Documents you need to open a Cash Management Account

To apply for a CMA for individuals, you’ll need to provide the following documents to us:

• Identification information for the applicant (Australian driver licence or Australian passport).

If electronic verification for the individual named on this application fails, we may require additional verification documents.

To apply for a CMA for joint parties, you’ll need to provide the following documents to us:

• Identification information for both applicants (Australian driver licence or Australian passport).

If electronic verification for either of the individuals named on this application fails, we may require additional verification documents.

To apply for a CMA for an SMSF, you’ll need to provide the following documents to us:

• Identification information (Australian driver licence or Australian passport) for:
  • the trustee(s), and
  • the beneficial owner(s) of the SMSF. For more information on how to determine beneficial owners see Apply for a Cash Management Account.
• A certified copy of the Trust Deed, or a signed letter on letterhead dated within the last 12 months from a solicitor or qualified accountant that confirms the name of the Trust, Trustee(s), Settlor, Beneficiaries and/or Class(es) of beneficiaries and Appointors/Protectors (if any).

For more information on certification requirements, please see Apply for a Macquarie Cash Management Account (CMA).

If electronic verification for any of the individuals or entities named on this application fail, we may require additional verification documents.

Note: The SMSF status must be Complying or Registered to be eligible to open a CMA.

To apply for a CMA for an unregulated trust, you’ll need to provide the following documents to us:

• Identification information (Australian driver licence or Australian passport) for:
  • the trustee(s), and
  • the beneficial owner(s) of the trust. For more information on how to determine beneficial owners see Apply for a Cash Management Account.
• A verification form completed by a solicitor or qualified accountant that confirms the name of the Trust, Trustee(s), Settlor, Beneficiaries or Class(es) of beneficiaries and Appointors/protectors (if any)
• For a unit trust, a certified copy of the unit registry.

For more information on certification requirements, please see Apply for a Macquarie Cash Management Account (CMA).

If electronic verification for any of the individuals or entities named on this application fail, we may require additional verification documents.

To apply for a company or business CMA, you’ll need to provide the following documents to us:

• Identification information (Australian driver licence or Australian passport) for:
  • the applicant, and
  • the beneficial owner(s) of the company or business.

A beneficial owner is always a person. Therefore, if a shareholder of a company is another company, the ownership structure of that company needs to be analysed to determine the ultimate beneficial owner.

If shares are non-beneficially held, we require evidence of who is holding the shares beneficially. When shares are held non-beneficially, they are held by a person as trustee on account of another person.

In this case we would need evidence of the beneficial owner of the trust, via a certified copy of the trust deed.

If electronic verification for any of the individuals or entities named on this application fail, we may require additional verification documents.

Note: Additional documents may also be required depending on the structure of the company or business. We will contact you if this is the case.

To apply for a sole trader CMA, you’ll need to provide the following documents to us:

• Identification information for the primary applicant (Australian driver licence or Australian passport).

If electronic verification for any of the individuals or entities named on this application fail, we may require additional verification documents.

To apply for a CMA on behalf of an incorporated association or body, you’ll need to provide the following documents to us:

• Identification information (Australian driver licence or Australian passport) for:
  • the two nominated individuals who will approve this application (these individuals are expected to be member of the management committee), and
  • the beneficial owner(s) of the association. For more information on how to determine beneficial owners see Apply for a Cash Management Account.

If electronic verification for any of the individuals or entities named on this application fail, we may require additional verification documents.