Opening an Accelerator account for your client

You can open a Macquarie Cash Management Accelerator (Accelerator) account and CMA (or Wrap Cash account) at the same time or open a new Accelerator account and link it to an existing CMA or Wrap Cash Account. Your clients can only have one Accelerator linked to each CMA or Wrap Cash Account.

You can open an Accelerator account at the same time as a CMA or Investment Wrap account. You’ll need to select the option to Open an Accelerator account as part of the CMA or Investment Wrap account application. 

You can complete a short-form online application and we’ll replicate your client’s details. To open a new Accelerator:

• Log in to Adviser Online
• Select Clients from the menu under the Macquarie Icon and click Accounts
• Search for your client’s CMA/Wrap Cash account and click on the account name
• Click on ‘Quick links’ in the top right corner and select ‘Open Accelerator account’
• Select Open an Accelerator account and complete a short-form application. 

Once your client approves the application, we’ll open the Accelerator account and send a confirmation email to your client. 

We’ll copy across your client’s: 

• account details
• contact details
• Tax File Number (TFN)
• Primary adviser. Please note this includes view authority and Accelerator Account Transfer authority to allow them to transfer between the client's CMA and Accelerator
• Any other financial services professional or financial services company view authority on the CMA.

We won’t copy across: 

• any linked accounts
• third party authorities (not listed above including individuals loaded as authorised signatories or other financial services professional or financial services company authorities)
• any services on the accounts (eg direct debits)
• any contact details if your client provides a different mobile and email on the application.

If your client wants to set up third parties on the account, they'll need to fill out a third party authority form.

• You client will receive an email accepting the product terms and conditions
  • Your client will receive multiple emails if more than one account was opened at the same time 
  • For joint accounts, both account holders will receive an email and must accept terms and conditions 
• Once the account is opened, you client will receive a welcome email for every account opened. 

All correspondence is sent digitally as the Accelerator is a digital product.

Accelerator account opening is generally completed within 1 day if we receive all necessary requirements for an application.

To avoid delays, please ensure you’ve completed all forms and uploaded all supporting documents before submitting. 

For further information, please see Requirements to open an account.