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Banking as an expat (aussie.zone)

submitted 1 month ago by Chef_Boyargee@aussie.zone to c/brisbane@aussie.zone

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We’re working on setting up the ability to spend money easily in Australia. We’re looking at Wise for transfers and starting to live in Aus. As we roll into collecting pay, are there any banks or credit unions (if that’s even a thing outside of the US) that are recommended or actively discouraged from using?

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[–] Taleya@aussie.zone 3 points 1 month ago (1 children)

Ok how are you starting to live in Australia and being completely unaware of whether ir not we have credit unions dude

Avoid the big 4 banks (Commonwealth bank, ANZ, Westpac, NAB), Credit unions are a thing, I personally use Bank Australia , which rose out of a credit union i've been a member of since the 80's

[–] Chef_Boyargee@aussie.zone 3 points 1 month ago

It’s been a matter of priorities. A few prerequisites for even being employed in Australia and making the journey over. While I had a minute, I thought I might try to get a high level “banks bad, credit unions good” or whatever sort of overview. Thanks for the input, mate. Good on ya.