Australia · Financial institution

Bank of Queensland 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.

BICMEQBAU3MXXX LEI549300R5W2EP17CW1T58 Licence no.Not on a tracked register Merged or acquired Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under MEQBAU3M directly. Head-office BIC only Claim this profile

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
  1. apra.gov.au/news-and-publications/apra-revokes-members-equity-bank-limiteds-banking-licence
  2. abr.business.gov.au/ABN/View/56070887679
  3. boq.com.au/about-us/media-centre/media-releases/2021/2021-07-01me
  4. announcements.asx.com.au/asxpdf/20220228/pdf/456jm4q47xhgbj.pdf
  5. mebank.com.au/support/changes-to-our-adi-licence/
  6. mebank.com.au/support/making-international-transfers/
  7. asic.gov.au/about-asic/news-centre/find-a-media-release/2024-releases/24-005mr-me-bank-sentenced-afte
  8. lei.bloomberg.com/leis/view/549300WFIN7T02UKDG08
  9. brokerdaily.au/lender/16544-me-bank-hands-back-banking-licence
  10. en.wikipedia.org/wiki/ME_Bank

Recent events 1 enforcement or investigation item

Researched 29 Sep 2026 · Sources

  1. 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
  1. MEQBBank
  2. AUCountry · Australia
  3. 3MLocation
  4. 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.

Claim this profile

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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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