Money Matters
Banks
When moving to Australia it is important to organise your finances. Known locally as NAB, National Australia Bank is one of Australia’s largest banks that has been helping its customers for over 150 years.
NAB offers pre-arrival banking solutions, features include;
•Accounts can be opened up to 12 months prior to arrival
•No Australian Address needed
•Apply online application takes 10 minutes
•Accounts opened with zero balance, transfer when ready
•No opening fee or monthly fee
•Transaction and savings accounts available
•Cards waiting on arrival (apply 10 days before arrival)
•Dedicated banker and branch details in destination city
(don't forget to mention Opal Relocations for priority opening)
Money Transfer
Sending money overseas can be expensive if you are using the major banks. Thankfully, by using a great service called OzForex you can transfer money faster and for a lot less. Their fee is only AUD15.00 and their exchange rates are much better than banks and other providers.
By using OzForex you will enjoy;
- No receiving bank fees in most countries
- Extremely competitive foreign exchange rates across 50 currencies
- Online access 24/7
- Access to a dedicated Dealer by phone 24-hours a day, 5 days a week
- Complete exchange rate transparency
- No transaction fees for amounts over AUD10,000
- Risk management tools through Limit Orders and Forward Exchange Contracts
- Exchange rate alerts via email
- Access to highly regarded daily and weekly “Market Commentary”
As a client of Opal Relocations you will receive your first two transactions fee FREE -
