Trust Account Agreement Template for Australia

1. Electronic Banking Services: Terms for online banking access and electronic services - include when electronic access is required

2. Multiple Account Provisions: Additional terms for managing multiple trust accounts - include when multiple accounts are contemplated

3. Foreign Currency Provisions: Terms for handling foreign currency transactions - include for international operations

4. Sub-Account Management: Provisions for managing sub-accounts - include when sub-accounts are required

5. Third Party Authority: Terms for appointing and managing third party operators - include when third party access is needed

6. Interest Arrangements: Specific provisions about interest calculation and distribution - include when interest arrangements are complex

1. Schedule 1 - Account Details: Specific details of the trust account(s) including account numbers and designations

2. Schedule 2 - Authorized Signatories: List of authorized signatories and their signing authorities

3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees and charges applicable to the account

4. Schedule 4 - Operating Instructions: Detailed procedures for account operation and management

5. Appendix A - Required Forms: Standard forms for account operations (e.g., withdrawal forms, change of signatory forms)

6. Appendix B - Regulatory Compliance Checklist: Checklist of regulatory requirements and compliance procedures