Opening an Australian Bank Account

Opening an Australian Bank Account

If you are planning to live permanently in Australia or go out for a temporary stay, for a working holiday for instance, then you will need to open an Australian bank account.

The simplest way is to set up an Australian bank account here in the UK before you go and then activate it once you get to Australia. This will save you time when you get there and you can obtain your Australian bankcards and bank account details from your nominated branch on arrival in Australia.

Australian banking facilities are much the same as in the UK but you may well find that you have to pay for some services in Australia that are free in the UK. You can withdraw cash from ATMs, use credit cards to purchase goods and bank on-line if you prefer. If you are working in Australia you will want your salary paid into your Australian bank account and most banks in Australia will be happy to arrange this for you.

All clients of Australian Migration Associates Ltd are offered the services of our associate companies to arrange banking facilities for Australia, as well as currency exchange.