Hi PIO Members,
We know you’ve got a lot to manage when moving to a new country. So whether you’re moving to Australia to live, work, study or start a business, let NAB sort your banking before you’ve even stepped off the plane. NAB, a part of the National Australia Bank Group, has a dedicated team that helps migrants, expatriates and international students from over 100 different countries each month to open bank accounts quickly and easily online up to 12 months before arrival.
Each week I will upload one FAQ........here goes!
Why does NAB offer two account types?
• The NAB Classic Banking account is an every day transaction account
• The NAB iSaver account is a savings account that pays a competitive interest rate
The iSaver account must be opened with a NAB Classic Banking account at all times. To check the current NAB iSaver interest rates, go to: www.nab.com.au/personal/accounts/savings-accounts/nab-isaver
*Please note that your account can receive funds, however withdrawals can not be made until you arrive and pass the necessary