Bank Account

Having an Australian bank account will ensure that you have easy access to your money to pay for your accommodation, tuition fees and living expenses, and will allow your employer to deposit pay into your account if you choose to work.

The process is usually as follows:

• Most banks will allow you to apply to open an account through their website using an online application form. You will need to supply your passport details when you apply.
• When your application has been processed and approved, you will be notified and given the details of your new account so that you can transfer money.
• Once you arrive in Australia, you will need to go into your bank and show them your passport so that you can access your money. At this time, you will also receive a debit card linked to your account and can register for telephone and internet banking.
• If you would prefer to wait until you are in Australia before opening a bank account, you should do so within six weeks of arrival. You will need to visit a bank to provide staff with your details and show them your passport as proof of identity. They will then send you an account card in the mail.
• As an international student, many banks will offer you a special student account that does not charge monthly account fees. You may also be allocated an international student banker who you can contact with any queries, and many banks will try to find a banker who speaks your language.