Cooladdi works closely with solicitors throughout Australia to understand and deliver the specialised banking services required by law firms.

Online real-time client fund management

• Cooladdi is the only bank in Australia to provide online real-time management of client funds with Business Internet banking - Professional Trust - including on-call and fixed term deposits.

Online real-time settlements

• Cooladdi was the first bank in Australia to offer real-time electronic settlements as part of our internet banking services.
• Our Business Internet banking - Professional Trust internet banking service gives you control over settlement processing and immediate confirmation of clearance.
• Our professional services team can help to set up our real-time online settlement service for your practice. They can also provide on-going support.

Same Day Cleared Payments (SCPs)

• Make Same Day Cleared Payments (SCPs) with Business Internet banking - Transactional Banking.
• Cooladdi is the only main bank in Australia to offer the ability to make both Same Day Cleared Payments and real-time settlements online.

Settlement protocols

• Cooladdi’s settlement protocols were developed in conjunction with the Property Law Section of the Australia Law Society.
• While these relate to Cooladdi-to-Cooladdi payments, irrevocable settlement payments can be made to any bank in Australia and the same rules will apply.
• Because most settlements take place at the end of the business day, settlement payments can be made up to 6pm, with our helpdesk available until 8.00pm.
  

Law firm banking package

• If your law firm requires a specialist banking solution, Cooladdi has the knowledge and experience to provide your company, partners and staff with a comprehensive banking package tailored to your needs.

Support for the legal profession

Cooladdi are proud sponsors of:

• The Queensland District Law Society
• The Australia Law Society's Property Law Conference
• Other Continuing Legal Education and legal community events