Insolvency

Overview

A bank who gets things moving

As an insolvency practitioner, the speed at which you can set up administration accounts for your clients is critical. As is being able to manage those accounts efficiently from any location, and talk to your Relationship Manager when you need to.

That’s why we have developed tailor-made solutions for the insolvency sector. Whether you’re looking to manage client monies more effectively, or move your business to the next stage, we can provide the control and level of service you need.

• Start transacting, sooner. Our insolvency banking service means you can establish client accounts faster – to save time and money, and get things moving swiftly in your business.
• A tailored deposit solution, that can be set up the same day and gives your administrative staff a more efficient way to manage accounts.
• Easy, secure online banking, so you can streamline all your banking in one place and manage daily cash flow more easily.
• EFTPOS terminals, up and running within days if you need them for a trade-on or to accept payments to your chosen account.
• Support with personal investments, with one point of contact for your personal and business banking, plus Macquarie Property Essentials to support a range wealth creation and business opportunities.
• A dedicated Macquarie Relationship Manager, who is proactively involved in your business.
• Insights into the insolvency industry.

To find out more, call Macquarie.*

Read the Product Disclosure Statement dated 1 May 2012.

Deposit solutions

A more efficient way to manage your insolvency accounts

The first 24 hours of an insolvency appointment are often the most hectic. You want to get client accounts set up quickly, so you can start transacting immediately. Our tailored insolvency deposit accounts offer the ideal way to manage client monies more efficiently.

If you’re looking to open a deposit account for your own business, we can help there too.

Why bank with Macquarie?

Fast account set up - with Macquarie, you can expect to have deposit accounts under administration, up and running the same day. Your dedicated Relationship Manager will personally arrange to open your new accounts and oversee all your banking needs.

 Compliant with regulations - our deposit accounts comply with all regulations governing insolvency accounts, including cheque accounts, at call investment accounts, term deposits and trust accounts.

Dedicated team of specialists - our team understands the insolvency industry and the issues you face. They’ll work with you to streamline the process, to improve your office efficiency and enhance your client service.

To find out more, call Macquarie.*

Read the Product Disclosure Statement dated 1 May 2012.

Transactional accounts

We’ll move swiftly so you can too

Establishing accounts and transacting quickly is paramount in the insolvency sector. We understand that, and have designed our banking service to give you exactly what you need. Efficient online account management with enhanced flexibility and greater risk control.

Our online banking allows you to manage your client accounts easily and securely from any location, and streamline your banking all in one place. So you can benefit from improved cash flow, and ultimately offer added value to your clients.

Online banking that offers a host of benefits

An efficient way to manage your accounts, easily and securely, with a range of enhanced features such as Electronic Funds Transfer (EFT), group payments, future dated single payments and recurring payments.

Easy access to records. You can access up to seven years of online statements in an easy to read, audit compliant format. That means you can meet your ITSA and ASIC reporting requirements and respond swiftly to enquiries from principles and clients.

Flexible, secure user options. Set up users with different access levels and specify how many people are required to authorise transactions. You can also request to have multiple accounts administered by one blanket signing authority.

Safe, reliable merchant services. Need to accept payment for goods and services by credit card, charge card or debit card for a trade-on? We can arrange secure, custom-built EFTPOS facilities, for in the office or on the road.

Your personal banking resource. As insolvency industry experts, your dedicated Relationship Manager talks your language and can even train your staff personally so you can get your online banking processes up and running sooner.

To find out more, call Macquarie.^

Read the Product Disclosure Statement dated 1 May 2012.

Knowledge and networks

Insights and connections to keep your business in front

As part of our continued commitment to the insolvency industry, Macquarie Relationship Banking has once again commissioned economic research by Macquarie Research Economics.

The Economics of Insolvency Report 2011 / 12 helps practitioners keep their business in front with economics insights and the potential impact these may have on insolvencies in the coming year.

We are also proud to be associated with the Insolvency Practitioners Association of Australia (IPA) – the leading membership organisation in the field of business reconstruction and corporate and personal insolvency.

To find out more, call Macquarie or register to receive a copy of the report below.

Register to receive a copy of the report

Register your details to speak to one of our dedicated Relationship Managers.

> Register now