ASIC restricted words such as "Trustee" or "Bank" being used in Company names.
You can however, apply for approval from APRA to use a restricted word in a Company name, and only once written approval is received, you can proceed with the registration.
These Company registrations applications must include a copy of APRA's written approval, and therefore the registration must be completed directly with ASIC, rather than via the NowInfinity platform.
Click here for more information on restricted words, and how to apply for approval.