Opening a Bank Account

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