a 100 point ID?

in dealing with an AUS bank i was asked if i possessed a 100 point ID needed
to open an account ... what is this 100 point ID and what this 'point
system'
.... please advise? thank you!

Originally posted by 4000 Psi
in dealing with an AUS
bank i was asked if i possessed a 100 point ID needed
to open an
account ... what is this 100 point ID and what this 'point
system'

... please advise? thank you!

http://www.stgeorge.com.au/accounts/100points.asp

Peter


--
This post is an expression of opinion and is neither legal nor immigration advice.


Posted via http://britishexpats.com

4000 psi wrote:
in dealing with an AUS bank i was asked if i possessed a 100 point ID needed
to open an account ... what is this 100 point ID and what this 'point
system'
... please advise? thank you!

I typed 100 point ID in Google and found a few
aussie sites which talk about it.

Seems to be a variable thing depending on the firm
you go to. Usually its one of. Passport, Citizenship
or Birth Cert as well as 2 - 5 Cards with you name
and address on it. The Passport/Citizen/Birth usually
makes up aobut 50-70 points and the others make up
10-40 points each depending on the card type.

This is one from AMP

- Passport 70 points
- Birth certificate 70 points
- Citizenship certificate 70 points
- Australian driver's licence 40 points
- Social security card 40 points
- Tertiary education ID 40 points
- Credit cards 25 points
- Medicare card 25 points
- Electricity or gas bill 25 points
- Council rate notice 25 points
- Telephone account 25 points
- Foreign driver's licence 25 points

--
Vin
Melbourne, Australia
Remove no and spam from both sides of the @ sign email address to reply

"4000 psi" wrote in message
news:5096c.37341$Zp.19334@fed1read07...
in dealing with an AUS bank i was asked if i possessed a 100 point ID
needed
to open an account ... what is this 100 point ID and what this 'point
system'
... please advise? thank you!




Its a legislated system designed (in theory) to ensure that all bank
accounts, share transactions and certain other documents - drivers licence,
tax file number, even telephone betting accounts - are in the name of a real
person.

In reality the drug crims have the ability to open any number of bank
accounts to launder their ill gotten gains - whilst the 100 point system
seems to discourage customers of banks from shopping around for a better
deal.

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"4000 psi" wrote in message news:5096c.37341$Zp.19334@fed1read07...
in dealing with an AUS bank i was asked if i possessed a 100 point ID needed
to open an account ... what is this 100 point ID and what this 'point
system'
... please advise? thank you!

Here's an example: http://www.stgeorge.com.au/accounts/100points.asp

--
Chris

in article 5096c.37341$Zp.19334@fed1read07, 4000 psi at
wrote on 3/17/04 11:50 PM:

in dealing with an AUS bank i was asked if i possessed a 100 point ID needed
to open an account ... what is this 100 point ID and what this 'point
system'
... please advise? thank you!





Within a short time of arrival you will only need your passport (which is
normally 60 "points"). After a period (6 weeks?) you will need enough other
ID - license, credit cards, medical card, etc. - to add up to 100 points
(every form of ID is assigned a value).

"Raffi Balmanoukian" a
wrote in message
news:BC7F112F.220B8%walkabout@TAKEOUTTHETRASHTOREP LY.ns.sympatico.ca...
in article 5096c.37341$Zp.19334@fed1read07, 4000 psi at
wrote on 3/17/04 11:50 PM:

in dealing with an AUS bank i was asked if i possessed a 100 point ID
needed
to open an account ... what is this 100 point ID and what this 'point
system'
... please advise? thank you!





Within a short time of arrival you will only need your passport (which is
normally 60 "points"). After a period (6 weeks?) you will need enough
other
ID - license, credit cards, medical card, etc. - to add up to 100 points
(every form of ID is assigned a value).


do the credit cards have to be AUS issued?

in article og67c.46597$Zp.14734@fed1read07, 4000 psi at
wrote on 3/20/04 9:31 PM:


"Raffi Balmanoukian" a
wrote in message
news:BC7F112F.220B8%walkabout@TAKEOUTTHETRASHTOREP LY.ns.sympatico.ca...
in article 5096c.37341$Zp.19334@fed1read07, 4000 psi at
wrote on 3/17/04 11:50 PM:

in dealing with an AUS bank i was asked if i possessed a 100 point ID
needed
to open an account ... what is this 100 point ID and what this 'point
system'
... please advise? thank you!





Within a short time of arrival you will only need your passport (which is
normally 60 "points"). After a period (6 weeks?) you will need enough
other
ID - license, credit cards, medical card, etc. - to add up to 100 points
(every form of ID is assigned a value).


do the credit cards have to be AUS issued?



no.