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Showing results for tags 'uk bank account'.
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Hi Everyone, seeking advice on how we can start upma UK bank account whilst living in Melbourne. Our plan is to retire back in Scotland in 5 years. Any advice on anyone who’s successfully done this whilst living in Oz would be appreciated.
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Hi everyone It seems we may finally be getting ready to move, as we have an offer on our house. I'm trying to get on with things that will need doing at some point anyway, until the survey is over and we are more or less sure the sale will go through. So today's worry is about our English bank account. We want to keep it open, but have heard that some banks won't let you keep your account if you move abroad - so we are contemplating telling them we are going for six months and then just keeping quiet ... Any advice? There are no loans or mortgages involved, we just want to keep the account open because there is a regular income paid in and we want to be able to move money in lump sums when the exchange rate is most favourable.
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The Money is with a lawyer in UK and she wants to write me a cheque as I dont have a bank account... will I loose heaps if I bank it in my normal bank account here in Oz? I bank with Westpac here in AUS. My boss said to use Western Union or such... Please help! I want to try and keep as much as possible and not loose heaps in fees etc so I can put a deposit down on a house so I can stop renting at 30 years old! Thanks :-)
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- #financialadvise
- moving money
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I know this has been asked before but I can not find the thread and I don't remember exactly what the situation is. When we move to Melbourne we are transferring over the majority of our savings but want to keep our UK account open for a while. How long can you keep your UK account open, what does it involve (eg are there tax issues) and can I keep some savings in there and transfer them once (fingers crossed) the AUD-GBP exchange rate gets a bit better at the start of next year. Thanks for ANY help with this one. I have no clue :wacko: