Transfer Application Process

Back to Broker Accreditation

Applies to Brokers Who?

• Are currently accredited through an Aggregator but is changing to another Aggregator; or
• Previously been accredited with Commonwealth Bank Third Party Banking but resigned for less than 6 months.

 

All other Brokers should complete the new application process

 

Step Number	By Who	Action
One	Broker	Complete authority to act application form
Two	Broker	Collect all supporting documentation as indicated on the front page of the Authority to Act application under Transfer Application.
Three	Broker	Send Authority to Act application form and supporting documentation to your Aggregator for review and signoff.
Four	Broker	Pay for transfer accreditation Fee
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 the application within 24 hours (business hours) of receipt and upon confirmation of payment, we will issue a tax invoice.

  

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.

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, the CBA, our Accreditation team will send you and your Aggregator your new Broker ID and user access for CommBroker.

If you do not meet the Bank's criteria to transfer your accreditation from another Aggregator, we will notify your aggregator by email.