Macquarie SMSF Bank Account
We prefer the Funds we administer to set up a Macquarie Cash Management Account (CMA). This is a dedicated SMSF bank account that acts as a hub, or transaction account, for your Fund.
Having an SMSF with a Macquarie CMA account has a number of advantages, including:
- no account keeping fees
- Superannuation Warehouse can debit your Fund’s monthly fee from this bank account
- deposits can be made at any NAB branch – use BSB 182512
- cheque book facility available with this account
- Superannuation Warehouse can view your account at year end to prepare financial accounts and tax returns
To view the account specifications, click on the button below:
If you have an existing Macquarie bank account and would like to contact Macquarie directly, you can call the number:
1800 806 310
Alternatively, you can submit an online enquiry by clicking on the button below:
When your new SMSF is set up, we’ll initiate the bank account opening as well. Please feel free to contact us if you’d like to open a Macquarie bank account at any other time. Banks might ask Trustees to identify Trustee’s identities and we can certify Trust Deeds when requested by banks or brokers.
Generally use internet banking or to deposit paper cheques, go to any NAB branch or mail it to Macquarie at:
Macquarie Bank Limited, GPO Box 2520, Sydney NSW 2001
together with a cash-deposit-receipt.
Macquarie offers international transfers via OFX provider. Steps to make an international transfer is explained here.
Closing down or withdrawing a large sum from a Macquarie Cash Management Account
From Wednesday 1 March 2023, Macquarie bank will no longer accept paper signed requests for withdrawals under $100,000. This includes requests using the Macquarie Withdrawal Form and the Recurring Payment Form, as well as requests made via email instruction.
Instead, you can make withdrawals via the Macquarie online and mobile banking platforms. For more information on how to make online withdrawals, click here.
For more information on SMSF bank accounts, click here.