What you need to open an account for a sole trader

To apply for a Macquarie CMA, Term Deposit or Wrap IDPS account on behalf of a sole trader, you’ll need to provide the following information to us: 

1. Applicant details: 
   • Full legal name (including any middle names)
   • Any other name known by
   • Date of birth
   • Mobile number
   • Email address
   • Residential address
   • Occupation
   • Source of wealth
   • Tax file number
   • Name of business
   • ABN
   • Industry and nature of business activity
   • Registered office and principal place of business address/es
   • Details of any foreign tax residency, including a Tax Identification Number (TIN) if applicable
   • Identification information (Australian driver's licence or Australian passport.) If we can't electronically verify the client, we will require a certified copy of ID. 
   • If your client doesn’t have an Australian driver’s licence or Australian passport, select the option ‘Applicant does not have an Australian driver’s licence or Australian passport’ in the online application form. Please note that if this option is selected, additional documentation will be required.
   • If foreign photo identification is provided for the client, we will still need to establish a connection to Australia (e.g. Valid Visa or Australian citizenship). Additional documentation may be required depending on the tax residency details provided. 
      
2. Account authorities: If you'd like to appoint third parties on the account, we’ll also ask you for their details.
   
   
3. Application communication preference: Let us know the preferred email address for managing this application, receiving follow-up requests etc.