Personal identification (if a new client to Bank of us)
One primary photographic form of identification – driver’s licence, passport or photo ID (e.g. proof of age card). OR
One primary non-photographic form of identification – birth certificate or citizenship certificate. AND
One secondary form of identification – Medicare card, utility bill (less than three months old), rates notice (less than three months old) or tax assessment notice (less than 12 months old).
Personal income details
Employee (PAYG) – a current payslip that includes at least three months year-to-date income, or a current payslip plus your most recent group certificate, or a letter from your employer (on business letterhead) confirming your salary package arrangements.
Self-employed – your last three years of financial statements and tax returns (business and personal), along with accountant’s details.
Government income (e.g. Centrelink or Veterans’ Affairs) – a current letter from the payer confirming income.
Child support – a copy of the Child Support Agency maintenance agreement and bank statement evidence of six months of consistent payments.
Rental income – a copy of the fully completed lease agreement or a letter from the real estate agent on business letterhead, providing a written market rental appraisal.
Details of any other income you receive (e.g. shares, investments or trusts).
Assets – details of all existing assets you own or have an interest in (e.g. motor vehicles).
Savings – at least six months of current account statements confirming proof of savings (minimum 5% of purchase price).
Superannuation – your latest superannuation statement(s).
Liabilities – at least three months of current statements of any existing loans and credit card/store card facilities.
Insurance – details of existing home & contents or landlord’s insurance along with details of current income protection, term life, TPD or trauma insurance.
Expenses – details of any extraordinary expenses (e.g. private school fees, maintenance payments).