which bank
Nov 12th 2005, 9:16 am
#1
Guest
Posts: n/a
which bank
help !!!!!!!!!!!! which bank has anyone got any info good and bad on the commonwealth bank and westpac .........not sure which one to use 
Nov 12th 2005, 9:34 am
#2
Joined: Jan 2005
Location: Asia Pacific
Posts: 4,922
Re: which bank
Originally Posted by kerrie/wayne
help !!!!!!!!!!!! which bank has anyone got any info good and bad on the commonwealth bank and westpac .........not sure which one to use
Not sure about Westpac as never used them.
Nov 12th 2005, 10:05 am
#3
.
Joined: Nov 2004
Posts: 21,374
Re: which bank
Originally Posted by kerrie/wayne
help !!!!!!!!!!!! which bank has anyone got any info good and bad on the commonwealth bank and westpac .........not sure which one to use
Nov 12th 2005, 10:07 am
#4
Lost in BE Cyberspace
Joined: Mar 2003
Posts: 9,397
Re: which bank
A lot of us have ING and HSBC accounts.
ING pay around 5% on their online accounts for instant access deposits; these are linked to another account (eg. HSBC) for withdrawals. Transfers happen overnight.
HSBC online banking doesn't have any charges normally, and they also pay around 5% on their online account if you keep over $2k in it, otherwise it's next to nothing. You get cash out from ATMs or cashback when you get the groceries; you never really need to visit a branch which is as well as they don't have many! But that's really no problem.
Think UK banking in the sixties and you'll have a good idea of what it's like: the new players are beginning to shake 'em up but it will be a long, drawn-out fight!
ING pay around 5% on their online accounts for instant access deposits; these are linked to another account (eg. HSBC) for withdrawals. Transfers happen overnight.
HSBC online banking doesn't have any charges normally, and they also pay around 5% on their online account if you keep over $2k in it, otherwise it's next to nothing. You get cash out from ATMs or cashback when you get the groceries; you never really need to visit a branch which is as well as they don't have many! But that's really no problem.
Think UK banking in the sixties and you'll have a good idea of what it's like: the new players are beginning to shake 'em up but it will be a long, drawn-out fight!
Nov 12th 2005, 10:57 am
#5
Joined: Oct 2005
Posts: 9,066
Re: which bank
Couldn't open HSBC from UK unless already a member of HSBC in UK so forced to go with Commonwealth initially but have now closed for the reason already given they charge for everything even the pleasure of having the account which is 5$ a month and they put limits on all sorts ie. 3 free ATM's per month then charge.
Should go back to paying us all cash and stuffing it in the mattress.
Should go back to paying us all cash and stuffing it in the mattress.
Nov 12th 2005, 11:03 am
#6
What's happening dudes?
Joined: Mar 2004
Location: Bayside Brisbane
Posts: 20,647
Re: which bank
ANZ. Opened the account from the UK by printing forms from their web site and posting them. Whole thing took about three weeks, which aint bad considering it would have taken two weeks in transit 
Been very helpful to us since then, always making staff available if we've had a query. And for $5 a month, unlimited EFTPOS and ATM withdrawals from ANZ machines.
Couldn't fault them.
Been very helpful to us since then, always making staff available if we've had a query. And for $5 a month, unlimited EFTPOS and ATM withdrawals from ANZ machines.
Couldn't fault them.
Nov 12th 2005, 11:23 am
#7
BE Enthusiast
Joined: Mar 2005
Location: Gold Coast QLD
Posts: 551
Re: which bank
Originally Posted by kerrie/wayne
help !!!!!!!!!!!! which bank has anyone got any info good and bad on the commonwealth bank and westpac .........not sure which one to use
We opened a Westpac account in the UK and have had a really good service in all respects from them here in Qld.
Nov 12th 2005, 11:32 am
#8
Forum Regular
Joined: Aug 2004
Location: wolverhampton
Posts: 71
Re: which bank
Rog
Are both bank accounts opened in Oz or in the UK?
I have checked the net and both have web sites in Oz and UK.
Thanks
Cam
Are both bank accounts opened in Oz or in the UK?
I have checked the net and both have web sites in Oz and UK.
Thanks
Cam
Originally Posted by Rog Williams
A lot of us have ING and HSBC accounts.
ING pay around 5% on their online accounts for instant access deposits; these are linked to another account (eg. HSBC) for withdrawals. Transfers happen overnight.
HSBC online banking doesn't have any charges normally, and they also pay around 5% on their online account if you keep over $2k in it, otherwise it's next to nothing. You get cash out from ATMs or cashback when you get the groceries; you never really need to visit a branch which is as well as they don't have many! But that's really no problem.
Think UK banking in the sixties and you'll have a good idea of what it's like: the new players are beginning to shake 'em up but it will be a long, drawn-out fight!
ING pay around 5% on their online accounts for instant access deposits; these are linked to another account (eg. HSBC) for withdrawals. Transfers happen overnight.
HSBC online banking doesn't have any charges normally, and they also pay around 5% on their online account if you keep over $2k in it, otherwise it's next to nothing. You get cash out from ATMs or cashback when you get the groceries; you never really need to visit a branch which is as well as they don't have many! But that's really no problem.
Think UK banking in the sixties and you'll have a good idea of what it's like: the new players are beginning to shake 'em up but it will be a long, drawn-out fight!
Nov 12th 2005, 12:17 pm
#9
Joined: Jul 2005
Posts: 1,487
Re: which bank
Originally Posted by cammym
Rog
Are both bank accounts opened in Oz or in the UK?
I have checked the net and both have web sites in Oz and UK.
Thanks
Cam
Are both bank accounts opened in Oz or in the UK?
I have checked the net and both have web sites in Oz and UK.
Thanks
Cam
HSBC.
I used to work for NAB, and they were great employers, but an utterly customer screwing bank.
Hence I use HSBC. Great for everything.
Nov 12th 2005, 12:56 pm
#10
Forum Regular
Joined: Jul 2004
Location: hertford
Posts: 149
Re: which bank
Originally Posted by A dogs life
HSBC.
I used to work for NAB, and they were great employers, but an utterly customer screwing bank.
Hence I use HSBC. Great for everything.
I used to work for NAB, and they were great employers, but an utterly customer screwing bank.
Hence I use HSBC. Great for everything.
Hi everyone
could someone please enlighten me on this subject of banking
last year i went to expo aus and spoke to a commenwealth bank promoter she said when you initially transfer money you get a better rate (think its called a commercial rate) because you are emigrating do all banks do this.
our visa papers are in at the mo so need to start looking at banks for best rate I am with the halifax is there a best one to go to as there seem to be so many though by what i have heard i will avoid the commonwealth bank
many thanks
sue
Nov 12th 2005, 12:58 pm
#11
What's happening dudes?
Joined: Mar 2004
Location: Bayside Brisbane
Posts: 20,647
Re: which bank
Originally Posted by sue and mick
Hi everyone
could someone please enlighten me on this subject of banking
last year i went to expo aus and spoke to a commenwealth bank promoter she said when you initially transfer money you get a better rate (think its called a commercial rate) because you are emigrating do all banks do this.
our visa papers are in at the mo so need to start looking at banks for best rate I am with the halifax is there a best one to go to as there seem to be so many though by what i have heard i will avoid the commonwealth bank
many thanks
sue
could someone please enlighten me on this subject of banking
last year i went to expo aus and spoke to a commenwealth bank promoter she said when you initially transfer money you get a better rate (think its called a commercial rate) because you are emigrating do all banks do this.
our visa papers are in at the mo so need to start looking at banks for best rate I am with the halifax is there a best one to go to as there seem to be so many though by what i have heard i will avoid the commonwealth bank
many thanks
sue
Nov 12th 2005, 2:16 pm
#12
When?? We ask ourselves!!
Joined: Mar 2005
Posts: 329
Re: which bank
Originally Posted by wmoore
ANZ. Opened the account from the UK by printing forms from their web site and posting them. Whole thing took about three weeks, which aint bad considering it would have taken two weeks in transit
Been very helpful to us since then, always making staff available if we've had a query. And for $5 a month, unlimited EFTPOS and ATM withdrawals from ANZ machines.
Couldn't fault them.
Been very helpful to us since then, always making staff available if we've had a query. And for $5 a month, unlimited EFTPOS and ATM withdrawals from ANZ machines.
Couldn't fault them.
Jayne
Nov 12th 2005, 8:31 pm
#13
Joined: Oct 2005
Posts: 9,066
Re: which bank
HSBC won't let you open in UK unless you are already a member of their UK bank.
Commonwealth gave crap exchange rate constantly changing to do with how much money you have then they would send you email saying rate is what ever then when you rang to change tell you something completely different.
You could try Moneycorp you can open ready to transfer in UK and get better service I think from people who have used them but I didn't much to my regret.
Commonwealth gave crap exchange rate constantly changing to do with how much money you have then they would send you email saying rate is what ever then when you rang to change tell you something completely different.
You could try Moneycorp you can open ready to transfer in UK and get better service I think from people who have used them but I didn't much to my regret.
Nov 12th 2005, 9:05 pm
#14
Account Closed
Joined: Jan 2003
Posts: 759
Re: which bank
[QUOTE=annqldau]HSBC won't let you open in UK unless you are already a member of their UK bank.
QUOTE]
Not sure if that's right - we've opened an HSBC account in Aus and don't have one here (although I do have a First Direct account). Did you speak to an HSBC Branch or to their International Banking Section in London? From what I can recall, it doesn't ask anywhere in the Aus HSBC application forms whether you have an HSBC a/c in the UK.
QUOTE]
Not sure if that's right - we've opened an HSBC account in Aus and don't have one here (although I do have a First Direct account). Did you speak to an HSBC Branch or to their International Banking Section in London? From what I can recall, it doesn't ask anywhere in the Aus HSBC application forms whether you have an HSBC a/c in the UK.
Nov 12th 2005, 9:10 pm
#15
Joined: Oct 2005
Posts: 9,066
Re: which bank
Anyone can open HSBC once in Aus... just go to bank with usual proof of identity etc. and for best account $2,000 but they may be willing to lower that a little.
Beware normal debit card only gives you 500$ each to take out at machines/checkout per day each if joint.
If you may want more need to ask for visa debit card as well which is free but unlimited with signature.
People in UK can open account to use in Aus from there if they already bank with the bank rest of us have to wait till we get here...
.
just go to bank with usual proof of identity etc. and for best account $2,000 but they may be willing to lower that a little.Beware normal debit card only gives you 500$ each to take out at machines/checkout per day each if joint.
If you may want more need to ask for visa debit card as well which is free but unlimited with signature.
People in UK can open account to use in Aus from there if they already bank with the bank rest of us have to wait till we get here...
.