Access Code is a unique code allocated to you by us which identifies you and when used in conjunction with a Passcode provides access to Electronic Banking.
Access Method means a method authorised by us for you to access or transact on an Account.
- For Electronic Banking, this includes any one or more of a login (Access Code), Passcode and any other code that we provide to you and any Authorised Users, or permit to be set up, from time to time.
- For Payment Cards, this includes the Payment Card itself, Card Details, any digital variants stored or tokenised within a Device, and any Passcodes used in conjunction with these methods.
Where the technology is available and you have enabled it, this may also include Biometric Data stored on your Device, or any PIN, which is used to login to Electronic Banking or to transact with a digital card.
Account means any account issued by us which we agree can be accessed through Electronic Banking.
Account Terms and Conditions means the terms and conditions that apply to the Account you hold and access through Electronic Banking.
ADI means any bank, building society, credit union or other authorised deposit-taking institution within the meaning of the Banking Act 1959 (Cth).
Authorised User means a person authorised by you to access and/or transact on your Account(s) (where the Account Terms and Conditions so allow), including any additional cardholders.
Biller means an organisation which tells you that you can make payments to them through the BPAY Scheme.
Biometric Data means fingerprint, facial recognition or other biometric information which is used as an authentication method to access a Device, Electronic Banking or to authenticate transactions.
BPAY means a payment which you have instructed us to make, through Electronic Banking, to a Biller through the BPAY Scheme. BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
BPAY Scheme means the scheme operated by BPAY, which is a service which allows payments to be made electronically to Billers. This includes rules and operating procedures which govern our participation in the BPAY Scheme.
Business Day means any day on which banks in Melbourne and Sydney are able to effect settlement through the Reserve Bank of Australia.
Card Details means the information printed on your Payment Card including the card number, expiry date and Card Verification Code (CVC - the three digits shown on the back of your Payment Card).
Code or ePayments Code is an industry code administered by ASIC which regulates electronic payments, including ATM, EFTPOS and credit card transactions, online payments, internet and mobile banking, telephone banking, direct debits and BPAY.
Credit Limit means (as applicable) your credit card credit limit shown in your offer document or as we may agree to vary from time to time.
Device refers to any computer, mobile phone, tablet, watch or other electronic device with an internet connection through which you can make payments, create and operate digital wallets, create digital or tokenised Payment Cards, or otherwise access Electronic Banking.
Direct Debit means a regular drawing from your Account that you have authorised a third party to make by quoting your BSB and Account number, which is governed by the BECS Procedures available at www.auspaynet.com.au/resources/direct-entry.
Electronic Banking means all or any of Online Banking, Mobile Banking and Telephone Banking as relevant, operated by MBL.
Materials means any proprietary and confidential information including messages, files, data, software, images, photographs, illustrations and text contained on Electronic Banking.
MBL means Macquarie Bank Limited ABN 46 008 583 542 (Australian Financial Services Licence and Australian Credit Licence 237502).
Merchant means a merchant with which you have established, or would like to establish, a Payment Agreement.
Mobile Banking means MBL's mobile banking service that allows you to access certain banking services through a smartphone application on compatible mobile phones or personal electronic Devices with internet connectivity. Mobile Banking is made available to you through the Mobile Banking app.
Mistaken Internet Payment or MIP means a Pay Anyone Payment or NPP Payment where the funds are paid into the account of an unintended recipient because a BSB, account number and/or other identifier that does not belong to the intended recipient was entered as a result of:
- you or an Authorised User's error; or
- you or an Authorised User being advised of the wrong BSB, account number and/or other identifier.
MMS means ‘Mandate Management Service’, the central database of Payment Agreements operated by NPP Australia Limited.
NPP means New Payments Platform operated by NPP Australia Limited.
NPP Payment means a Pay Anyone Payment made through Electronic Banking which is processed using the NPP network in near real time.
Office Holder means the natural person(s) who hold the office of ‘director’ and/or ‘secretary’ of a company (or the equivalent for an association), who may operate an Account on behalf of a company or association.
Online Banking means MBL's online banking service, which enables you to access and/or transact on your accounts over the internet. This is designed for use with compatible computer internet browsers.
Passcode means any passcode or code that we require you or an Authorised User to keep secret that may be required to authenticate you or a transaction, including in relation to any Access Method. This includes any usernames, login credentials, Access Code, Passwords, PINs, TPINs and SMS Codes.
Password means a security password which is issued by us, or selected by you or an Authorised User, which enables access to Electronic Banking.
Pay Anyone Payment means a payment that can be made through Electronic Banking which is processed by direct entry or through the NPP involving the transfer of funds from an Account to another account held with MBL, or to an account held with another financial institution in Australia.
Payment Agreement means an agreement established by you and an approved Merchant or Payment Initiator, by which you authorise us to make payments from your eligible Account.
Payment Initiator means an approved payment service provider acting for a Merchant who is authorised by you to initiate payments from your Account.
Payment Card means a debit or credit card (including a digital or tokenised card) we issue to you for use on your Account. In the case of a digital or tokenised card, this may be issued to you by another party on our behalf – e.g. your Device manufacturer, who has integrated their services with us to enable you to establish digital payments on your Device.
PayTo means the service which enables us to process NPP Payments from your eligible Account in accordance with and on the terms set out in a Payment Agreement you have established with a Merchant or Payment Initiator that subscribes to the service.
PIN means the optional numeric code selected by you or an Authorised User for accessing Mobile Banking on a Device, without inputting an Access Code and Password each time.
SMS Code means a code we send by short messaging service (SMS) to your or an Authorised User's mobile phone.
Telephone Banking means MBL's telephone banking services which are available for certain Accounts. Please refer to your Account Terms and Conditions to see if this service is available to you.
Transfer ID means a unique identification number generated by the Mandate Management Service in connection with a request to Transfer one or more Payment Agreements.
TPIN means the four-digit code selected by you or an Authorised User to enable access to Telephone Banking.
We or us means MBL and its successors and assigns.
You means an Account holder and each of you, if there is more than one Account holder. In the case of an Account in the name of a company or a trustee of a trust, “you” also includes Office Holders (jointly and severally) where the context requires. Any other grammatical form of "you" (including lowercase or possessive use) has a corresponding meaning. Wherever such forms of “You” are used throughout these Terms and Conditions the relevant obligation or requirement also applies to any Authorised Users, as applicable and as the context requires.