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Thanks for the advice. You are right, the SA one operated out of a solicitors office. Unfortunately we don't have another account with the lender (let's call them "Bank C"). We have an equity loan to cover these purchasing costs and balance of purchase over at "Bank A". I didn't realise...

Good point, but perhaps by requesting their clients to provide separate bank cheques already drawn directly to the Vendor and the Office of State Revenue, they technically aren't holding money on their behalf, therefore they don't need a trust account? The company concerned is a pretty large...

Is it normal for a NSW conveyancer to not have a trust account to which a purchaser can electronically transfer a final balance owing at settlement? We recently purchased in SA and everything was very straightforward. Near the end of the settlement process our conveyancer provided a statement...