Did you know? You should open an Australian Bank account within 6 weeks of arriving.
3 Steps to Opening a Bank Account, When You Arrive to Australia
Opening a bank account is one of the most important things you’ll need to do after arriving in Australia. There are 3 simple steps to open a bank account in Australia.
Step 1. Visit your nearest bank within 6 weeks of arriving in Australia
There are banks in most Adelaide suburbs. Australia’s big four banks include:
- Commonwealth Bank (CBA)
- Westpac (WBC)
- Australia and New Zealand Banking Group (ANZ)
- National Australia Bank (NAB)
Step 2. Present your passport to the bank staff and let them know you’d like to open a bank account
Step 3. Complete the relevant paperwork given to you by the bank staff
A helpful tip for avoiding extra fees:
Cut down your ATM charges. Every time you use an ATM that does not belong to your bank it charges you $2.50 per transaction. $2.50 adds up over time. Check out your bank’s partner ATM’s below:
ATM Partners
- Commonwealth Bank and Bankwest
- ANZ
- Bank of Queensland and RediATMs
- BankSA, Westpac and St George
- Bendigo Bank and Suncorp
- NAB and RediATMs