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Hi, We’ve transferred some money to our Australian bank account, taking advantage of the recently good exchange rates. Unfortunately 46.5% of the interest is being deducted in tax as we’re non residents. The bank is legally obliged to deduct the tax as we are unable to provide them with a tax file number. We’re going out in Jan and hoping to get PR granted before then. Perhaps we could talk with an Australian Financial Consultant or transfer the money back to the UK. Any advice appreciated! Thanks,