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Bank account and tax file number!

Travel Forums Australia / New Zealand & The Pacific Bank account and tax file number!

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1. Posted by nick_taylor (Budding Member, 25 posts) 15 May '12 04:16

Hey,

Ive just sorted out my visa and was wondering weather its best to sort out a Australian bank account and tax file number before i head over there or leave it till im out there. Not too sure whats the easiest and best way to go about it
Originally i was thinking of going through OzIntro as they sort all that stuff out for you, but wondered weather its easier and cheaper to do it off my own back.
Suggestions and tips would be very much apprecited,
Thanks,
Nick

2. Posted by Affbus (Inactive, 2 posts) 15 May '12 08:40

I would wait until I move. When I immigrated to the US, I opened my own bank accounts and got my own Tax ID numbers sorted out. :)

3. Posted by Sander (Moderator, 4381 posts) 15 May '12 09:47

Yes, it's easier (okay; exactly as easy) and cheaper (free) to do it yourself. You can't apply for a Tax File Number until you're in Australia, but once you're there, go to this website and follow the "next" buttons.
You could open a bank account with some select banks beforehand, but would still need to go to a bank branch when in Australia to provide proof of identity, so might as well just do that when you arrive. (Show up with AUD $50 for an initial deposit, as well as your passport, fill in some forms, and walk out 15 minutes later. Give them your hostel's address to send the debit card to (takes about a week) and tell them not to send you any bank statements.)

[ Edit: Edited on 15-May-2012, at 09:50 by Sander ]

4. Posted by nick_taylor (Budding Member, 25 posts) 15 May '12 13:17

Cheers for the info guys

Post 5 was removed by a moderator
6. Posted by Lydia21 (Budding Member, 30 posts) 17 May '12 13:06

Im due to go in June and have already opened an account with ANZ. Was really easy and now I need to go into a shop when I get there to complete the registration.

One thing I wasnt sure on was the Tax File number.

If you need to give them an address how do you know where your going to be stayin and what address to give them?

This has worried be a bit.

Thanks

Post 7 was removed by a moderator
8. Posted by Chix (Full Member, 114 posts) 17 May '12 13:52

I did it with WestPac Trust in NZ when I arrived on my Working Hol visa - it was easy peasy :)

9. Posted by nick_taylor (Budding Member, 25 posts) 17 May '12 15:05

Thanks for the help :)

Lydia: Do you have the website for ANZ and are you transfering funds before you go?

Im heading out to Sydney 21st June, you have many plans for your arrival?

Cheers
Nick

10. Posted by Lydia21 (Budding Member, 30 posts) 20 May '12 14:06

Hi Nick,

I just typed in google ANZ Australia bank and it came up. Think its that one and Commonwealth that have the most ATM's out there and it costs extra to use other banks ATM's.

Yeh, we'll transfer all our money over before we go (i think) but first get a stamped statement from our current bank to show proof of funds incase we get asked. Think thats what the process is anyway.

Hardly any plans at all. I feel like i'm sooo unprepared but there's just no point in making any till we get there. All we know is we're booking 2-4 nights in our first hostel and looking for a job. We really want to work before we do any travelling to do some saving. We're so hoping to last more than just a couple of months!

What are your plans? Are you wanting to find work too?