• Results 1 to 8 of 8
    1. #1

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      Junior Member
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      Mar 2012
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      Leeds, United Kingdom
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      which bank should i open an account with

      Who are the best bank to open an account with in australia i emigrate to brisbane in just over 3 weeks and am hoping to have it all sorted for going over there any advice would be extremely useful

      Thanks

      PSS International Removals

    2. #2

      Title
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      Apr 2012
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      NAB have been helpful so far, and it's fee free unlike others.

    3. #3

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      Brisbane Bound
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      Apr 2012
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      Brisbane
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      Commonwealth bank has more ATMs inBrisbane from the looks of Google maps. Worth checking their website regarding fees. CBA gives free banking providing you're depositing your wages to the tune of about $2000 monthly and I believe they're offering 12 months free in any event. CBA also provide a London Transfer account, which makes things pretty easy for money transfers beforehand.

    4. #4

      Title
      PIO Chatter Box
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      Jan 2009
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      GC Runaway bay
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      Nab, very easy and straight forward to open acc.
      Agent Aug 08, Paper based pased Feb 09 Vetassess passed ( Carpenter) 27/4/09, applied SS Q/Land 5/5/09, ...SS application acknowledged by Qsld 15/5/09, State sponsor Q/L secured 02/12/09 . 176 lodged 10/12/09. On the Q/L SOL, CO 7-4-2011 VISA GRANT 10 May 2011

    5. #5

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      Apr 2011
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      Wales
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      Commonwealth Bank, open your account when you get to Australia. All very straight forward.

    6. #6

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      Feb 2012
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      I think most banks allow you to open an account from offshore as a migrant. Then you just need to pop into a branch with your passport to confirm your identity. You'll need an address for them to send the cash cards out to, but this can be a temporary address.

      For a personal/transaction account, we chose Nab. I guess the big 4 are all pretty similar really. One thing that's quite useful is a credit card, or at least a debit card with a 16 digit number. This will allow you to pay for stuff online, like bills or the bridge tolls. If you use a uk card then you'll get slugged for transaction charges and commision, even though the amounts of what you're paying for is small.

    7. #7

      Title
      PIO Chatter Box
      Join Date
      Jun 2010
      Location
      Melbourne
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      NABs account is fee free with no conditions. The other majors require you to deposit at least $2000 a month to avoid a monthly account keeping fee.

      NAB also has the lowest standard mortgage rate of the majors so if you intend getting a home loan that is worth considering.

      Other than that they are all pretty similar.

    8. #8

      Title
      Junior Member
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      May 2012
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      Am I reading correctly that you need to pay $6 to cash in a cheque from another bank??

     

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