What banks are there in australia

It is important that you are aware of the following banking information:. 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. It is a good idea to set up a transaction account for everyday banking paying for goods and depositing income, for example and a high-interest savings account for storing your savings.

You may also wish to open additional accounts to divide your money for specific purposes such as paying rent or saving for travel. Some transaction accounts give you the option of using additional services such as a personal cheque books, these are commonly known as cheque accounts. MyLife MyFinance Ltd , located in Melbourne, Victoria, offers savings and access accounts, first home buyers loans, personal and car loans, investment loans, mobile and online banking and more.

It offers savings accounts and loans. Paypal Australia Pty Ltd has been present in the country since and currently has more than seven million customer accounts. List of Banks in Australia The Australian banking sector is stable and reliable. Westpac Banking Corporation. Australia's digital mobile bank. Australian Military Bank. Australian Unity Bank. Australian Mutual Bank Ltd. Impact finance.

Community customer grants. Business payments. Works great. Setting up an account and a PayID was really smooth. Flip the system. Banks use customer deposits and interest payments for loans and investments. These can go to industries that do good or those that do harm.

Where you choose to bank has a ripple effect. Join us at the AGM As a Bank Australia customer and owner you have voting rights and a say in the governance of your bank.

Why we updated our Responsible Banking Policy. Bank Australia delivers record customer and asset growth in FY Green and sustainable investments. Clean energy transition. Inclusive and community housing. Our customers. Fossil fuels. Live animal export. Arms industry. In support of people and planet. Customer owned, you have voting rights. Purpose-driven banking.