How do I deposit into my Macquarie Cash Management Account?

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How do I deposit into my Macquarie Cash Management Account?


While you can’t deposit notes, coins or third party cheques into a Macquarie Cash Management Account (CMA), there are a number of convenient ways to add funds to your account.

Depositing your salary, dividends and other income

You can have your salary, dividends and other income such as pensions, unit trust distributions and interest paid directly into your Macquarie CMA. There is no minimum amount for these electronic deposits after you have opened the account. To deposit:

Funds transfer

You can transfer funds into your Macquarie CMA from most other financial institutions by requesting them to transfer funds on your behalf and giving them your account details (BSB and account number).

  • Our branch (BSB) number: 182-512*

BPAY®

To send funds to your Macquarie CMA via BPAY®, contact the financial institution holding the funds, which must be a BPAY® payer. Use the following details to make the transaction.

  • Biller code – 667022
  • Reference number – your Macquarie CMA number

Please note: BPAY® deposits take two business days to clear.

Making direct debits

Direct debits are the easiest way to automate regular deposits into your Macquarie CMA. The minimum direct debit amount is $250 per transaction, which can be set-up as a one-off or set to recur weekly, monthly, quarterly, half-yearly or yearly. The deposits must come from an account(s) in the same name.

To establish a direct debit from an account with another financial institution, you can elect this on the online application and complete the Direct Debit Request form. You will need to provide an account statement (that is less than six months old) for the account you are debiting.

Transfers organised via an overseas bank

You can transmit funds to your Macquarie CMA from overseas by telegraphic transfer, in Australian dollars (AUD), or by bank draft drawn at an Australian bank. When sending in telegraphic transfers please instruct the sending bank to quote our SWIFT code:

  • Macquarie SWIFT code: MACQAU2S XXX

Deposits through National Australia Bank (NAB)

We have arranged for NAB to accept cheque deposits on your behalf provided you use your personalised Macquarie CMA deposit book. Cheques must be for a minimum of $500 and be in Australian dollars (AUD). We usually credit your account the same business day, provided you lodge your deposit at the counter, and not at the express cheque deposit facility. Interest will accrue from that day.

Online deposits from overseas banks

The online International Money Transfer (IMT) service allows you to initiate international transfers to and from your Macquarie CMA in foreign currency. IMT has no hidden fees and gives you full transparency of the foreign exchange rate at the time you make the transaction. Register for this service online or call IMT on 1300 797 494 (Australia) or +61 2 8667 8082 (international).

Lodgement times and interest

Deposits lodged at Macquarie by 4pm (Sydney time) on a business day will start earning interest that day in most instances. Deposits received after 4pm will be processed on the following business day.

To find out more about how to deposit funds into your CMA, call 1800 806 310 to speak with a Macquarie specialist.

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Macquarie Bank Limited ABN 46 008 583 542 AFSL & Australian Credit Licence 237502 (MBL). This information does not take into account your objectives, financial situation or needs. Before making any financial investment decision or a decision about whether to acquire any product mentioned on this page, a person should obtain and review the terms and conditions relating to that product and also seek independent financial, legal and taxation advice.