Emigration
Setting up a bank account in OZ or NZ: HiFX Foreign Currency Exchange

Setting up a bank account in Australia or New Zealand

HiFX has a unique partnership with Westpac, one of the largest banks in Australia and New Zealand with branches and ATMs across both countries.

Their dedicated Migrant Banking team will help you open a bank account in either Australia or New Zealand before leaving the UK as well as:

  • An account opened within 10 working days (often sooner).
  • Pre approval of credit cards and even mortgages prior to departure.
  • Waiver of monthly account charge for all HiFX clients (for the first 6 months).
  • Discounted OZ and NZ mortgage rates for all HiFX clients.

Why open a bank account before you leave the UK?

  • You will have a bank account in your destination country, enabling you to start transferring funds prior to arrival and at times when the exchange rates best suits you.
  • It’s easier to open accounts before you leave. If you wait until you arrive then you will be required to produce a utility bill evidencing your new address Down Under which can be difficult.
  • It enables you to provide employers with your account details ensuring no delay in receiving payments when you do start work.
  • Depending on your visa class you may need an account to receive interest on government bond payments.

Who are Westpac?

  • Westpac are one of the largest banks in Australia and New Zealand with 1 in 3 people having a banking relationship with Westpac.
  • Westpac is the oldest bank in both Australia and New Zealand – established in 1817.
  • In New Zealand, Westpac is the banker for the New Zealand Government – therefore any migrants working in the public sector will have their salary paid by Westpac.
  • Westpac has a dedicated Migrant Banking Team to look after migrant customers to Australia or New Zealand. The team is predominantly made up of migrants and are therefore able to assist with all sorts of questions.


To find out more about how to open a bank account quickly and easily with Westpac call HiFX now on 01753 859 159  quoting Emigrate Westpac or email your contact details to emigratewestpac@hifx.co.uk  

Top 10 things to know about banking Down Under


Call now for our specialist advice

Open 8am to 7pm Mon–Thur. 8am to 6pm Friday.

+44 (0)1753 859 159

more...: HiFX Foreign Currency Exchange
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    All rates shown are based on today's Interbank rates. This is the rate at which banks and brokers buy and sell money to each other. Private individuals and small to medium sized businesses cannot access these rates. They are therefore provided for indicative purposes only. For a quote please call us.


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    1.1883 EUR1 GBP = 1.18828 EUR



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