NEXVOROFINANCIAL PRODUCTS
Bank account

Retention Money Trust

Retention Money Trust is a regulated trust account from Bendigo Bank for Australia. The product is currently marked active.

An official product page is available in the source record. Rates, limits, fees and other conditions can change over time, so current terms should be checked against the official product information.
Product overview

Head contractors working on projects with a value of at least $20m in NSW and are required by law to hold retention money in trust.

Product details
Classification
Bank Account · Regulated trust account
Country
Australia
Status
Active
Updated
2 Sep 2026