Cash XL
Features
Macquarie Cash XL helps you deliver the returns your clients expect from their excess cash - while keeping their money at-call.
Ideal for: clients looking for an online high interest cash account with competitive returns and at-call access.
Adviser benefits
- Makes the cash portion of your client's portfolio work harder.
- Gives you online access to your client's account.
Client benefits
- At-call returns
- No minimum investments, no minimum balance
- Links to Macquarie’s CMA for added flexibility
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Macquarie CMA more info |
Macquarie Bank Term Deposit more info |
Macquarie Cash XL |
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| What's it for? | Central cashflow management hub | Lock in solid returns for cash you don't need till later | Maximise growth on cash needed soon |
| Minimum Investment | $5,000 | $10,000 | No minimum |
| No account keeping fees |
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| Competitive interest rate |
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| At call access to cash |
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Frequently asked questions
Will my client’s money be locked away for a specific term?
No. Your client can access their funds at anytime.
Are there fees for opening Cash XL?
There is no account opening fee or online transaction fees. More information about fees can be found in the Product Information Statement.
How do I open a Cash XL account for my client?
Your client should complete the application form contained in the Product Information Statement.
Tools
For clients
| Flyer name | Use this flyer to... |
|---|---|
| Simple tools to manage your cashflow | Explains why earning more money doesn't always translate into wealth |
| Cashflow plan | A workbook for your clients to complete and to help them identify gaps in their cashflow management |
| Cashflow management card | Explain the importance of implementing a cashflow management system |
For advisers
| Flyer name | Use this flyer to... |
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| Online applications made simple | A guide to the online applications service in your.clients@macquarie |
| Bulk transacting.... made simple | Efficiently collect fees and make bulk payments from your clients' cash accounts |
Forms
Application forms
| Form name | Use this form to... |
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| Cash XL | Apply for a Macquarie Cash XL. |
Online registration
| Form name | Use this form to... |
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| Macquarie Online and Phone Registration | Register for access to transact@macquarie and/or Macquarie PhoneLink or change your selection for these services. |
| Online Adviser Registration | Register for access to your.clients@macquarie. |
| Online Employee Registration | Register your employees to access your.clients@macquarie. |
Third party authority
| Form name | Use this form to... |
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| Adviser Limited Third Party - Authorisation | Register for authority to transfer funds between your client's CMA and Cash XL accounts and establish authority to open term deposits. |
| Adviser Limited Third Party - Transfer | Transfer funds between your client's CMA and Cash XL accounts (if registered for this service). |
| Third Party Authority | Use this form to setup third party authorities on your clients' accounts (such as general withdrawal, tax and fees authority). |
Account maintenance
| Form name | Use this form to... |
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| Account Nomination | Link additional accounts to transact@macquarie and/or Macquarie PhoneLink. |
| Change of Account Details | Update account information including address and contact details. |
| Change Your transact@macquarie Pay Anyone and BPAY Details | Make a change to your clients' transact@macquarie Pay Anyone and BPAY details. |
| Cheque and Deposit Book Request | Request a cheque & deposit book for your clients' accounts. |
| Duplicate Statements Request | Receive duplicates of your clients account statements. |
| Macquarie Online and Phone Registration | Register for access to transact@macquarie and/or Macquarie PhoneLink or change your selection for these services. |
Transacting forms
| Form name | Use this form to... |
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| Authority to Transfer | Manage your clients' cashflow by consolidating their funds from other bank accounts into their CMA or Cash XL accounts. |
| Deposit | Make additional deposits into your clients' existing CMA. |
| Direct Debit Request | Debit a nominated account with another financial institution for regular deposits to your clients' CMA or Cash XL accounts. |
| Foreign Currency Cheques | Use this form to deposit foreign currency cheques. |
| Income Redirection | Arrange for your clients to redirect their income (salary, rental, super and pension payments) to their CMA or Cash XL account. |
| Interest and Dividend Payment Authority | Arrange for your clients' dividend or interest payments from their investments to be paid directly into their CMA. |
| Overseas Telegraphic Transfer and Bank Draft Request | Transfer funds overseas and/or request a bank draft. |
| Periodic Payment Authority | Setup or amend regular payments from your clients' CMA (such as pension payments). |
| Withdrawal | Request to withdraw funds. |
Deceased estates
| Form name | Use this form to... |
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| Deceased Estate Change of Account Details | Change account details on a deceased estate account. |
| Deceased Estate Withdrawal | Withdraw funds from a deceased estate account. |
Fast fax
| Form name | Use this form to... |
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| Fast Fax | Receive your client's portfolio account number by fax. |
Offer documents
| Document name | Use this document to... |
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| Cash XL | The product information statement includes the application form. |
Contact us
Australian Capital Territory/New South Wales | Victoria/Tasmania | Queensland/Northern Territory | South Australia | Western Australia
Australian Capital Territory/New South Wales
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Victoria/Tasmania
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Queensland/Northern Territory
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South Australia
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Western Australia
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