Can you open an NZ bank account from the UK with an overdraft already in place?
Jun 27th 2012, 7:24 pm
#1
Just Joined
Thread Starter
Joined: Feb 2012
Posts: 23
Can you open an NZ bank account from the UK with an overdraft already in place?
Does anyone know if you can open a bank account from the uk with an overdraft limit in place for when you arrive?
Andy
Andy
Jun 28th 2012, 12:11 am
#2
It is what it is Member
Joined: Feb 2010
Location: Blockhouse Bay, Auckland
Posts: 2,797
Re: banking queries..
If I was a bank I wouldn't. You are normally limited to 2 deposits and zero withdrawals until you validate the account with physical presence and id in NZ.
Jul 6th 2012, 1:33 am
#3
`
Joined: Oct 2003
Posts: 38,613
Re: Can you open an NZ bank account from the UK with an overdraft already in place?
Hi there. I've split this out from the mortgage thread it was in so the subject isn't buried.
Jul 6th 2012, 2:04 am
#4
.
Joined: Jun 2010
Location: Peterborough, Cambridgeshire
Posts: 2,744
Re: Can you open an NZ bank account from the UK with an overdraft already in place?
The bank would probably want to be able to assess your credit worthiness before extending you a line of credit such as an over draft. The bank would probably want to see, 'the colour of your money' before loaning you theirs !
Jul 6th 2012, 2:16 am
#5
Joined: May 2005
Location: Abu Dhabi
Posts: 962
Re: Can you open an NZ bank account from the UK with an overdraft already in place?
we arranged over the phone as much as we could, then on day 1 went to the bank to sign everything, however I think it was another pay packet or 2 later before they'd agree to any kind of overdraft
Jul 6th 2012, 2:21 am
#6
BE Enthusiast
Joined: Apr 2012
Location: Auckland
Posts: 536
Re: Can you open an NZ bank account from the UK with an overdraft already in place?
ummmmmmmmmmmmmmmmm its probably none of my business, but are you planning on emigrating to a new country and requiring the use of an overdraft as soon as you get there?
