Bank Accounts
Dec 16th 2007, 8:24 pm
#1
Just Joined
Thread Starter
Joined: Aug 2006
Posts: 25
Bank Accounts
hi Everyone
Can any one give me advice on bank accounts? Can we open an account with a new Zealand bank from the UK?
How did you transfer money?
Any advice appreciated?
thanks alot
Kind Regards
Donna
Can any one give me advice on bank accounts? Can we open an account with a new Zealand bank from the UK?
How did you transfer money?
Any advice appreciated?
thanks alot
Kind Regards
Donna
Dec 16th 2007, 8:41 pm
#2
Forum Regular
Joined: Feb 2006
Location: Methven, NZ
Posts: 82
Re: Bank Accounts
Yes several of the banks can be opened from the UK.
We opened a ASB account, they have a London office which you send application form and ID to, took about 7-10 days. We then transferred money into that London account and they would either transfer to NZ straight away or wait til you wanted it transferred.
Once you arrive in NZ you go to the local branch with ID to activate the account here.
Was very simple and convenient. Some of the banks restrict how much money you can transfer in total and each time if its under £15k there are usually charges.
Judy
Dec 16th 2007, 8:42 pm
#3
TeamEmbo
Joined: Jan 2007
Location: Rangiora
Posts: 1,557
Re: Bank Accounts
Yes you can open a bank account from the UK. We did. Just needed to go in and show passports as proof of id when we got here.
You can't transfer money direct from a UK bank account to your NZ account though like internet banking. You have to either pay to transfer with your UK bank or transfer it via OzForex or HiFx or similar.
Seem to recall we set up bank account over internet and initially faxed over copies of id etc. (we also set up a PO Box for mail to be forwarded over the internet and with faxed id).
Hope this helps.
You can't transfer money direct from a UK bank account to your NZ account though like internet banking. You have to either pay to transfer with your UK bank or transfer it via OzForex or HiFx or similar.
Seem to recall we set up bank account over internet and initially faxed over copies of id etc. (we also set up a PO Box for mail to be forwarded over the internet and with faxed id).
Hope this helps.
Dec 17th 2007, 1:45 am
#4
Forum Regular
Joined: Dec 2007
Posts: 54
Re: Bank Accounts
Yes you can open a bank account from the UK. We did. Just needed to go in and show passports as proof of id when we got here.
You can't transfer money direct from a UK bank account to your NZ account though like internet banking. You have to either pay to transfer with your UK bank or transfer it via OzForex or HiFx or similar.
Seem to recall we set up bank account over internet and initially faxed over copies of id etc. (we also set up a PO Box for mail to be forwarded over the internet and with faxed id).
Hope this helps.
You can't transfer money direct from a UK bank account to your NZ account though like internet banking. You have to either pay to transfer with your UK bank or transfer it via OzForex or HiFx or similar.
Seem to recall we set up bank account over internet and initially faxed over copies of id etc. (we also set up a PO Box for mail to be forwarded over the internet and with faxed id).
Hope this helps.
Be aware that ANZ only offer a visa if you take a credit card, not like visa debit/switch like in the uk. Still good bank, just annoying if u want to pay for things in the on internet on internet or over phone. Think Westpac offer visa debit
If u dont mind about visa debit, anz are fine.
Cheers
ScottishN
Dec 17th 2007, 2:10 am
#5
BE Forum Addict
Joined: Nov 2006
Location: Whitby Wellington
Posts: 2,440
Re: Bank Accounts
Kiwibank do it and don't care what your migration status is!
Dec 17th 2007, 9:24 am
#6
BE Enthusiast
Joined: Sep 2003
Location: Brisbane
Posts: 977
Re: Bank Accounts
We did it with National Bank New Zealand. Westpac and ASB offer it as well i believe.
Look on the websites and see which bank you prefer. They open a bank account for you and you transfer money into it electronically, you can use your UK bank to do this or presumably something like HiFX.
Pretty easy really, once you arrive in NZ you have to show your passports at the bank in person, and then you get your ATM card there and then.
Dec 17th 2007, 3:12 pm
#7
Just Joined
Thread Starter
Joined: Aug 2006
Posts: 25
Re: Bank Accounts
thanks guys that is really useful i will start looking into it
