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Australian Banks

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Old May 8th 2008, 3:33 pm
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Default Australian Banks

Hello EveryOne,

Quick question:

Are there any Australian Banks having branches in USA?
Or
Are there any American Banks having branches in Australia?

If yes, would you be kind enough to give me more details about them?

Thanks
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Old May 8th 2008, 11:56 pm
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Default Re: Australian Banks

Bank of America have an office in Sydney but I believe they only offer commercial (not consumer) services. They don't have a branch network.

I don't know of any other American banks in Australia.
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Old May 9th 2008, 12:10 am
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Default Re: Australian Banks

Originally Posted by migratemi
Are there any American Banks having branches in Australia?
Citibank....not many branches though!

http://www.citibank.com.au/AUGCB/APP...htm&tabId=Home
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Old May 9th 2008, 1:33 am
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Default Re: Australian Banks

At a guess I'd say HSBC probably do banking in America too...

Best to steer well clear of the 'Australian' banks anywhere they're all con merchants who try and charge you money every time you even start *thinking* about money!
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Old May 9th 2008, 6:25 am
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Default Re: Australian Banks

Originally Posted by migratemi
Hello EveryOne,

Quick question:

Are there any Australian Banks having branches in USA?
Or
Are there any American Banks having branches in Australia?

If yes, would you be kind enough to give me more details about them?

Thanks
NAB has recently completed (or will be completing it shortly) a purchase of a US bank - Great Western
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Old May 9th 2008, 8:20 am
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Default Re: Australian Banks

Originally Posted by DadAgain
At a guess I'd say HSBC probably do banking in America too...
They do.

We have an account with them and they are fine for our needs. I recommend them.

Free checking account too as long as you make one transaction every 3 months or free if you are a Premier client.
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Old May 9th 2008, 8:27 am
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Default Re: Australian Banks

Originally Posted by bcworld
Citibank....not many branches though!
No disrespect intended but I just don't understand peoples obsession with a branch network. We have used direct banking since 1991 with First Direct (in the UK) and never had any problems. With the Internet direct banking has got even better.

Remember, you pay for the branch network indirectly through poor performing products and high fees on services.

Last edited by cranston; May 9th 2008 at 8:29 am.
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Old May 9th 2008, 10:00 am
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Default Re: Australian Banks

Originally Posted by cranston
No disrespect intended but I just don't understand peoples obsession with a branch network. We have used direct banking since 1991 with First Direct (in the UK) and never had any problems. With the Internet direct banking has got even better.

Remember, you pay for the branch network indirectly through poor performing products and high fees on services.

I agree with this. A lot of people on here appear to place a great deal of importance on branch networks. Maybe they go in for a cup of tea each week?

I have banked here with both HSBC and Citibank, and have only been to the actual bank once, only to be told that I could have arranged it online. To be honest, I try to go to the bank as little as possible, and most over the counter transactions are available at Australia Post.


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