Larraine H Posted June 15, 2016 Report Share Posted June 15, 2016 Just after some advice. I live in Perth and am a citizen. Been here from UK since 2006. My son is 29 and is looking at coming over for a year on a working holiday visa later this year. It says he must have access to at least $5000au does this have to be in his own bank acct or can me or his father give him access to funds here in Oz and supply him with a certified bank statement from here in Oz? if anyone can help I'd be grateful...thanks Quote Link to comment Share on other sites More sharing options...
ali Posted June 15, 2016 Report Share Posted June 15, 2016 I though it had to be in their account Quote Link to comment Share on other sites More sharing options...
verystormy Posted June 15, 2016 Report Share Posted June 15, 2016 They are pretty lenient in these circumstances as they are more worried about young people arriving and getting into trouble while in a new country on their own. Quote Link to comment Share on other sites More sharing options...
flatpack Posted June 15, 2016 Report Share Posted June 15, 2016 Lend it to him, get him to print a bank statement out. Then he gives it back to you. Quote Link to comment Share on other sites More sharing options...
Larraine H Posted June 16, 2016 Author Report Share Posted June 16, 2016 I had already thought of that but he doesn't actually have a bank account and it's such a pain transferring money to and fro Quote Link to comment Share on other sites More sharing options...
ricco56 Posted June 17, 2016 Report Share Posted June 17, 2016 (edited) The guidelines for WHV (subclass 417) discuss a number of ways how the applicant can demonstrate sufficient funds under the "Money for personal support" requirement. These include bank passbooks bank account statements and/or credit card statements (on a bank or financial institution letterhead) letters from banks or other financial institutions (which should be on the bank or financial institution's letterhead, dated and signed) and/or written confirmation by a third party and documents to show that the third party has sufficient funds by providing bank account statement/passbooks. Therefore if he doesn't already have a bank account then the best option would be the highlighted option above with you (or his father) as the third party providing support from your own funds. It may be advisable for your son to arrange for an Australian bank account before he arrives so that any salary that he earns can be paid to that account. Most banks provide free (or low cost) transaction accounts for this sort of purpose. Part of the advantage of the 417 visa is that it can be used as a vehicle for personal growth and obtaining new skills. I would suggest that managing one's own finances through a bank account is an essential skill which should be encouraged. Edited June 17, 2016 by ricco56 Quote Link to comment Share on other sites More sharing options...
Larraine H Posted June 19, 2016 Author Report Share Posted June 19, 2016 Thanks for that He does manage his own funds in the Uk he as lived alone for the past 10 years over there but yes you are right he will need to open an account here in order to be paid. Your reply is very much appreciated...thanks Quote Link to comment Share on other sites More sharing options...
Shaz Posted June 19, 2016 Report Share Posted June 19, 2016 Just a suggestion from my personal experience. HSBC is one bank which allows you to open account in UK and Aus. I opened an account in UK from Perth so I can imagine it will be the same from there too. Quote Link to comment Share on other sites More sharing options...
verystormy Posted June 20, 2016 Report Share Posted June 20, 2016 All of the major banks will open an account for him while he is in the UK. If you look on our big site - Poms in Oz - you can chat to NAB about it and get it opened. Quote Link to comment Share on other sites More sharing options...
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