What you need to open an account for an SMSF

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

1. A certified copy of trust deed, that confirms the name of the Trust, Trustee(s), Settlor, Beneficiaries and/or Class(es) of beneficiaries and Appointors/Protectors (if any).
   
   
2. Let us know if you'd like to open an account for an individual trustee or company trustee as outlined in the trust deed.
   
   
3. Trust details section of the application: Please provide us with the trust information, including:
   • Name of the trust
   • Full name of business (if any)
   • Australian Business Number (ABN). Please note, that the SMSF must have a complying or registered status for the application to proceed, which you may validate here
   • Details of any foreign tax residency. Please note, we're unable to accept applications for foreign trusts or entities (not applicable for SMSF)
   • Source of wealth. 
     
     
4. Trustee details: Please provide us with details of the trustees of the trust, including:
   • For an individual trustee:
     • 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
     • 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. 
        
   • For a company trustee:
     • The company’s name and ACN
     • Industry in which the company operates
     • Source of wealth
     • Registered office and principal place of business address/es
     • Company officer details, including:
       • Full legal name (including any middle names)
       • Any other name known by
       • Date of birth
       • Occupation
       • Mobile number
       • Email address
       • Residential address
       • Source of wealth
       • 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. 
          
   • Company beneficial owner details, including:
     • Full legal name (including any middle names)
     • Date of birth
     • Occupation
     • Mobile number
     • Email address
     • Residential address
     • Source of wealth
     • 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. 
     • See Determining beneficial ownership for more information.
        
5. Trust Beneficiaries’ details: Please provide us with the names of individual beneficiaries listed in the trust deed (noting that in SMSFs, beneficiaries are referred to as members of the fund). Beneficiaries may be specifically named individuals, entities, or be a ‘class’ of beneficiaries such as children, grandchildren, or unit holders. It's important that all information is entered correctly as per the trust deed.
   
   
6. Account details: Please provide details about source of funds and the purpose of the account.
   
   
7. Account authorities: If you'd like to appoint third parties on the account, we’ll also ask you for their details.
   
   
8. Application communication preference: Let us know the preferred email address for managing this application, receiving follow-up requests etc.