Types of pending transactions

There are two types of pending transactions for your accounts:

  • Transactions requiring authorisation by another person on your account
  • Payments or transfers that have been authorised but not yet processed.

Payments or transfers that have been authorised but not yet processed

Some payments may appear as pending until the payment has been fully processed. This includes transactions such as: 

  • Point of sale (POS) purchases 
  • Online card purchases
  • ATM withdrawals
  • Cash deposits 

Pending transactions may also be the result of a merchant applying a pre-authorisation (for example, deposits for car hire or hotel accommodation where the authorisation may be cancelled on return of the vehicle or at the end of your stay).

Pending transactions adjusts the balance and available amounts displayed in accounts.

Why doesn’t the transaction date match my purchase receipt?

Sometimes there may be a delay between when the transaction occurred and when it appears on your statement or online transaction listing. This can be up to 7 days depending on the merchant and the way they process the transaction.

Transactions requiring authorisation by another person on your account

For some accounts with us like the Macquarie Cash Management Account, you are able to set up the account to be "two to sign" - this also applies to online payments. If your account is setup in this way, you will be informed on screen after you initiate the payment. Simply arrange for the other person authorised on the account to confirm the payment by logging into Macquarie Online Banking or Macquarie Mobile Banking app under their own Macquarie ID.

For the other person authorised on the account to confirm the payment using:

Macquarie Online Banking:

  1. Select the $ icon from the side menu; or first click on the menu icon in top left-hand corner to display the side menu
  2. Select Scheduled payments
  3. Click Authorise on the payment you want to confirm or click Cancel to cancel the payment.

Macquarie Mobile Banking app:

  1. Scroll down the home screen to the Payment approval tile
  2. Click Authorise to confirm the payment or click Deny to cancel the payment.

Please note that these payments will only remain as a pending payment for that day. The payment will be removed at midnight. You'll need to restart the process if this happens.

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Unless stated otherwise, this information is provided by Macquarie Bank Limited AFSL and Australian Credit Licence 237502 (MBL) and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. Finance is subject to our credit approval criteria. Terms and conditions apply and may change without notice.

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Other than MBL, none of the Macquarie Group entities referred to are authorised deposit-taking institutions for the purposes of the Banking Act 1959 (Cth), unless noted otherwise. Their obligations do not represent deposits or other liabilities of MBL. Unless otherwise stated, MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity.

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