The Bank Trust Account Agreement serves as the foundational document for establishing and managing trust accounts within Singapore's highly regulated banking sector. This agreement is essential when parties need to create a trust structure for various purposes, including asset protection, estate planning, or business arrangements. It must comply with Singapore's comprehensive regulatory framework, including the Trust Companies Act, Banking Act, and MAS guidelines. The agreement typically outlines detailed provisions for account operation, trustee duties, investment parameters, fee structures, and reporting requirements, ensuring all parties understand their rights and obligations within the trust relationship.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the bank, trustee, and beneficiary
2. Background: Context and purpose of the trust account arrangement
3. Definitions: Key terms used throughout the agreement
4. Appointment of Trustee: Terms of appointment and acceptance
5. Trust Account Details: Specifics of the trust account structure and operation
6. Duties and Powers of Trustee: Detailed obligations and authority of the trustee
7. Fees and Expenses: Payment terms for trustee services
8. Termination: Conditions and process for ending the agreement
1. Investment Powers: Required if trust funds can be invested - Used when trust account includes investment management services
2. Foreign Currency Provisions: Rules for handling multiple currencies - Used when trust account involves foreign currency transactions
3. Digital Services: Terms for online banking and digital access - Used when digital banking services are provided
1. Fee Schedule: Detailed breakdown of all applicable fees and charges
2. Authorized Signatories: List of persons authorized to operate the account
3. KYC Documentation Requirements: Required customer due diligence documents
4. Operating Procedures: Detailed procedures for account operation and management
Find the exact document you need
Declaration Of Trust Nominee Shareholder
A Singapore-compliant legal document establishing a nominee shareholding arrangement between a nominee shareholder and beneficial owner.
Download
Bank Trust Account Agreement
A Singapore-law governed agreement establishing the terms and conditions for operating a bank trust account, defining the rights and obligations of the trustee, beneficiaries, and bank.
Download
Loan Receipt Agreement
A Singapore-compliant legal document acknowledging receipt of a loan and establishing repayment terms.
Download
Assignment Deed Of Trust
A Singapore-compliant legal document that transfers trust rights and obligations from one trustee to another under Singapore trust law.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)