Macquarie Bank Term Deposit
Important
To open a Term Deposit, you’ll need to:
  • be at least 18 years old
  • be a permanent Australian resident and have an Australian driver’s licence or passport
  • be in Australia at the time of application
  • provide an email address, an Australian mobile number and an Australian residential or business address
  • have a minimum investment of $5,000
  • nominate a bank account to fund your Term Deposit and complete a direct debit request (DDR) to authorise us to debit funds from your nominated bank account. This account:
    • must be in the same account name and structure as your Term Deposit
    • must be able to accept both direct debits and credits
    • must contain sufficient cleared funds for the investment amount, and
    • cannot be a Macquarie Cash Management Accelerator Account or Macquarie Vision Savings Account
We collect your personal information in considering this application. We refer you to our Privacy Statement which explains how we handle your personal information, how you can access and seek correction of your information, or make a complaint.
* Asterisk = required field
Account type
 
For an unregulated trust application, you'll need to provide:
  • ABN of the Trust (if any)
  • A certified copy of the Trust Deed extract, or a signed letter on letterhead dated within the last 2 years from 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)
  • Identification information (Australian driver licence or Australian passport) for each trustee and beneficial owner
  • Full name of all beneficiaries, or the class of beneficiaries
  • Please visit Help Centre for more information
For an SMSF, you'll need to provide:
  • A registered or complying SMSF ABN
  • A certified copy of the Trust Deed extract, or a signed letter on letterhead dated within the last 2 years from 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)
  • Identification information (Australian driver licence or Australian passport) for each trustee and beneficial owner
  • Please visit Help Centre for more information
Trustee Type *
 
You'll need to provide:
  • The corporate trustee's ACN
  • Details of the company officers and beneficial owners of the corporate trustee
  • Registered office and Principal place of business address
  • Identification information (Australian driver licence or Australian passport) for each beneficial owner. We will attempt to electronically verify each applicant. If the electronic verification is not successful, we will need a certified copy of ID. Please visit Help Centre for more information on certification of documents.
For a company application, you'll need to provide:
  • The company's ACN
  • Details of the company officers and beneficial owners of the company
  • Identification information (Australian driver licence or Australian passport) for each beneficial owner. We will attempt to electronically verify each applicant. If the electronic verification is not successful, we will need a certified copy of ID. Please visit Help Centre for more information on certification of documents.
  • Registered office and Principal place of business address
For a sole trader application, you'll need to provide:
  • Applicant details, including full name, mobile number and email address
  • Identification information (Australian driver licence or Australian passport). We will attempt to electronically verify you. If the electronic verification is not successful, we will need a certified copy of ID. Please visit Help Centre for more information on certification of documents.
  • Principal place of business
  • ABN of the sole trader (if any)
  • Registered business name (if any)
For an incorporated association or body application, you'll need to provide:
  • Full name of the incorporated association
  • Registration or incorporation number
  • The name of the body responsible for registration
  • ABN of the incorporated association (if any)
  • Details of the chairman, secretary and treasurer
  • Identification information (Australian driver licence or Australian passport) for each beneficial owner. We will attempt to electronically verify each applicant. If the electronic verification is not successful, we will need a certified copy of ID. Please visit Help Centre for more information on certification of documents.
Submit your application *
Nominee account *
 
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Please note you will be required to provide a Power of Attorney document.

A power of attorney is a legal document that gives someone (called an ’attorney’, ’decision maker’ or ’donee’) the power to act on behalf of, and in the interests of, the person who grants that power (the ’principal’, ’the adult’ or ’doner’) during the principal’s lifetime. It authorises the attorney to make decisions relating to the legal and financial affairs of the principal, subject to any conditions or limitations in the document.