Open an Australian Bank Account before departure
5 June 2010National Australia Bank (NAB)
Whether you are moving to Australia to live, work, study or for a working holiday, we understand that you have lots of things to consider. That’s why we have kept the setting up of your banking in Australia, before you leave home, simple.
Opening a bank account before you leave home means that you can transfer your money to Australia, so that it’s all ready for you when you arrive. It also means you have a way to have your salary/wages paid in Australia!
Choose the NAB
Known locally as NAB, we are an international financial services organisation that provides a comprehensive and integrated range of financial products and services which we have been doing for over 150 years.
Making it Easy
Our team of migrant and expatriate banking experts can help you set-up your Australian bank account, transfer funds into your new account and help you with any banking questions you may have. They are there to help make your move as simple as possible.
Prior to arrival in Australia we will arrange an appointment for a face to face meeting with one of our specialised bankers, who are located in most major cities and understand the unique needs of a newly arrived migrant.
On arrival in Australia your dedicated banker will:
• identify you and activate your account so you can access your funds. This is simple, just ensure you meet with your banker within 6 weeks of arriving in Australia and have your passport with you.
• have your debit cards ready for you at the meeting.
• talk to about any additional banking needs you may have and take you through a comprehensive suite of NAB’s banking benefits and services and highlight how we might be able to assist you to make the right decisions for your current and future financial position.
A Full Service Account with No Monthly Fees
The standard account we offer for newly arriving migrants is our full service everyday banking account, NAB Classic Banking that provides:
• No monthly account servicing fee.
• No opening or minimum balance requirements.
• No overdrawn fees.
• ATM access in eight different languages.
• National branch network.
• Access to over 3,100 NAB ATMs and rediATMs Australia-wide without paying additional ATM fees.
• NAB Visa Debit card included at no extra cost, which means that you can access your own money online, over the phone and overseas wherever Visa is accepted.
• Unlimited access via NAB Branches EFTPOS and NAB Visa Debit as well as NAB telephone, internet, mobile/cell and SMS banking.
All of this means a great experience, less headaches and more money in your pocket.
Open an Account Now
It’s easy to apply online at www.nab.com.au/movingtoaustralia
It takes about 10 minutes,
And we’ll have your account opened with in 5 working days.
on July 30th, 2010 at 1:39 am
Thanks for the article even if it was a promo for the NAB .. I’ve had so much trouble with some banks trying to setup accounts from overseas and when i arrive in the other country. In one case I was the customer of the bank in two countries! yet was told i couldnt establish an account because the banks (although of same name) weren’t affiliated with each other. Having a local account too saves a lot of money once the wire transfer is made. Ive been overseas and found that using an ATM is the last thing one wants to get local currency for short term or any period of stays.. you get skinned from the time the card goes into the slot. Thanks again for the article. Rob
on August 25th, 2011 at 7:23 am
I am planning to visit my Grandson and his wife, both recent NZ University graduates now making their home in Sidney. Also my daughter who lives in Auckland NZ. I have some Australian Govmt. Bonds in an account at the Reserve Bank of Australia. I’m looking for a bank relationship, where I can transfer funds (Dividends etc) into my Australian bank account, to use as needed, and also wire transfer funds in US Dollars into my american bank account. I will be happy to furnish whatever personal data, bank refs. etc. that you require.