keeping a UK bank account open
#1
Forum Regular
Thread Starter
Joined: Jun 2005
Posts: 43
keeping a UK bank account open
Hi,
Just wondering if you have kept a UK bank account open, have you changed your address to OZ if so do they mind if not what have you done for your address?
DC
Just wondering if you have kept a UK bank account open, have you changed your address to OZ if so do they mind if not what have you done for your address?
DC
#2
Rocket Man
Joined: Jan 2004
Location: Melbourne
Posts: 36
Re: keeping a UK bank account open
I have a lloydstsb account 4 years after emigrating.
they are happy to mail statements to aus, but recently I choose the option of no statements and being able to view them using on line banking.
Banks have no problems with sending statements abroad.
Great for UK rellies to put in Xmas money etc for Gran kids
they are happy to mail statements to aus, but recently I choose the option of no statements and being able to view them using on line banking.
Banks have no problems with sending statements abroad.
Great for UK rellies to put in Xmas money etc for Gran kids
#3
Re: keeping a UK bank account open
we have kept our UK bank account open, and addresses are registered as Oz.
Never been a hassle (well except when I am in UK and have forgotten my PIN!!!)
We even get gross interest on our accounts by completing non-resident forms...
Never been a hassle (well except when I am in UK and have forgotten my PIN!!!)
We even get gross interest on our accounts by completing non-resident forms...
#4
BE Enthusiast
Joined: Aug 2003
Posts: 795
Re: keeping a UK bank account open
Its Pam, I kept my account open at my old address and have had the post forwarded by royal mail. Its becoming a pain now though as the forwarding ends soon and they won't allow me to change my address to an OZ one, so am now about to change my address to my parents so they can forward statements etc to me. Am hoping to be able to close the account sometime this year so I can get the UK tax office off my back too. (Oh yes, you have to fill in flippin UK tax returns for as long as you have a UK bank account)
#5
Re: keeping a UK bank account open
Hi,
I still have HSBC and use their internet banking which has been great. Its helpful to send money in both directions etc. They have my mums address, so haven't advised them of move.
Tracey
I still have HSBC and use their internet banking which has been great. Its helpful to send money in both directions etc. They have my mums address, so haven't advised them of move.
Tracey
#6
Joined: Mar 2005
Posts: 2,027
Re: keeping a UK bank account open
We are with St James Bank and whilst they allow you to change your address to Australia you then cannot view your accounts online for security reasons! We have used the Inlaws address in the UK for statements etc.
#7
Joined: Jan 2003
Posts: 13,233
Re: keeping a UK bank account open
Originally Posted by Ozzy dog
Hi,
I still have HSBC and use their internet banking which has been great. Its helpful to send money in both directions etc. They have my mums address, so haven't advised them of move.
Tracey
I still have HSBC and use their internet banking which has been great. Its helpful to send money in both directions etc. They have my mums address, so haven't advised them of move.
Tracey
#8
Re: keeping a UK bank account open
Originally Posted by gedge
Same here. Left HSBC accounts open and using MIL's address which helps for somewhere to get new cards sent. Cancelled statements and just use online options. Great to be able to use for holidays. Push money across with Tranzfers, easy as 123.
Although I'd like to know more about Tranzfers - didn't come accross them when I was looking for a way to move money over the pond, and had to put it onto credit card here, then take it off over there.
#9
Joined: Jan 2003
Posts: 13,233
Re: keeping a UK bank account open
Originally Posted by thribble
We have both Alliance and Leicester and HSBC accounts. Address is my parents, although we haven't tried to make it an Oz one. The rent from our house goes into the A&L, and the mortgage and insurance comes out - nice and easy. Internet banking's great! Plus we can use it for when we're over there.
Although I'd like to know more about Tranzfers - didn't come accross them when I was looking for a way to move money over the pond, and had to put it onto credit card here, then take it off over there.
Although I'd like to know more about Tranzfers - didn't come accross them when I was looking for a way to move money over the pond, and had to put it onto credit card here, then take it off over there.
Sign up at http://tranzfers.com/ or you could use me as a referrer and I get a bonus point (gedge refers).
You set up your from and to account details, then specify how much you want to transfer and when. Then send them the money and within a few days the deal is done. It is really simple. Costs £7 from the UK or $15 from Oz, flat rate no more to pay.
I'm not sure but you may get a better rate if it's a large amount by using another company like Ozforex or Hifx.
#10
Re: keeping a UK bank account open
We have kept our First Direct accounts open and they have our Aus address. No problem. We asked for no statements and still move money via the net. We have transferred two lots of money from there to here so far and used FD each time, they gave us just as good a rate if not better than the major forex players.
To make big transfers we do have to phone them but have a cheapo card so that doesn't matter and they gave us a special id to quote each time.
To make big transfers we do have to phone them but have a cheapo card so that doesn't matter and they gave us a special id to quote each time.
#11
Re: keeping a UK bank account open
Barclays and Nationwide each send statements to me in Oz. Cahoot wouldn't - so no Cahoot account now!
#12
Victorian Evangelist
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Re: keeping a UK bank account open
Do any of these banks make any extra charges for sending statements overseas etc?
Cheers
Buzzy
Cheers
Buzzy
#13
Re: keeping a UK bank account open
Nationwide allow you to have an Oz address at no extra cost, you just need to set the account up with a UK one and then you can change it.
You can also withdraw cash in Oz ATM's for no charge
You can also withdraw cash in Oz ATM's for no charge
#14
Re: keeping a UK bank account open
Originally Posted by Buzzy--Bee
Do any of these banks make any extra charges for sending statements overseas etc?
Cheers
Buzzy
Cheers
Buzzy
I should imagine that Barclays is quite happy - I keep a chunk in their current account paying nothing in interest just for the convenience of being able to buy the odd thing or two.
#15
Forum Regular
Thread Starter
Joined: Jun 2005
Posts: 43
Re: keeping a UK bank account open
Originally Posted by Wol
Nope!
I should imagine that Barclays is quite happy - I keep a chunk in their current account paying nothing in interest just for the convenience of being able to buy the odd thing or two.
I should imagine that Barclays is quite happy - I keep a chunk in their current account paying nothing in interest just for the convenience of being able to buy the odd thing or two.
Thanks all,
DC