Opening a Trust Trading Account

How to open a Caleb & Brown trading account for your Trust.

Cassandra De-Lisle avatar
Written by Cassandra De-Lisle
Updated over a week ago

A Trust Account is an account in the name of your trust, such as your discretionary or family trust. Caleb & Brown supports most types of trust accounts that have been formed and created through a Trust Deed or Declaration.

To open a Trust Account, as sole trustee or one of the trustees of the trust, you will need to submit an application here. As you go through the registration process, you will need to verify your identity along with submitting documents to verify your Trust.

The document required to verify the Trust include a notarised or certified as an original copy of the full Trust Deed or Declaration. The document must include information on all the following:

  • The full name of the trust

  • The type of trust

  • The country or jurisdiction in which the trust was established

  • The name of each trustee and beneficiary, or a description of each class of beneficiary

  • The full name of the settlor/grantor of the trust

All documents must identify all of the above parties, to ensure we collect information on all beneficial owners that own or control the legal entity.

If you are unsure what notarisation or certification of documents involves, click the link here to see the help article on notarising or certifying your documents.

You will also be required to provide individual identity information as the account holder of the trust account. In order to verify your own identity we will require the following.

You will need to supply a proof of address document, which can include:

  • A current and valid driving licence

  • A service/utility bill dated in the last 90 days

  • A current lease agreement

  • A bank statement dated in the last 90 days

  • An income statement or government-issued tax document

After uploading your proof of address document, the next step is the facial identification process which is done via Onfido which is a facial recognition software. If you want to learn more about Onfido see here. It will prompt you to upload a valid form of photo ID which can include:

  • A photo of your passport information page

  • A driving licence

  • A national identity or passport card

  • A permanent resident card

Once you upload your photo ID, it will immediately prompt you to take a selfie image. This photo is taken within the registration using Onfido. The software will match up the photo with your photo ID to ensure you are the same person.

Finally, all other Trustees besides yourself will need to submit:

  • A photo of their passport or driving license

  • A proof of address document

Our onboarding team will reach out to you directly after you've registered for any other additional information required, so you will only need to submit the requested trust documents in your application.

You can complete the registration on a desktop computer or mobile device.

Important to note

Documents uploaded must be a image of the document and NOT a scanned copy

Whenever you're ready, you can click below to get started with your registration.

If you have any questions, or you need assistance completing the registration form, you can ask our Product Specialist team through the Chat button in the bottom right corner of the webpage.

You can also call our support help desk on +61 1800 849 149 (Australia) or +1 (844) 494 6515 (International), from 9am to 5pm (AEST), or request we call you back by submitting an enquiry on our website.

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