We prefer the Funds we administer to set up a Macquarie Cash Management Account (CMA). This is a dedicated SMSF bank account that acts as a hub, or transaction account, for your Fund.
Having an SMSF with a Macquarie CMA account has a number of advantages, including:
- no account keeping fees
- Superannuation Warehouse can debit your Fund’s monthly fee from this bank account
- deposits can be made at any NAB branch – use BSB 182512
- cheque book facility available with this account
- Superannuation Warehouse can view your account at year end to prepare financial accounts and tax returns
To view the account specifications, click on the button below:Macquarie CMA Bank Account
When your new SMSF is set up, we’ll initiate the bank account opening as well. Please feel free to contact us if you’d like to open a Macquarie bank account at any other time. Banks might ask Trustees to identify Trustee’s identities and we can certify Trust Deeds when requested by banks or brokers.
Generally use internet banking or to deposit paper cheques, go to any NAB branch or mail it to Macquarie at:
Macquarie Bank Limited, GPO Box 2520, Sydney NSW 2001
together with a cash-deposit-receipt.
For information on bank accounts in general, click here.