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 Limited Funds Transfer Authority (LFTA) on the account. The AIP functionality recognises if you have LFTA and won’t send your client a push notification via Macquarie Authenticator or a text message with a secure code. If you don’t have LFTA or one of your support staff initiates the AIP transfer, a  push notification or a secure code 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 or their primary adviser to have LFTA on an account, they’re authorising this adviser to have access to information about their account. LFTA means you can also transfer funds interchangeably between their Macquarie CMA and their Accelerator accounts using bulk transacting.

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.

Secondary brokers can now also be appointed with LFTA 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’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 and vice versa.

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.