Can we open any bank account in Australia before migrating from US?
#1
Forum Regular
Thread Starter
Joined: Apr 2010
Posts: 44
Can we open any bank account in Australia before migrating from US?
Hello,
Can any one please pass on the information if we could open any bank account in any of the banks before landing in AUS from US?
Thanks in Advance!!
KAR
Can any one please pass on the information if we could open any bank account in any of the banks before landing in AUS from US?
Thanks in Advance!!
KAR
#2
Re: Can we open any bank account in Australia before migrating from US?
Yes you can. National Australia Bank has a great service and with low to no account fees its worth while starting with them initially. They are not just for UK migrants.
http://www.nab.com.au/wps/wcm/connec..._Finance/15/23
http://www.nab.com.au/wps/wcm/connec..._Finance/15/23
#3
Forum Regular
Thread Starter
Joined: Apr 2010
Posts: 44
Re: Can we open any bank account in Australia before migrating from US?
Yes you can. National Australia Bank has a great service and with low to no account fees its worth while starting with them initially. They are not just for UK migrants.
http://www.nab.com.au/wps/wcm/connec..._Finance/15/23
http://www.nab.com.au/wps/wcm/connec..._Finance/15/23
#4
Forum Regular
Joined: Mar 2008
Posts: 144
Re: Can we open any bank account in Australia before migrating from US?
We opened accounts with Westpac before arriving in Oz. Choose them as they had low costs and a good interest rate on the savings which was important to us.
The customer service from them has been excellent. Lets hope that is the case when we get to Oz!
The customer service from them has been excellent. Lets hope that is the case when we get to Oz!
#5
Re: Can we open any bank account in Australia before migrating from US?
Well, I have also sent a request to CommonWealth bank a week ago and to my surprise they called on my mobile the day after. The lady was really nice and explained everything to me.
In a nut shell, she told me 3 weeks before, I'll send the online application again, then in a few days they will open the account. They'll send me the details and I'll be able to transfer the money.
Please note that you wont be able to touch that money once transfered until you arrive in OZ, go to the bank and sign some papers.
So, guys, which bank you think offers the best overall rates/service etc? I heard CommonWealth are the biggest, but their rates are not that good....
Thanks
B1K3R
In a nut shell, she told me 3 weeks before, I'll send the online application again, then in a few days they will open the account. They'll send me the details and I'll be able to transfer the money.
Please note that you wont be able to touch that money once transfered until you arrive in OZ, go to the bank and sign some papers.
So, guys, which bank you think offers the best overall rates/service etc? I heard CommonWealth are the biggest, but their rates are not that good....
Thanks
B1K3R
#6
Beach Bum
Joined: Jun 2006
Location: living it large on the beautiful Mornington Penninsula
Posts: 1,183
Re: Can we open any bank account in Australia before migrating from US?
Yes you can. National Australia Bank has a great service and with low to no account fees its worth while starting with them initially. They are not just for UK migrants.
http://www.nab.com.au/wps/wcm/connec..._Finance/15/23
http://www.nab.com.au/wps/wcm/connec..._Finance/15/23
#7
Forum Regular
Joined: Mar 2008
Posts: 144
Re: Can we open any bank account in Australia before migrating from US?
Westpac have a process whereby it is possible to complete the security checks before arriving in Australia and the account is then fully operational. This was hugely helpful for us as we did not have to wait until 3 weeks before leaving and have been sending money over gradually over the last few months optimising exchange rate fluctulations. We are due to leave in 4 weeks and have also been able to use the account already to pay for our temp accommodation etc. As said before their service has been excellent.