Macquarie’s Cash Management Account - Macquarie Group Limited

About Macquarie

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Conduct your financial affairs with confidence - Macquarie Cash Management Account

Overview
Features and benefits
FAQs

Macquarie’s CMA is your cash hub

From one single point, you have complete oversight and control of your financial portfolio – savings, investments and super. With Macquarie’s CMA, you call the tune.

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Leaders in cash management, Macquarie offers one of the market’s most efficient cash management tools. Macquarie’s CMA is used by more than 400,000 investors, over 10,000 financial advisers and is the chosen cash hub for one in every four self managed super funds^**.

Efficient, visible, flexible, secure.

Efficiency: consolidating your cash into one central cashflow management system can help maximise the returns on your cash portfolio and gain a comprehensive view of your cash position.

Flexibility: easy access to your cash via online or phone banking, cheque book facility and Bpay^® .

Visibility: 10 years of online statements and access to detailed reporting on your account.

Security: covered by the Australian Government Guarantee ^ for aggregate deposits held with Macquarie Bank of up to $A250,000.

SMSF-ready: can be used as a cash hub for a self-managed super fund (SMSF), simplifying super fund accounting, tax returns and end of year auditing. The Macquarie CMA is the chosen cash hub for one in every four self managed super funds**.

No ongoing fees: no monthly account-keeping or management fees.

Personalised service: supported by our specialist team who are renowned for their efficient, friendly service and product knowledge.

Competitive interest rate:the Macquarie CMA offers a competitive rate of %pa* - calculated daily, paid monthly.

Experience: Macquarie’s cash management solutions are used by more than 400,000 investors and over 10,000 financial advisers. Macquarie has built this position through exceptional services and innovative features and functionality.

Easy to apply: secure and fast online application with electronic verification.

Frequently Asked Questions

About Macquarie

What is Macquarie's expertise with cash products?

Macquarie has been a leader in cash management for three decades. Its cash management solutions are used by more than 400,000 investors and more than 10,000 financial advisers. Macquarie has built this position through exceptional service and innovative features and functionality.

Security of your cash investments

How secure is my deposit?

Deposits in the Macquarie CMA are eligible for coverage under the Australian Government’s Financial Claims Scheme (Retail Guarantee). In September 2011 the Australian Government announced a number of changes to the Financial Claims Scheme (Government Guarantee). From 1 February 2012, a permanent guarantee cap of $250,000 per account holder per institution will apply, subject to the continued advice of financial regulators that this remains appropriate. Further information about the Government Guarantee can also be obtained from the APRA website at www.apra.gov.au and the APRA hotline on 1300 558 849.

How secure is Macquarie?

Macquarie Bank is an Authorised Deposit taking Institution (ADI), like the other retail banks in Australia. ADIs are regulated under the Banking Act 1959 (Cth). Under the Banking Act, if an ADI becomes unable to meet its obligations, its first priority is to meet its deposit liabilities. This means that all bank deposits rank ahead of equity investors and other creditors.

Macquarie Cash Management Account

Will my money be locked away for a specific term?

No. You can access your funds at anytime.

Are there fees for opening a Macquarie CMA?

There are no account opening fees or online transaction fees. More information about fees can be found in the Macquarie CMA Product Information Statement.

How do I open a Macquarie CMA account?

Complete the application form contained in the Macquarie CMA Product Information Statement. Click on the 'Apply Now' link below to download the Product Information Statement.

Why is the Macquarie Cash Management Account and/or the Macquarie Bank Term Deposit online application not displaying correctly?

The Macquarie Cash Management Account and Macquarie Bank Term Deposit online application is compatible with Internet Explorer 7 and 8, Firefox and Chrome internet browsers. If you are using Internet Explorer 6, you may experience some issues with how the application displays but it will not affect your application. Continue to complete your application and we will be in contact if any additional information is required.

How do I check if I have Internet Explorer 6?

On your browser, click 'Help' and select 'About Internet Explorer.' This will indicate which version of Internet Explorer you are using.

Why do I need to complete an identification form?

The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 requires the collection and verification of specific information from clients.

When do I need to provide an identification form?

You must supply an identification form unless you are an existing active Macquarie account holder. We may require further information from you from time to time in order to meet our obligations under AML/CTF Laws.

How do I get my identification forms certified?

A certified copy is a document that has been certified as a true and accurate copy of the original document.

This can be done by approaching one of the authorised certifiers below. The authorised person should also print their name and position and if possible affix an official stamp.

Legal Practitioner
Judge of a Court
Magistrate
CEO of a Commonwealth Court
Registrar or Deputy Registrar of a Court
Justice of the Peace
Notary Public
Police Officer
Agent of Australia Post
Australian Consular or Diplomatic Officer
Officer of Financial Institution (min. two yrs)
Australia Post Employee (min. two yrs)
Finance Company Officer (min. two yrs)
Officer or Authorised Representative of Australian Financial Services Licensee (min. two yrs)
Member of the Institute of Chartered Accountants, CPA Australia or the National Institute of Accountants (min. two yrs membership)

Need help?

> Speak to your financial adviser or accountant
> Call one of our specialists on 1800 507 750

Request more information

Apply now

Find out more

Call 1800 507 750

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Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice contained in this website and before making any investment decision we recommend that you consider whether it is appropriate to your situation and seek appropriate financial, taxation and legal advice. We recommend that you read our Financial Services Guide before deciding whether to obtain financial services from us. If an offer document is available for a product referred to on this site, you should read it before making any investment decision. Information on this website is intended for residents of Australia only.

Except for Macquarie Bank Limited (MBL) (Australian Credit Licence (ACL) 237502) ABN 46 008 583 542, any Macquarie entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity's obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

Macquarie Group Limited is regulated by Australian Prudential Regulation Authority (APRA), the Australian banking regulator, as the non-operating holding company of an Australian bank (Macquarie Bank Limited, a wholly owned subsidiary of Macquarie Group Limited). As a licensed Australian bank, Macquarie Bank Limited (Macquarie) is subject to regulation by APRA. Macquarie also holds Australian Financial Services Licence No. 237502 and is subject to regulation by the Australian Securities and Investments Commission.

The Macquarie Cash Management Account is a deposit account provided by Macquarie Bank Limited ABN 46 008 583 542, Australian financial services license no. 237502. Fees and charges may be payable. Terms and conditions are available upon request.

^*The Macquarie Cash Management Account interest rate is variable and subject to change without notice.

^** Source: Macquarie Bank Limited data, ATO Self-Managed Super Fund Statistical Report.

^{^} In September 2011 the Australian Government announced a number of changes to the Australian Government Guarantee (Financial Claims Scheme). From 1 February 2012, a permanent guarantee cap of $250,000 per account holder per institution will apply, subject to the continued advice of financial regulators that this remains appropriate. Further information about the Government Guarantee can also be obtained from the APRA website at www.apra.gov.au and the APRA hotline on 1300 558 849.