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Help - Bank Accounts

Help - Bank Accounts

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Old Aug 2nd 2005, 7:27 pm
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Default Help - Bank Accounts

Hi,

Can anyone recommend bank accounts in Oz. I am going out in 4 weeks, can I open a bank account before i go? should I wait until I get out there and what do I need to open one.

Any help appreciated

Derek
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Old Aug 2nd 2005, 7:31 pm
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Default Re: Help - Bank Accounts

Originally Posted by Derek Clarke
Hi,

Can anyone recommend bank accounts in Oz. I am going out in 4 weeks, can I open a bank account before i go? should I wait until I get out there and what do I need to open one.

Any help appreciated

Derek

Hi Derek

I've just filled out the forms from here:-

http://www.migrantbanking.co.uk (Commonwealth Bank, London branch)

You need to download them and them send them off with various forms of ID. I think it states on there that they like the account to be opened 4 weeks prior to departing.

HTH
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Old Aug 2nd 2005, 7:31 pm
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Default Re: Help - Bank Accounts

Originally Posted by Derek Clarke
Hi,

Can anyone recommend bank accounts in Oz. I am going out in 4 weeks, can I open a bank account before i go? should I wait until I get out there and what do I need to open one.

Any help appreciated

Derek
Opening mine with the Commwealth Bank.

http://www.migrantbanking.co.uk

Seem to be as good as any to get us up and running. Opened it from London and they provide a transfer account to deposit funds into.

There are others such as West Pac and ANZ.

I simply filled out the Commonwealth forms, posted em to London and a couple of weeks later had the account opened.

Hope that helps
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Old Aug 2nd 2005, 7:46 pm
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Default Re: Help - Bank Accounts

Me too, I've just received my account number from them and their FX rate is very competitive
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Old Aug 2nd 2005, 7:52 pm
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Default Re: Help - Bank Accounts

Originally Posted by fraser
Me too, I've just received my account number from them and their FX rate is very competitive
All,

Thanks for that , Looks like the best option.

Derek
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Old Aug 2nd 2005, 10:43 pm
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Default Re: Help - Bank Accounts

Originally Posted by Derek Clarke
All,

Thanks for that , Looks like the best option.

Derek




Before you all go signing up with Commonwealth, Please have a little lot at the links below...They show comparisons between a lot of Banks in Australia and may help make your decision.

http://www.infochoice.com.au/banking...ng/default.asp
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Old Aug 2nd 2005, 11:59 pm
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Default Re: Help - Bank Accounts

Here is an older thread titled "Which Bank ?" http://britishexpats.com/forum/showthread.php?t=294716 loads of info
 

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