Transfer to and from a Cash Management Accelerator account

You have many options when depositing funds into a Macquarie Cash Management Accelerator Account (Accelerator). You can also use your client's Accelerator account to transfer funds to the linked CMA. Please note that the linked CMA is the only account you can directly transfer Accelerator funds to.

When a client opens an account, the primary dealer/adviser is automatically provided Accelerator Account Transfer Authority on the account. The AIP functionality recognises if you have Accelerator Account Transfer Authority and won’t send your client a push notification via Macquarie Authenticator. If you don’t have Accelerator Account Transfer Authority or one of your support staff initiates the AIP transfer, a push notification will be sent to your client.

You can use AIP to transfer funds between your client's Accelerator account and their linked Macquarie Cash Management Account.

For more information see Adviser Initiated Payments (AIP).

When a client appoints you to have Accelerator Account Transfer Authority on an account, they’re authorising this adviser to have access to information about their account. Accelerator Account Transfer Authority means you can also transfer funds interchangeably between their Macquarie CMA and their Accelerator accounts using bulk transacting provided you are a registered user.

Depending on the authority and the direction of the transfer, you may need to complete specific bulk transacting files. Please see the table below for the correct file to use.

Financial Services Companies can now also be appointed with Accelerator Account Transfer Authority on a client’s Accelerator account via a Macquarie Third Party Authority form. You can find this form on Adviser Tools.

Your clients can also transfer funds themselves via our online and mobile banking services.

You can transfer into your Accelerator account from any account. You’ll need a BSB and an account number to complete an EFT.

• The Accelerator BSB is 182 500
• Your client’s nine-digit Accelerator account number can be found in your client’s welcome email we sent them after they opened an account.

The Accelerator BPAY^® Biller Code is 423475 and the BPAY Customer Reference Number (CRN) is their nine-digit Accelerator account number.

You can only transfer between the linked CMA or IDPS account and Accelerator.

You can’t set up recurring payments from an Accelerator. However, recurring payments can be set up from the CMA (or any other external accounts) to pay into an Accelerator account.