Macquarie Cash Management Account (CMA)

We prefer if the Funds we administer set up a Macquarie Cash Management Account (CMA for short). This is a dedicated SMSF bank account. This account will act as a hub or transaction account for your Fund.

The main advantages for a SMSF using the Macquarie CMA account are:

  • no account keeping fees
  • interest rate the same as the official bank rate
  • Superannuation Warehouse can debit your Fund monthly fee from this bank account
  • deposits can be done at any NAB branch
  • cheque book 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

To open up a SMSF bank account, we will send you the procedure to do this when a new fund is set up. To open up a Macquarie bank account at any other time, please contact us.

More general info on bank accounts by clicking here.

 

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