Opening of Bank Account Prior Arriving in AU?

NetEngr

Just curious, Is it ideal to open up a bank account prior arriving in AU (migration)?

I saw that you can open up a bank account @ National Bank of AU and ANZ prior arriving to AU and you can already save some money on that account.. any of you have done this?

Btw, how much is allowed when I travel to AU? is it 10k AUD? and is it per person? (Example can me and my wife declare10k separately?)

Thanks in advance!

agentKams

hello, yes that whats we did. there is a dedicated migration bank agent who will assist you when you open an account online. And for me, its the safest option rather than carrying cash.

NetEngr

@agentKams Thanks for your feedback!... I will try to open up an account with NAB.. 🙂 I think the hardest part after that is filling up that account... LoL..

agentKams

@NetEngr no prob and welcome to down under! 🙂

aug88

hi @agentkams @NetEngr we are also planning to move to australia by mid-march. Do we need an Australian mailing address and mobile number to open a bank account online? 🙂

agentKams

@aug88 hello, not needed at that moment. When you arrive dito sa Aus, you will need to go to bank to have it "activated" by presenting 100 points of identification.

aug88

hi @agentKams ok thanks sa info 🙂

studio719

hi,

do you know kung paano pwede mag-deposit sa AUS account from the philippines? pwede ba idaan un sa mga local bank like BPI or BDO as long as i have the details?

MayoMay

@agentKams may deadline po ba para lagyan ng laman ung account? mag eexpire po ba sya if Aug. pa plan mag lagay ng laman? and paano itransfer sa nab from phils? and magkano minimum? at saka paano if di pa activated, papasok pa din yung pera? thanks

leelou

@studio719 if BDO, you need to have a dollar account then you can do the transfer online. wala nang enrolment. sa BPI naman, you can only do transfer sa branch.

agentKams

@MayoMay hello po, this am not sure kasi nung nagopen kami may ready funds for transfer na kami. But the good thing is, may dedicated bank agent na magassist sa mga question mo once you opened your account so you can ask him/her. iyong transfer from phils, sorry hindi kita masagot kasi from abroad kami nagsend to NAB. Activation is needed when you visit your branch na here in AU kasi pano nila maprove na sayo iyong account if you will not present your identification. You can deposit but you cannot withdraw until you can provide your 100 points of identification which should be 7 days after you arrive here in AU.

studio719

thanks for the info @leelou

MayoMay

@agentKams alin po yung 100 pts of identification? IDs, passport and birth certificate ok na?

quicksilver

ito ang mga usual IDs > https://www.instantchecks.com.au/100points.aspx the points may differ with different institutions. better to give a few more para you can surely be over the 100 points.

NetEngr

@agentKams I just openned an account with Commbank, it was fast.. I am planning to add some money to the account soon... do you know anyone who used their migrant banking services?

agentKams

@NetEngr hello, sorry wala ako kilala na comm bank nagopen eh. but it should be straightforward kung magdeposit ka ng pera sa account mo here. 🙂

zilch

hi, I will be moving to Au soon and will probably open either a CommBank or NAB account. Ask ko lang, kunwari makaopen na ko ng account, pwede bang yung initial funds ay fund transfer from someone na andyan? may mga kilala kasi akong andyan na, na nagpapadala ng pera dito sa Philippines, naisip ko na baka pwedeng ako na yung mag transfer ng pera sa family nila, then ung ipapadala nila is derecho naman sa account ko (either NAB or Commbank), pwede ba yung ganun? thanks

TasBurrfoot

<blockquote class="Quote" rel="zilch">hi, I will be moving to Au soon and will probably open either a CommBank or NAB account. Ask ko lang, kunwari makaopen na ko ng account, pwede bang yung initial funds ay fund transfer from someone na andyan? may mga kilala kasi akong andyan na, na nagpapadala ng pera dito sa Philippines, naisip ko na baka pwedeng ako na yung mag transfer ng pera sa family nila, then ung ipapadala nila is derecho naman sa account ko (either NAB or Commbank), pwede ba yung ganun? thanks</blockquote>

Pwede naman...

Lrac

@agentKams Ano ba ang magandang sa Aus?

Like in terms of mga service charge, i heard yung ibang bank kelangan mo magdeposit ng 2K monthly ata, etc. Thanks in advance.

agentKams

@Lrac we are with NAB eversince, wala naman charges on our everyday account and we are satisfied with their service. If you want to compare, go with the big 4 NAB, Commonwealth Bank, ANZ and Westpac.