joh117

If we opened a Commonwealth account in the UK for the transition then closed it on arrival in Oz is there any penalties??

Teliko19

ummmm not as far as I know unless there are any included in that migration package in the small print

joh117

Thanks for that. I don't really want to bank with them as their charges are so huge but it does seem an easy option to be able to easily put money in GBP change to AUS $ when we decide then they transfer the money to Oz.

Out of interest who do you bank with now? I have been looking at westpac's accounts

Jo

Teliko19

I have accounts with ANZ and St George

St George is just a little bank but I always find the people in the branches very friendly. ANZ are very helpful too.

We use our St George multiaccess card (VISA debit) in shops so that we don't pay a fee to use it. If we used the same card for EFTPOS we would have to pay a fee after 12 transactions.

This whole topic is very confusing LOL Let me know if you need any more help or if you would like me to explain it more clearly

joh117

Hi

I am struggling a little with the EFTPOS I thought that was the same as paying by Visa Delta but obviously not. I guess we have to re educate ourselves with the whole aussie banking system. We are so used to writing cheques and drawing money out of ATM's without charge in the UK.

Jo

Anon E Mouse

Have a look at the other thread on bank charges for the wonders of the Oz eftpos system :-)

Teliko19

The whole system confuses me too

With ANZ I just have an EFTPOS card which means I can use it to pay it shops by swiping it and then entering my pin no.

It is possible to do the same with the St George multi access card but with this account I only have 12 free transactions a month and so each EFTPOS trasaction would use one up.

However if I use the card as credit (meaning you have to sign as in UK) then these transactions are always free for some reason.

I just have a savings account (ANZ).. think St George is savings and credit.

joh117

Thanks for that I guess we will figure it all out when we finally get there. OUt of interest where are you in Melbourne. We are heading for the Mornington Penninsula. We have friends there who I am sure will help us through the banking maze!!!!!!

Jo

Teliko19

I live in Southbank opposite Crown Casino Nice happening place for me!

Mornington Peninsula is nice but a bit quiet for me LOL

terryg

U lucky sod - I am sooooooo jealous

Teliko19

hahahaha why?

Where are you headed Terry?

BTW I'm in the chat room bored out of my brain talking to myself in anyone wants to chat

joh117

We enjoyed visiting the crown!!!! The reason for the Peninsula is my hubby is going to play cricket for Flinders and all our mates (through the cricket) live down that way. I will commute into the city for work but I fancy living by the ocean. Not sure which side we have friends in Rosebud on the bay side and friends near Balnarring on the ocean side.

But we have a holiday home they are letting us use in Rosebud until we decide where we want to be.

Wish we were there now. Got a viewing on the house in 10 mins so fingers crossed may get a sale

Jo

Teliko19

One day I would like to try leaving next to the ocean. Last year in this apartment I think cuz going back to UK for a few months over xmas for my 21st and boyfriend is coming as well so no point keeping a lease going if noone is here Next year we would like to move somewhere where we can get a dog because I miss my animals in England!