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International Banking

Discussion in 'Finance & Banking' started by jeffery85, 19th Sep, 2013.

  1. jeffery85

    jeffery85 Active Member

    Joined:
    20th Jul, 2012
    Posts:
    29
    Location:
    canberra
    Hi,

    Dose anyone know of a global bank? I am receiving a income from NZ but have my mortgages in Australia to maintain that is regularly requiring international transfers.

    I was hopping to have a bank that is linked globally so i can transfer my money across & pay my mortgage. HSBC will allow me to do it as long as i transfer my mortgages to them. (fee free)

    I have spoken to ANZ, Westpac & Nab & there NZ banking identifies are worlds apart.

    Dose anyone know of a more effective way of having 2 bank accounts from different countries linked.

    The other way i was thinking of was transferring money into NZ perpetual (who is the same company in oz) & cashing it out in OZ but i dont have as much control over this process. or buying asx shares from NZ & transferring them (but going to have regurla brokerage).

    so far the fees i am looking at is 3% & $25 per trade with international transfers.

    so confused

    Regards

    Jeffery
     
  2. sav

    sav Member

    Joined:
    23rd Jul, 2010
    Posts:
    15
    Location:
    Darwin, NT
    have you tried Citibank? not sure if they can do it but might be worth checking.
     
  3. Waimate01

    Waimate01 Well-Known Member

    Joined:
    26th May, 2008
    Posts:
    157
    Location:
    Sydney
    International banks are greatly over-sold. They all claim to have international partnerships, but it seems to be largely lip-service and you're really no better off than dealing with un-partnered banks. HSBC was the only exception we could find, but even that wasn't as seamless as we'd hoped.