Jump to content
pegg

open new account from UK

Recommended Posts

Hi, 

So when we where in Oz we banked with nab and jeez never again ! So back in blighty and tried to open account with westpac - But having real start up problems and know one seems to respond to emails ! We only want to put cash in !

So yep can anyone recommend a ozzy bank that we can liaise with and get it topped up before we get out there ? 

cheers guys 

Share this post


Link to post
Share on other sites

Ahh , also spotted that alot of banks are activated 3 months before arrival . So i may have to wait awhile.

Share this post


Link to post
Share on other sites

Sorry Pegg I can't help you as banking things have changed so much since my  migration journey 30 years ago.   Hopefully others will come along with recommendations or idea.

  • Like 1

Share this post


Link to post
Share on other sites

12 years ago for us but Westpac was very easy at that time.  What about commonwealth?

  • Like 1

Share this post


Link to post
Share on other sites

yes where thinking Commonwealth , just need to open 3 months before get out there. It was just we where thinking of keeping adding funds ...... We might even reactivate our nab account if need to i suppose .

Share this post


Link to post
Share on other sites

Commonwealth is really good.  We set up ours from the UK years ago before we came over and transferred funds as we wanted.  Their online banking is really good, so easy to use, we have all our accounts with them, easy to transfer between accounts and to our UK bank if we need to. We started off in Melbourne, we let the bank know when we were arriving and they had the cards waiting for us at one of the CBD branches

 

  • Like 1

Share this post


Link to post
Share on other sites

NAB 6 years ago: you can open the account and deposit as much as you want (no time limits). But to withdraw money, you first have to physically go to a branch.

 

Edit: oops just reread your post. Why don't you just put your money with NAB and then go with a different bank account when you are here? They can't be THAT bad to just have some money parked there for a short while till you are here?

  • Like 1

Share this post


Link to post
Share on other sites
On 19/06/2019 at 15:23, Weedolly said:

Commonwealth is really good.  We set up ours from the UK years ago before we came over and transferred funds as we wanted.  Their online banking is really good, so easy to use, we have all our accounts with them, easy to transfer between accounts and to our UK bank if we need to. We started off in Melbourne, we let the bank know when we were arriving and they had the cards waiting for us at one of the CBD branches

 

weve heard alot of good regarding common wealth - its just that you need to transfer 3 months before leaving .... So my idea of bunging spare cash in wont work . But yep cheers for reply 

Share this post


Link to post
Share on other sites
21 hours ago, FOL said:

NAB 6 years ago: you can open the account and deposit as much as you want (no time limits). But to withdraw money, you first have to physically go to a branch.

 

Edit: oops just reread your post. Why don't you just put your money with NAB and then go with a different bank account when you are here? They can't be THAT bad to just have some money parked there for a short while till you are here?

Crikey Fol - Nab the bank that took and took and took ...... Never to give or show mercy ha ha ! but yes i do think i may have to dig out account details as would be easiest way forward. 😁👍

Share this post


Link to post
Share on other sites

@pegg do bear in mind that the interest rate in Australia at the moment is almost non-existent.   It might be better to open a new account in UK and just keep topping it up until you are ready to move over.

  • Like 1

Share this post


Link to post
Share on other sites

simlar to here @Rossmoyne.... on the interest rate front , However my Nab account is fully active so this is the way i will go , Ive gone full circle ! ah well nay mind 🤣

Share this post


Link to post
Share on other sites
On 24/06/2019 at 17:30, Rossmoyne said:

@pegg do bear in mind that the interest rate in Australia at the moment is almost non-existent.   It might be better to open a new account in UK and just keep topping it up until you are ready to move over.

The effect of currency fluctuations is usually much bigger. Don't know with the Brexit nightmire, but can't look too pretty I reckon.

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×