Heathfamily 10 Posted December 9, 2011 I have an NAB account setup for when we get to Aus. I need to know if I will be able to setup a monthly direct debit from my NAB account to my UK account to pay a loan that I am hoping to leave running in the UK. Any advise on this? I have opened a Moneycorp account to transfer funds from UK to Aus. Can i do this the other way every month? Share this post Link to post Share on other sites
Guest MontyClaude Posted December 10, 2011 I'm not sure about setting up a direct debit. I have a loan at home too and hope to send home engouh every 3 months to cover 3 months rather than monthly to avoid charges. Share this post Link to post Share on other sites
aussiechick2006 52 Posted January 10, 2012 I have an NAB account setup for when we get to Aus. I need to know if I will be able to setup a monthly direct debit from my NAB account to my UK account to pay a loan that I am hoping to leave running in the UK. Any advise on this? I have opened a Moneycorp account to transfer funds from UK to Aus. Can i do this the other way every month? Hi Heathfamily, I was just wondering if you ever found out the answer for this as we'll be in a similar situation? AC Share this post Link to post Share on other sites
Guest Rebecca at NAB Posted January 11, 2012 I have an NAB account setup for when we get to Aus. I need to know if I will be able to setup a monthly direct debit from my NAB account to my UK account to pay a loan that I am hoping to leave running in the UK. Any advise on this? I have opened a Moneycorp account to transfer funds from UK to Aus. Can i do this the other way every month? Hi Heathfamily, With NAB Internet Banking you are able to set up a periodic transfer (weekly, fortnightly, monthly or quarterly) for International payments. This is different to a direct debit though, so will probably need to be paid into your UK bank account rather than direct to the loan. Please do keep in mind though, that each transfer has a fee of $22, so if possible it may be better to send more funds, less frequently, to cover the loan in the UK. I hope that this helps. Please let me know if you would like more information on this. Rebecca NAB Migrant Banking Team Share this post Link to post Share on other sites
