Yes, if you have an existing account with one of our approved providers simply provide us with your BSB/Account details in your account application and submit the corresponding third party authority form below along with your OpenMarkets account application*.
Third Party Authority Forms:
- Bankwest Cash Management Account– complete a Bankwest Authority Form
- CBA Accelerator Cash Account (advisers services only) – advisers will need to instruct your CBA account manager
- DDH Graham Money Market Deposit Account – complete a DDH Graham Authority
- Macquarie Cash Management Account – complete a Macquarie Authority Form Note: General Withdrawal authority must be selected.
*If using the online form, you will be prompted to email this third party authority form during the application process.
Why does OpenMarkets require authority?
This authority allows OpenMarkets to import your daily cash balance each morning and also allows for real-time settlements (debit/credits) on T2 settlement date.