trust

Macquarie bank blocking transfers to crypto exchanges

Tom Fu8 September 2026Knowledge base

SMSF and trust bank transfers blocked by your bank

If you try to fund an SMSF or trust account on Independent Reserve and your bank transfer fails, it may not be an error on your part. Some Australian banks apply extra restrictions on bank transfers to cryptocurrency exchanges. This can affect SMSF and trust account holders.

Independent Reserve13 August 2021Knowledge base

How to create a Trust account

1. Go to the Create Account page and enter a username and password. 2. Repeat your password and if you were referred by someone, enter their referral code.