We have stopped accepting foreign cheques as deposits into Macquarie bank accounts since 1 December 2020. You also cannot use cheques issued by us for payments overseas.

If you currently use foreign currency to receive or make payments, you’ll need to start using other methods of transferring money internationally. We recommend you receive funds from overseas via international money transfer or “wire” transfer.

Sending money overseas

To send or receive funds overseas, please include your BSB and Account number along with
  • SWIFT code – MACQAU2S
  • Bank Address – 1 Shelley Street, Sydney 2000

Why we’re removing foreign cheques

There are now faster and more secure methods you can use to send and receive funds overseas. We’ve seen international cheque usage decline significantly in recent years. After careful consideration we decided to remove foreign cheques from our services.

We understand this may impact some of our customers who have traditionally used foreign cheques and we apologise for any inconvenience.

Can I deposit cheques in Australia?

Yes, we’re still honouring cheques issued in Australia. For more information about depositing Australian cheques, please see How do I deposit a cheque into my bank account?

Ordering cheque books

We’ll continue to provide cheque books to you upon your request. Please note you won’t be able to use any cheques issued by us overseas.

What happens if I receive a foreign cheque?

Unfortunately, we won’t accept foreign cheques. We recommend you reach out to the person or entity that wrote you the cheque to arrange an alternative payment option via international Money Transfer or “wire” transfer.
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Thank you. If you’d like to provide further feedback about your recent experience, please head to our Feedback and Complaints page.

Experiencing financial difficulty?

Where you feel you may not be able to meet your regular repayments or some other financial obligation, please contact us to see how we can work together towards a solution for you. 

Feedback and complaints

Everyone at Macquarie is commited to providing our clients with the highest standard of products and services available. If you have feedback we would like you to tell us about it. 

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