Open an account online (2024)

If you’ve got an existing multi-facility set up, you can open a new account by completing an online request in Macquarie Business Online (MBO).

To open a new account in MBO:

1. Log in toMacquarie Business Online
2. Navigate to theAccountsin the main menu
3. SelectOpen a new account
4. Select theFacility nameyou’d like to open the account under from the drop-down menu
5. Select theaccount typeyou’d like to open
6. Enter the new account name
7. Confirm your account attribute.
   • Forat-callorchequeaccounts:
     • Select what you would like to do with accrued interest
   • Forterm depositaccounts:
     • Select your term
     • Select what you would like to do at maturity
     • Select what you would like to do with accrued interest
8. SelectNext
9. Enter the details of the account beneficiaries (you must list at least one, and no more than 10) and selectSavefor each beneficiary
   Note: If you don’t want to include the tax details for your beneficiary, selectSkipfor now
10. SelectNext
11. If you’d like to include an opening deposit, selectInternal transferorDirect debit
    • For aninternal transfer:
      • Select the account you want to pay from
      • Enter the amount of the opening deposit
    • For adirect debit:
      • Enter the BSB, account number and account name of the account you wish the funds to come from
      • Enter the amount of the opening deposit
      • Select the check box to acknowledge the direct debit authority held for this account
12. SelectNext
13. Check all details are correct and you’re happy to finalise your request
    • Foraccounts without an opening deposit:
      • SelectSubmit
    • Foraccounts with an opening deposit:
      • SelectSubmit for ApprovalorApprove.

If the request includes anOpening deposit, the user(s) with authorise level access on the account you’re paying from will need to have their mobile device close by so they can complete the approval using the Macquarie Authenticator app.

The Macquarie Authenticator app sends users with authoriser level access push notifications to verify transactions and account changes so it’s as easy as tapping a button to approve or decline an action on your account in real time.

Watch this video to learn more about the Macquarie Authenticator app.

You’ll receive a notification in MBO once the account has been opened and ready for you to use. You can see this by selecting the bell icon at the top right-hand side of the page.

In the meantime, we recommend exploring our Help Centre to learn more about managing your new account.