South Africa
Personal
Business
Wealth

Attorney Trust account

BB_Attorneys Trust account product detail

Manage client funds in trust with a bank account that ticks all the legal boxes while earning interest.

Some of the benefits

Sweeping facility

Enable this facility to automatically transfer net interest to any law society account

Compliance

Meet all Attorneys Fidelity Fund and law society guidelines

Convenience

Make cheque or secure electronic payments with ease

Growth

Earn interest on positive balances
WHAT YOU GET
  • Fully compliant trust account for managing third-party funds
  • Interest on positive balances
  • Activate the automatic transfer of net interest into your preferred account
  • Monthly online statements for your records and admin

See trust T&Cs
See general T&Cs

WHAT IT COSTS
  • Pay as you transact, not for services you don’t use
  • No opening deposit
  • No minimum balance
  • R89 monthly fee
  • R80 monthly minimum service fee *

*A monthly minimum service fee of R80.00 will be charged. If your transaction fees for the calendar month total less than R80.00, the minimum service fee will be charged. However, if your transactional fees exceed R80,00, you will only pay the actual transactional fees incurred.

See 2024 pricing guide

WHAT YOU’LL NEED
You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 86(1) of the Legal Practice Act of 2014.
  • WHAT YOU GET
  • WHAT IT COSTS
  • WHAT YOU’LL NEED
  • Fully compliant trust account for managing third-party funds
  • Interest on positive balances
  • Activate the automatic transfer of net interest into your preferred account
  • Monthly online statements for your records and admin

See trust T&Cs
See general T&Cs

  • Pay as you transact, not for services you don’t use
  • No opening deposit
  • No minimum balance
  • R89 monthly fee
  • R80 monthly minimum service fee *

*A monthly minimum service fee of R80.00 will be charged. If your transaction fees for the calendar month total less than R80.00, the minimum service fee will be charged. However, if your transactional fees exceed R80,00, you will only pay the actual transactional fees incurred.

See 2024 pricing guide

You’ll need to be a registered attorney taking stewardship of third-party funds, and comply with Section 86(1) of the Legal Practice Act of 2014.
Tips and guidance
Getting started
Getting started
Registering for chat services
Registering for chat services

Speak to your banker anytime through social media.

We also offer
Third Party Fund Administration
Third-Party Fund Administration

Manage funds for multiple accounts from a single bank account that offers competitive rates on term deposits, top-notch security and automated facilities.

BB Owner-occupied property financing Product detail
Owner-occupied property financing

Eliminate rental escalations with your own appreciating asset