RYLC Posted March 31, 2018 Report Share Posted March 31, 2018 7 hours ago, Wessmuts said: Of course, our job offer is a permanent post It’s not whether the JOB is permanent that is the deciding factor, it’s whether the VISA is permanent. A 457 is treated differently for loan applications. From the banks point of view a 457 application could be a farm worker from Fiji or an IT professional from Canada. All they consider/care about is the risk of a default on the loan because your sponsoring company no longer needs your services and you leave on short notice. Quote Link to comment Share on other sites More sharing options...
RYLC Posted March 31, 2018 Report Share Posted March 31, 2018 Also BOQ do not work with brokers. They only look at direct applications. We are wth them. Quote Link to comment Share on other sites More sharing options...
Wessmuts Posted April 1, 2018 Author Report Share Posted April 1, 2018 6 hours ago, RYLC said: Also BOQ do not work with brokers. They only look at direct applications. We are wth them. Brilliant! What do you think of them? Quote Link to comment Share on other sites More sharing options...
RYLC Posted April 1, 2018 Report Share Posted April 1, 2018 We love the personal relationship of being able to deal directly with the branch manager. BOQ run a franchise type model where each branch manager owns his/her branch. Our manager knows exactly who we are even though we now live in Adelaide. Can ring up any time and he's happy to take the call. Quote Link to comment Share on other sites More sharing options...
Wessmuts Posted April 1, 2018 Author Report Share Posted April 1, 2018 I am used to an investec so was looking for a private bank offering. BOQ is a little more complex opening from here where commonwealth makes the online opening streamlined. thanks for the feedback, maybe ill just make the effort and go with BOQ. I mean we can always just change if need be Quote Link to comment Share on other sites More sharing options...
RYLC Posted April 1, 2018 Report Share Posted April 1, 2018 From RSA, I would start with say Commonwealth because they make it easy for applications from outside Oz. Then when you get here you can look around. Usually one of the conditions of most banks is that you must have a transaction account/cheque account where your salary is deposited to qualify for a mortgage. That's been our experience any way. Nothing stopping you from moving accounts later though. 1 Quote Link to comment Share on other sites More sharing options...
Sunet Posted May 24, 2018 Report Share Posted May 24, 2018 Hi Everyone, Do you need to have plane tickets book already to show proof of arrival when opening a bank account from SA? Quote Link to comment Share on other sites More sharing options...
Wessmuts Posted May 24, 2018 Author Report Share Posted May 24, 2018 49 minutes ago, Sunet said: Hi Everyone, Do you need to have plane tickets book already to show proof of arrival when opening a bank account from SA? We opened an account with boq and commonwealth feom here. We needed proof of id for boq only. Quote Link to comment Share on other sites More sharing options...
TamTam Posted May 25, 2018 Report Share Posted May 25, 2018 (edited) 17 hours ago, Sunet said: Hi Everyone, Do you need to have plane tickets book already to show proof of arrival when opening a bank account from SA? In short the answer is no. You can open an account very easily from SA and online with Commonwealth up to three months before you arrive. They were flexible with us in that the arrival date ended up being later and that was no problem. The proof of identification is provided once you arrive in Australia. Just bear in mind if you move money over you cannot access it until you arrive in Oz and present your identification. I believe with NAB and Westpac you can also easily open accounts, online and up to 12 months before you arrive. Edited May 25, 2018 by TamTam Quote Link to comment Share on other sites More sharing options...
Sunet Posted May 26, 2018 Report Share Posted May 26, 2018 Thanks @TamTam and @Wessmuts Quote Link to comment Share on other sites More sharing options...
Wessmuts Posted June 20, 2018 Author Report Share Posted June 20, 2018 As a conclusion to this I eventually decided on BOQ specialist bank. It was a bit of schlep to get the accounts open as we had to courier some certified documents to them but it was a good fit for us. They offer us a 90% homeloan on a 457 (TSS visa) and a lot of the banking perks I am used to with Investec. We will have to maintain our SA accounts for a couple of years at least as we have assets here still to deal with and costs to service. Thank you again to this wonderful forum and its endless help. Quote Link to comment Share on other sites More sharing options...
Rossen Posted July 25, 2018 Report Share Posted July 25, 2018 Hi guys, was anyone able to open an ING account before they arrived in Australia? I've been looking at their offering and ti seems like the right choice for me but cant figure out to open an account before arriving as they seem to require a local address and cellphone number? Quote Link to comment Share on other sites More sharing options...
Wessmuts Posted July 25, 2018 Author Report Share Posted July 25, 2018 8 minutes ago, Rossen said: Hi guys, was anyone able to open an ING account before they arrived in Australia? I've been looking at their offering and ti seems like the right choice for me but cant figure out to open an account before arriving as they seem to require a local address and cellphone number? I tried with them and they said I needed an aussie address and phone number and could not help me. I really liked their credit card with no international transaction fees. I gave up and opened a BOQ Specialist instead Quote Link to comment Share on other sites More sharing options...
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