Macquarie Bank offers two different types of bank data feeds. Please refer to the table below for further information regarding the differences between these two data feed services.
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Cost |
Firm must be subscribed to the BGL Bank Data Pack ($44 inc. GST per fund per annum) |
FREE |
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Authority signed to |
Authority is signed to BGL |
Authority is signed to your firm’s account |
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Authority Form Preparation |
Forms are prepared through SF360 |
Your firm will need to download and prepare authority forms from Macquarie |
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Authority Form Process |
BGL will track which forms have been returned and handle any errors. |
Your firm will track which forms have been returned and handle any errors. |
|
Signed Authority Forms |
BGL will store a copy of the signed Authority form. |
Storing a copy of the signed Authority form will be your firm’s responsibility |
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Download Method |
Bank Data is downloaded in one process along with any other supported Banks. |
Bank Data is downloaded using a separate service. |
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Historical Information |
The prior 3 years of data available |
The prior 3 years of data available |
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Access to bank account(s) on Macquarie Adviser Website? |
NO |
YES |