Real Estate Trust Account

Real Estate Trust Account allow funds to be held by a registered real estate agent for purchases or rental deposits i.e.holding a deposit for a property until settlement or for holding the deposit of rental payments until paid to the landlord.
Category: Trust Accounts  Last Updated March 3, 2026  Effective June 3, 2026

 General Lending Rates

No product information is currently listed. Please make contact with us for more information.

 Product Features

  • Unlimited Txns
  • Digital Banking Additional Information: Internet Banking and Mobile Banking App.
  • Other Additional Information: Direct debit is available on this account type.
  • Other Additional Information: Direct Credit is available on this account type.
  • Other Additional Information: Make and receive Electronic Funds Transfers (EFT) from this account type.
  • Other Additional Information: IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
  • Other Additional Information: IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
  • Other Additional Information: PayTo is available on this account type.
  • Npp Enabled Additional Information: This account type is enabled for Osko payments, via the New Payments Platform (NPP). Osko is the faster way to pay or receive money from friends, family and businesses. No more waiting days for money to change hands. Now you can pay and be paid in a matter of seconds

 Product Eligibility

  • Business
  • Other Additional Information: Available only to registered real estate agents

 Bank Fees and Charges

  • Transaction Listing - Electronic - Up To 10 Pages (Event), Amount: 5.00.
  • Special Clearance On Cheques (Event), Amount: 16.00. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
  • Bpay Payment Return (Event), Amount: 5.00.
  • Rejected Post-dated Bpay (Event), Amount: 5.00.
  • Trace On Electronic Debit/credit (Event), Amount: 20.00.
  • Default Notice Fee (Event), Amount: 30.00. Additional Information: A Default Notice fee of $30 will be debited from your deposit account or Personal Credit Line facility, where you are in breach of the PDS and/or the schedule and IMB issues a notice to you demanding monies. Refer to the PDS Member Guide to Transactional Banking for further information.
  • Transfers Between Accounts To Cover Overdrawn Balance (Event), Amount: 15.00.
  • Stop Payment Personal Cheque (Event), Amount: 15.00.
  • Copy Of Personal Cheque (Event), Amount: 15.00.
  • Trace On Personal Cheque (Event), Amount: 50.00. Additional Information: Charges either wholly or partly imposed by third parties.
  • Card Replacement (in Excess Of 1 P.a.) (Event), Amount: 10.00.
  • Pin Replacement (in Excess Of 1 P.a.) (Event), Amount: 5.00.
  • Visa Cardholder Facility Fee (Periodic), Amount: 1.60. Additional Information: Fee will be charged on the first day of each month for each Visa Card on issue.
  • Visa Voucher Request (Event), Amount: 15.00. Additional Information: Per request. Charges either wholly or partly imposed by third parties, such as Visa.
  • Urgent Visa Card Mailing (Event), Amount: 20.00.
  • Overseas Visa Card Replacement (Event), Amount: 150.00. Additional Information: Charges either wholly or partly imposed by third parties.
  • Transaction Listing - Electronic - 10 Pages And Over (Event), Amount: 0.50. Additional Information: Per page
  • Copy Of Withdrawal Or Deposit Form (Event), Amount: 15.00.
  • Recalculation Of Interest (Event), Amount: 30.00. Additional Information: Per page
  • Research Fee (Event), Amount: 30.00. Additional Information: Per page
  • Retrieval Of Archived Documents (Event), Amount: 20.00. Additional Information: Per page
  • Audit Certificate (Event), Amount: 30.00. Additional Information: Per certificate
  • Unclaimed Monies/dormant Account (Event), Amount: 40.00. Additional Information: Maximum charge per account
  • Bulk Coin Count (Deposit), Amount: 5.00. Additional Information: Maximum charge
  • Total Cash Withdrawal Over $2,000 In A Day (Withdrawal), Amount: Not Listed.. Additional Information: A fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.
  • Manual Deposit Other Institution (Deposit), Amount: 10.00.
  • Trace On Financial Institution Cheque (Event), Amount: 50.00. Additional Information: Charges either wholly or partly imposed by third parties.
  • Copy Of Financial Institution Cheque (Event), Amount: 16.00. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
  • Stop Payment Fee (imb Cheques) (Event), Amount: 12.50. Additional Information: Maximum charge. Charges either wholly or partly imposed by third parties.
  • Foreign Cheque Conversion (value Less Than Au$10,000) (Deposit), Amount: 25.00. Additional Information: Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
  • Foreign Cheque Conversion (value Au$10,000 And Greater) (Deposit), Amount: 50.00. Additional Information: Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
  • Purchase Of Foreign Currency (Withdrawal), Amount: 10.00. Additional Information: $10 or 1% of the value of the total order (whichever is greater).
  • Sms Alerts (Event), Amount: 0.25. Additional Information: Per alert
  • Interest Statement - Electronic (Event), Amount: 2.50. Additional Information: Per page
  • Default Fee (Event), Amount: 25.00. Additional Information: When your savings account is overdrawn for 20 days, a Default fee will be debited from your account on the 20th day and a further Default fee debited each month thereafter while your account remains overdrawn.

 Limitations & Restrictions (Constraints)

  • Opening Balance of 1