New Application Process

Back to Broker Accreditation

Applies to Brokers Who:

• Have never been accredited with Commonwealth Bank Third Party Banking; or
• Previously been accredited with Commonwealth Bank Third Party Banking but resigned for longer than 6 months.

 

All other Brokers should complete the transfer application 

 

Step Number	By Who	Action
One	Broker	Complete authority to act application form
Two	Broker	Complete the TPB Accreditation Online Test
Three	Broker	Collect all supporting documentation as indicated on the front page of the Authority to Act application under New Application
Four	Broker	Send Authority to Act application form and supporting documentation to your Aggregator for review and signoff
Five	Aggregator	Review application, sign section 8 of Authority to Act and send to Commonwealth Bank (TPB Accreditations) for processing
Six	CBA	Commence the processing of tbe application within 24 hours (business hours) of receipt

 

What Happens Next?

CBA TPB Accreditation Team will process the application. If the Authority to Act is incomplete or there are outstanding documents, we will contact your aggregator for follow up.

In the event the outstanding information is not provided within 10 business days, we will withdraw the application.

Once our checks have been completed and 'Authority to Act' approved, our Third Party Banking State Office may be in contact to conduct an interview and book you into a Sales and Process Workshop.

If you do not meet the Bank's criteria to become an accredited broker with CBA we will notify your aggregator by email.

Your Broker ID and user access to CommBroker will be created and provided to you and your Aggregator for reference after you attend the first Sales and Process Workshop.