International students can open a bank account before they arrive in Australia. Opening an Australian bank account is important in Australia, especially if you want to work and get paid. This is a free service. You can use a basic day to day account to pay for course fees, rent or daily living costs. There are four major banks in Australia: ANZ, CBA, NAB and WESTPAC and a lot of smaller banks.
For further information on how to open a bank account with one of Australia’s leading financial institutions online, simply visit their websites. Normal bank trading hours:
- 9.30 am – 4.00 pm Monday to Thursday
- 9.30 am – 5.00 pm Friday
Some banks are open Saturday mornings.