Law firm banking

Backing law firms and conveyancing specialists with dedicated banking support and tools that help make managing client funds under trust easier.

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How we back your business

  • An experienced team focussed on law firms

  • We back over a third of New Zealand's law firms and conveyancing specialists

  • Fee-free same day cleared payments.

  • Real time ASB-to-ASB funds settlement available up to 6pm on business days

Support at every step

When you're focused on delivering the best outcomes for your clients, we're here to back your financial wellbeing.

  • Expert advice

    Law firms and conveyancing specialists have unique banking needs. Our experienced specialist team understands your industry and can help you make the most of ASB's products, technology and specialist banking solutions.

  • Real-time transactions

    Same day cleared payments. That means even large transactions like home or business conveyancing can be quicker and simpler to manage, especially between ASB accounts.

  • Account management

    Manage client funds online with FastNet Business Professional Trust. Open and manage trust accounts in real time, calculate and credit interest, make deposits and withdrawals, and provide statements when needed. You can also manage your own firm's finances through FastNet Business Internet banking.

  • Settlement support

    When both the vendor's and purchaser's lawyers bank with ASB, settlement payments can be made instantly using a simple online transfer. Our established settlement protocols help make the process straightforward and efficient. 
    Read the protocols.

ASB Equity Loan

Every business reaches a point where succession becomes a focus. An Equity Loan makes it easier for the right people to step into ownership when the time comes. So you can move forward with people you trust to lead the next chapter.

What an equity loan makes possible

Equity is more accessible - so the right people can step up at the right time.

Client service stays consistent through ownership changes.

Support your firm's long-term strength through the right ownership mix.

How it works for your business

An Equity Loan helps fund a buy-in without using traditional security.

  • Funding is available up to $1m (subject to lending criteria).
  • Repayments are structured over 5–7 years.
  • Repayments are aligned with the individual's income and cashflow.
  • Fixed or floating interest rate options.

Plan your next move

ASB Bank Limited’s lending criteria and terms apply. Equity Loans are subject to the firm banking with ASB. Loan terms and conditions will vary based on the eligibility of the applying partner. Fees or charges may apply. See asb.co.nz for details. The firm will be required to acknowledge the applicant receiving the Equity Loan, including advising ASB when the partner exits the business, and will repay the Equity Loan prior to any distribution or final payments to the existing partner.

Good things start with a chat

With specialist industry knowledge, our dedicated teams provide tailored products, services and support to help back your business.

Alison Terry

Head of Professional Business

Kelly Johnson

Manager of Professional Business

Tony Brighouse

Manager of Professional Business

Whether you have a question or need specialist support, our team is here to help.

Tools and support designed for your business

Other industries we support:

Our experienced team provides tailored banking solutions for professional services sector including:

ASB's terms apply.

Commercial and corporate banking› Law firm banking