Terms, conditions, fees, charges and eligibility criteria apply.

Please read the Product Disclosure Statement and Fees & Charges and consider whether this product is right for you. Also available in branch or at 1300 004 863.

To view the Target Market Determination for this product go to Target Market Determinations.

Unapproved debit balances incur interest at 15.90% p.a. calculated daily on full closing balance and debited on the last calendar day of each month.

Download a copy of our Business Accounts Rates. Find out how to reduce your fees and charges.

Chequebook access only available for individuals over 18 years of age on accounts that have an existing cheque facility attached.

1 Non-standard fees may apply – refer to ’non-standard fees and charges’ in our Fees & Charges Document for details.

2 The Professional Trust account complies with all relevant regulations, including the calculation and payment of interest for Real Estate Trusts.

3 Interest is calculated daily and paid quarterly.