Banking solutions for international employees. NAB can help your business to provide the right banking solutions to employees arriving from overseas.

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1 Banking solutions for international employees NAB can help your business to provide the right banking solutions to employees arriving from overseas.

2 About National Australia Bank Group NAB Migrant & Expatriate Banking - our expertise National Australia Bank Limited (NAB) is one of Australia s top banks* and largest listed institutions^, managing relationships with retail, corporate and institutional clients in Australia and internationally. NAB employs over 40,000 people and operates more than 1,750 branches and service centres for over 12 million banking customers globally. We operate major financial services businesses in Australia, New Zealand, Asia, the United Kingdom and the United States. In Asia, we have branch locations in Shanghai, Hong Kong, Singapore, Tokyo, Osaka and Mumbai and representative offices in Beijing, Jakarta and Vietnam. NAB seeks to differentiate itself through belief in the potential of its clients, communities and employees. This belief motivates us to make a positive impact on our clients and communities; it also underpins a strong and sustainable business for our shareholders. Our international relationships coupled with our knowledge of local market environments enable us to deliver results for our customers efficiently and effectively, worldwide. NAB, a part of the National Australia Bank Group, has a dedicated Migrant Banking team that helps expatriates and migrants from over 100 different countries each month to open their bank accounts before they leave home. Our team have business development managers located in Australia, New Zealand, India, China, Hong Kong, Singapore and the United Kingdom. We also have a fly in, fly out presence in many countries across the globe to build relationships and offer help, guidance and advice to businesses and global employees alike. As Australia s leading business bank, NAB works closely alongside the Australian corporate market. In addition, NAB Migrant Banking works with human resources, global mobility or remuneration and benefits divisions. We have dedicated specialists to answer questions and help evaluate which features and delivery options are best suited to benefit the business and the employee. This includes embedding the solution and on-going support as needed. over 40,000 people employed helping customers for over 153 years more than 1,750 branches and service centres operated access to a national network of branches and over 3,400 NAB ATMs and rediatms over 12 million banking customers globally *74th overall in The World s Biggest Public Companies (Forbes May 2014).^By market capitalisation (ASX) and #40 in total assets (Forbes May 2014).

3 Benefits for the employee Benefits for the business Why should global employees open an account before they arrive in Australia? Accounts can be opened up to 12 months prior to arrival No Australian address required to open the bank account A simple online application that takes only 5-10 minutes to complete Both transaction account and savings account can be opened Accounts opened with a zero balance, employees can transfer funds when ready Bank debit cards ready on arrival (for account/s applied for 10 working days prior to arrival) Named banker and branch supplied with account details via - employee directed to retail or private segments dependent on the applicants needs Dedicated website to apply for the accounts prior to arrival in Australia. Why should businesses work with NAB Migrant Banking? Assists with on-boarding the new employee onto payroll because their bank account is opened for them before they arrive this avoids the employee missing pay cycles Demonstrates the employer understands the needs and challenges of moving to a new country and has solutions in place With their Australian banking established in advance, the employee will arrive with less to do and therefore more work-ready focused No fees to the business NAB s pre-arrival banking solution is a free value add service Priority opening for corporate employees commitment to opening accounts in 2 working days and details ed to the employee No admin the human resources team simply directs the employee to our dedicated website ( migrantbanking) or s the NAB pre-arrival solution PDF with the employees other on-boarding information. $ $ 0 Australia s safest bank* No monthly account fees, ever Fast + easy online account opening * Global Finance Magazine 2014

4 NAB s pre-arrival banking solution NAB Classic Banking The standard account NAB offers is the NAB Classic Banking account which you can pay funds into directly from overseas. The NAB Classic Banking account features: No monthly account service fee, ever. No opening or minimum balance requirements. No overdrawn fees. Access to our national NAB branch network. Access to over 3,400 NAB ATMs and rediatms Australia wide without paying additional ATM fees. ATM access in eight different languages. A named banker. Unlimited access to NAB branches, NAB Visa Debit* and EFTPOS, NAB Telephone Banking, NAB Internet Banking and NAB Internet Banking on your Mobile as well as access to iphone, 1 ipad 1 and Android 2 mobile phone applications, which are free to download. Access to special offers on shows, events, experiences and movies from Visa Entertainment via your NAB Visa Debit card. NAB isaver You can combine your NAB Classic Banking Account with a NAB isaver, an online savings account which you can pay funds into directly from overseas. The NAB isaver features: No monthly account service fee, ever. Interest calculated daily and paid monthly on every dollar. 3 No minimum or opening balance requirements. Unlimited deposits and withdrawals without affecting your interest rate. Move money between your accounts through NAB Internet and NAB Telephone Banking without any transfer fees. Access to savings through a linked NAB Classic Banking account. 4 Australian banking in 3 easy steps Step 1 The inbound employee simply applies online at migrantbanking and they can do this up to 12 months before they arrive in Australia. We don t need copies of their identification or any other documents at this stage, but we will need to check them once they arrive in Australia. Step 2 The employee will receive a welcome with their account details, including their banker s contact information and branch location. The employee can choose to transfer funds into their account at their convenience before they arrive. Please note: the employee will only be able to withdraw money from their account once they have been formally identified by their NAB banker in Australia. Step 3 The employee arrives in Australia and meets their banker to be formally identified. Once they have successfully provided proof of their identity as required by Australian law, their banker will activate their account, provide them with their new bank cards. The employee can now access any funds they had transferred before they left home. If application was received at least 10 days prior to arrival, the employee s debit cards and PIN number/s will also be at the branch for collection at the time of identification. *Visa Debit Card only available to customers aged 18 or over. 1. iphone and ipad are trademarks of Apple Inc. 2. Android is a registered trademark of Google Inc. 3. Terms and conditions available on application. Interest rates are subject to change. The NAB isaver account must be linked to a NAB Classic Banking account. Transfer of funds from the NAB isaver is only available through a linked NAB account. There are no transfer fees between the isaver and the linked NAB Classic Banking account. 4. Access to funds in the NAB Classic Banking account will be available after verification of your identity at a NAB branch in Australia. Your account can receive funds, however withdrawals can not be made until you arrive and pass the necessary identification requirements.

5 Flexible extras Valuable pre-arrival help, guidance and advice Things you need to know about moving Down Under NAB Migrant & Expatriate Banking can provide your international employees with further pre-arrival guidance by providing a link to our Guide to Living in Australia e-book with the employee pack. The Guide to Living in Australia e-book also resides on our dedicated website along with other valuable Moving to Australia content. Proven connections A smooth on-boarding process helps ensure the new employee and their family settle in quickly and hit the ground running. Settling both the employee and their family are both equally important to ensure all involved in the move feel welcomed and supported in their new country and environment. Through our global and national connections, along with our sponsorship and membership of mobility and migration associations, our team can connect you to a range of specialist providers depending on the level of support your new employee requires. Specialist provider connections include: Visa agents and migration lawyers Expatriate tax specialists Pension transfer specialists International removals and shipping Relocation specialists Healthcare providers Foreign exchange specialists Migration forums, expos and seminars.

6 Connect with us Web: Phone: Australia: New Zealand: United Kingdom: China: Hong Kong: Singapore: India: NAB recommends you consider the terms and conditions, Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding any of the products above. These products are issued by National Australia Bank Ltd ABN AFSL Any advice contained in this brochure has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice in this brochure, NAB recommends that you consider whether it is appropriate for your circumstances National Australia Bank Limited ABN AFSL and Australian Credit Licence A