tiktok³ÉÈË°æ

All Countries
Banking
Client Account Agreement

Client Account Agreement Template for Australia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Client Account Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Client Account Agreement

"I need a Client Account Agreement for my fintech startup that will offer digital investment services to retail clients in Australia, with specific provisions for mobile app access and automated trading features."

Celebrated by
Collaborations with
Investors
Document background
The Client Account Agreement serves as the foundational document for establishing and managing the relationship between financial service providers and their clients in Australia. It is essential for any financial institution providing account services, investment management, or other financial products to retail, corporate, or institutional clients. The agreement must comply with strict Australian regulatory requirements, including ASIC guidelines, the Corporations Act 2001, privacy laws, and AML/CTF legislation. It typically includes comprehensive details about service offerings, fee structures, risk disclosures, client money handling procedures, and reporting obligations. This document is crucial for financial institutions to establish clear legal parameters and protect both parties' interests while ensuring regulatory compliance.
Suggested Sections

1. Parties: Identification of the financial service provider and the client

2. Background: Context of the agreement and the nature of the services to be provided

3. Definitions and Interpretation: Definitions of key terms and interpretation clauses

4. Services: Detailed description of the account services provided

5. Account Opening and Operation: Process and requirements for opening and operating the account

6. Client Instructions and Authority: Methods for giving instructions and authorization requirements

7. Fees and Charges: Complete fee structure and payment terms

8. Client Money Handling: How client funds are managed, segregated, and protected

9. Reporting and Communications: Account statements, notifications, and communication methods

10. Privacy and Confidentiality: Management and protection of client information

11. Risk Disclosures: Mandatory risk warnings and disclosures

12. Compliance with AML/CTF Requirements: Anti-money laundering and counter-terrorism financing obligations

13. Termination: Conditions and process for ending the agreement

14. Liability and Indemnity: Limitations of liability and indemnification provisions

15. General Provisions: Standard clauses including governing law, notices, and amendments

Optional Sections

1. Online Services: Terms for digital platform access and usage, include if offering online services

2. Joint Accounts: Special provisions for joint account holders, include if offering joint accounts

3. Corporate Accounts: Additional requirements for corporate clients, include if serving corporate customers

4. Foreign Currency Services: Terms for foreign currency transactions, include if offering multi-currency accounts

5. Third Party Authorization: Provisions for authorized representatives, include if allowing third-party operators

6. Margin Facilities: Terms for margin lending or credit facilities, include if offering credit services

7. Special Services: Terms for additional services like research or advisory, include if offering premium services

Suggested Schedules

1. Fee Schedule: Detailed breakdown of all fees, charges, and commission structures

2. Service Level Agreement: Specific service standards and performance metrics

3. Authorized Persons: List of authorized signatories and their signing powers

4. Risk Disclosure Statement: Detailed risk warnings and scenarios

5. Privacy Policy: Detailed privacy and data protection policies

6. Account Opening Forms: Standard forms for account opening and KYC documentation

7. Operating Procedures: Detailed procedures for account operations and transactions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions














































Clauses






























Relevant Industries

Banking

Financial Services

Wealth Management

Investment Management

Broking

Fintech

Asset Management

Superannuation

Private Banking

Corporate Banking

Relevant Teams

Legal

Compliance

Risk Management

Operations

Client Services

Account Management

Product Development

Business Development

Front Office

Back Office

Relevant Roles

Legal Counsel

Compliance Officer

Risk Manager

Account Manager

Relationship Manager

Operations Manager

Chief Legal Officer

Chief Compliance Officer

Chief Risk Officer

Financial Advisor

Client Services Manager

Product Manager

Business Development Manager

Chief Operating Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

OverContract

Australian law-governed overdraft facility agreement establishing terms and conditions between a financial institution and borrower, compliant with national banking and consumer credit legislation.

find out more

Current Account Agreement

An Australian-law governed agreement establishing the terms and conditions between a bank and account holder for operating a current account, compliant with Australian banking regulations.

find out more

Bank Deposit Agreement

An Australian-law governed agreement establishing terms and conditions between a bank and customer for deposit account services.

find out more

Bank Account Contract

An Australian-law governed agreement establishing the terms and conditions between a bank and account holder for banking services and account operation.

find out more

Pre Authorized Payment Agreement

An Australian-compliant agreement authorizing recurring automatic payments from a customer's account to a service provider.

find out more

Bank Account Control Agreement

An Australian law-governed tripartite agreement establishing control over bank accounts as security, between an account holder, secured party, and bank.

find out more

Rental Agreement For Bank Account Opening

An Australian legal agreement combining residential tenancy terms with bank account opening requirements, compliant with federal banking and state tenancy regulations.

find out more

Checking Agreement

An Australian law-governed agreement establishing terms and conditions for operating a checking account between a financial institution and account holder.

find out more

Client Account Agreement

An Australian-law governed agreement establishing the terms for financial services and account management between a financial institution and its clients.

find out more

Business Account Agreement

An Australian law-governed agreement establishing terms and conditions for business banking services between a financial institution and business customers.

find out more

Letter Of Authorization To Debit Account

An Australian-compliant authorization letter that permits automatic withdrawals from a specified bank account through a direct debit arrangement.

find out more

Time Deposit Agreement

An Australian-law governed agreement establishing terms and conditions for fixed-term deposits between financial institutions and depositors.

find out more

Notice Of Assignment Of Accounts Receivable

An Australian law-compliant notice informing debtors of the transfer of accounts receivable rights from one party to another, including payment instructions and acknowledgment requirements.

find out more

Intercompany Cost Plus Agreement

An Australian-law governed agreement establishing service arrangements between related entities based on a cost-plus pricing methodology, incorporating local transfer pricing requirements.

find out more

Blocked Account Control Agreement

An Australian law agreement establishing control over a bank account between an account holder, secured party, and bank for security purposes.

find out more

Savings Account Agreement

An Australian law-governed agreement establishing terms and conditions between a bank and customer for operating a savings account.

find out more

Deposit Account Agreement

An Australian-law governed agreement between a financial institution and account holder establishing terms for deposit account services and operations.

find out more

Margin Agreement

An Australian law-governed agreement establishing terms for margin posting and maintenance between financial counterparties.

find out more

Blocked Account Agreement

An Australian law-governed agreement establishing a controlled bank account arrangement between a bank, account holder, and security beneficiary.

find out more

Bank Account Agreement

An Australian law-governed agreement establishing the terms and conditions between a bank and account holder for operating a bank account and related services.

find out more

Securities Account Control Agreement

An Australian law-governed three-party agreement establishing control rights over a securities account used as collateral in financial transactions.

find out more

Joint Account Agreement

An Australian-law governed agreement establishing the terms and conditions for operating a joint bank account between multiple account holders and a financial institution.

find out more

Account Opening Agreement

Australian-law governed agreement establishing the relationship between a financial institution and customer for banking services provision.

find out more

Certificate Of Deposit Agreement

An Australian-law governed agreement between a financial institution and depositor establishing terms for a fixed-term deposit investment, including interest rates, maturity conditions, and withdrawal provisions.

find out more

Account Receivable Purchase Agreement

An Australian law-governed agreement for the sale and purchase of accounts receivable between a business and a financial institution, establishing terms for receivables trading and related security interests.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s 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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.