Has anyone opened up an Australian bank account
#1
Just Joined
Thread Starter
Joined: Oct 2008
Posts: 29
Has anyone opened up an Australian bank account
that you can still access from UK ?
thinking of opening an account to store any "spare" money we have but obviously don't want to lost it if our application fails.
anyone have any advice even if it's to say "don't bother"
thinking of opening an account to store any "spare" money we have but obviously don't want to lost it if our application fails.
anyone have any advice even if it's to say "don't bother"
#2
Forum Regular
Joined: Jul 2008
Location: Woodlands, Singapore
Posts: 214
Re: Has anyone opened up an Australian bank account
Hey, that's a good question, Suet ... unfortunately i have no answer but keen to know whether the same can be done and access from Singapore.
Anyone of you out there knows .... can help ...
Anyone of you out there knows .... can help ...
#3
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Joined: Jun 2008
Location: Sydney, Australia, but home to EU in 2009 for good!
Posts: 514
Re: Has anyone opened up an Australian bank account
#4
Just Joined
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Joined: Oct 2008
Posts: 29
Re: Has anyone opened up an Australian bank account
thank you just phoned them and can be done, but not the usual way they do things, just need to make an appointment to attend offices and verify our details with passport and utility bills.
so that's good news
so that's good news
#5
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Joined: Aug 2008
Location: Gloucestershire
Posts: 2,201
Re: Has anyone opened up an Australian bank account
We aren't moving out for at least a year but just wondered out of interest how long before you move out you are allowed to open an account?
#6
Re: Has anyone opened up an Australian bank account
most banks do online banking but keep in mind they have charges here that you dont get in the UK, some accounts have a standing charge to keep it open that you pay monthly
Australian banks are some of the richest in the world the greedy buggers
Australian banks are some of the richest in the world the greedy buggers
#7
Just Joined
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Joined: Oct 2008
Posts: 29
Re: Has anyone opened up an Australian bank account
well as I said we have only just started visa application, haven't even lodged any documentation with anyone yet OH has to do an RPL. just thinking it would be a good move now as you're getting more for your sterling money and thought as we had some spare money putting it into Aus $ might be a good move, and means we can pay DIAC from there knowing we had the Aus $ amount rather than worrying about the increasing £ and getting less later on from it.
does that make sense ?
does that make sense ?
#8
Just Joined
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Joined: Oct 2008
Posts: 29
Re: Has anyone opened up an Australian bank account
well need to make an appointment as I said previously, so can ask them on the phone about any charges so thanks for that
#9
Forum Regular
Joined: Jul 2008
Location: Woodlands, Singapore
Posts: 214
Re: Has anyone opened up an Australian bank account
Hey, thanks i try to ring those Australia Banks in Singapore to confirm whether such a facility is available here.
#10
Beach Bum
Joined: Jun 2006
Location: living it large on the beautiful Mornington Penninsula
Posts: 1,183
Re: Has anyone opened up an Australian bank account
opened an account with NAB in october 07 online went on holiday to Au in december 07 (while still waiting on my visa) and did all the security stuff at the bank and I fly to Aus permanently on the 18th of this month so had my account for over a year before moving
#12
Re: Has anyone opened up an Australian bank account
I opened up accounts with Westpac from London. Had to go into their offices to be 'sighted' along with passport (and a utility bill if memory serves but I can't be sure any more).
Since I was referred to Westpac by HiFX (was initially looking into transferring money to Oz but got side-tracked), they waved the monthly maintenance fee for the first 6 months (there's no fee after 6 months).
I ended up with 2 bank accounts - checking & savings. Savings account has a good interest rate and I can move money within Oz pretty much freely.
Haven't looked into moving money to/from the UK yet but I was planning on using HiFX for this when the time comes.
- CDM
Since I was referred to Westpac by HiFX (was initially looking into transferring money to Oz but got side-tracked), they waved the monthly maintenance fee for the first 6 months (there's no fee after 6 months).
I ended up with 2 bank accounts - checking & savings. Savings account has a good interest rate and I can move money within Oz pretty much freely.
Haven't looked into moving money to/from the UK yet but I was planning on using HiFX for this when the time comes.
- CDM
#13
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Joined: Aug 2008
Location: Gloucestershire
Posts: 2,201
Re: Has anyone opened up an Australian bank account
[QUOTE=CDM;6961953]I opened up accounts with Westpac from London. Had to go into their offices to be 'sighted' along with passport (and a utility bill if memory serves but I can't be sure any more).
Just wondering if you have to go to London or are there any around the country?
Just wondering if you have to go to London or are there any around the country?
#14
Re: Has anyone opened up an Australian bank account
[QUOTE=Lorrielou;6962294]
I don't know to be honest. I went into their London branch because it was convenient to me as I work[ed] in London.
- CDM
- CDM
#15
Re: Has anyone opened up an Australian bank account
In my(opinion)dont use Commonwealth net bank if you are still in
uk ,thay tend to take ages to resolve any problems you may have,
a friend was charged none resident tax for having a cockney
accent even as he is a au resident and has a tfn,thay did resolve the problem but took weeks you want it to go smooth when your life savings are on the line.