Australia · Financial institution
Bank of Queensland Limited
Legal name in the LEI recordMEMBERS EQUITY BANK LIMITED
Members Equity Bank Limited is an Australian public company with its last recorded address in Melbourne. Bank of Queensland Limited acquired it from 26 industry superannuation funds on 1 July 2021 for AUD 1.325 billion. On 28 February 2022 its banking assets and liabilities were transferred to Bank of Queensland Limited. APRA revoked its ADI licence on 1 March 2022, and the ME brand continues within the BOQ Group under Bank of Queensland Limited's licence.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- MEQBAU3MXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under MEQBAU3M directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2012-11-10
- Last updated
- 2024-04-27
Overview
Researched 29 Sep 2026 · Sources
Total assets
Not published
Employees
Not published
Ownership
Group subsidiary
100% Bank of Queensland Limited
Institution type
Digital bank
Trades as ME Bank
- Standing · Merged or acquired
- All assets and liabilities of Members Equity Bank Limited were transferred to Bank of Queensland Limited under the Financial Sector (Transfer and Restructure) Act 1999, effective 28 February 2022. APRA revoked its authorised deposit-taking institution (ADI) licence on 1 March 2022. The ME brand now operates under the ADI licence of Bank of Queensland Limited.
- Ownership
- Bank of Queensland Limited has held 100% of the shares since 1 July 2021, when it bought them from 26 Australian industry superannuation funds.
- Direct parent
- Bank of Queensland Limited, Australia 100%
- Head office
- Level 28, 360 Elizabeth Street, 3000 Melbourne, Australia
- Company register
- ACN 070 887 679 (ABN 56 070 887 679), ASIC
Online
- Websites & references
- mebank.com.au ↗ Former website of the entity, now the site of the ME brand operated under Bank of Queensland Limited's ADI licence
Wikipedia ↗ - Official social accounts
- None found
Sources · 10 pages consulted
- apra.gov.au/news-and-publications/apra-revokes-members-equity-bank-limiteds-banking-licence
- abr.business.gov.au/ABN/View/56070887679
- boq.com.au/about-us/media-centre/media-releases/2021/2021-07-01me
- announcements.asx.com.au/asxpdf/20220228/pdf/456jm4q47xhgbj.pdf
- mebank.com.au/support/changes-to-our-adi-licence/
- mebank.com.au/support/making-international-transfers/
- asic.gov.au/about-asic/news-centre/find-a-media-release/2024-releases/24-005mr-me-bank-sentenced-afte
- lei.bloomberg.com/leis/view/549300WFIN7T02UKDG08
- brokerdaily.au/lender/16544-me-bank-hands-back-banking-licence
- en.wikipedia.org/wiki/ME_Bank
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Enforcement
The Federal Court ordered ME Bank to pay AUD 820,000 after it pleaded guilty to criminal charges over false and misleading home loan letters and missing notices.
asic.gov.au ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- MEQBAU3MXXX
- How the BIC breaks down
- MEQBBank
- AUCountry · Australia
- 3MLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300R5W2EP17CW1T58
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Australia · East Asia & Pacific
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- BOQ CENTER FLOOR 3 100 SKYRING TERRACE NEWSTEAD QLD 4006 898 AUSTRALIA
- Operational address
- 100 SKYRING TERRACE FLOOR 28 NEWSTEAD NEWSTEAD 4006 AUSTRALIA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>MEQBAU3MXXX</BICFI>
<LEI>549300R5W2EP17CW1T58</LEI>
</FinInstnId>
Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>MEQBAU3MXXX</BICFI>
<LEI>549300R5W2EP17CW1T58</LEI>
<Nm>BANK OF QUEENSLAND LIMITED</Nm>
<PstlAdr>
<TwnNm>NEWSTEAD</TwnNm>
<Ctry>AU</Ctry>
<AdrLine>BOQ CENTER FLOOR 3 100 SKYRING TERRACE NEWSTEAD QLD 4006 898</AdrLine>
</PstlAdr>
</FinInstnId>
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
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