Top 3 Banks To Open Bank Account Before Moving to Australia
If you are wondering how to open a bank account in Australia before moving/migrating to Australia, you must go through this articel till end. Moving from one country to another is a big project that involves a lot of steps. The one of the most important decisions, when it comes to finances, is a real game-changer.
There are a few banks that allow you to open a bank account from overseas, which can be a huge relief when moving to Australia.
You can transfer your money to an Australian bank account while you are still in your home country, eliminating the need to carry large sums of cash during your travels.
It is a convenient and secure way to manage your finance and ensures that your funds are easily accessible upon your arrival in Australia.
1. Commonwealth Bank
There are two types of bank accounts for Migrant Banking.
1- Everyday Bank Account
2- Student Bank Account
You have the option to open a CommBank account either within 14 days prior to your arrival in Australia or within three months after your arrival.
However, please note that you will need to personally visit a branch in Australia to complete the account setup process.
During your visit your will be required to provide:
a. A valid identification document such as your passport.
b. An address in Australia where you can receive mail. This can be your hotel address or the address of a friend or family member. Remember that you can update this address later if needed.
c. Your Tax Identification number of your home country.
For further details please visit CommBank Migrant Account.
Note: I have personally used it and it was a seamless banking experience with CommBank. But do your research before taking any decision.
2. HSBC
HSBC is one of the famous International Banks in the world. They also offer international banking to open overseas account before arriving to Australia.
HSBC offers two types of Global Accounts:
1- HSBC Everyday Global Account
2- HSBC Premier Everyday Global Account
To open HSBC Everyday Global Account the eligibility criteria is very simple:
a. You are 16 or older.
b. You have a valid reason for opening an Australian account (Valid Visa).
c. You do not have an existing account with HSBC Australia.
Voila! this is the simplest criteria to open a bank account in Australia while you are still in your home country.
For more details, please visit HSBC International Bank Account.
3. ANZ Bank
Another one of the biggest banks in Australia and New Zealand is ANZ Bank.
To open an Every Day Bank Account with ANZ Bank, you will need:
a. A valid identification document such as your passport.
b. An address in Australia where you can receive mail. This can be your hotel address or the address of a friend or family member. Remember that you can update this address later if needed.
c. Your Tax Identification number of your home country.
d. An Australia mobile number. Initially, you can provide the mobile number of a friend or someone you know.
For details, please visit ANZ Migrant Bank Account.
I hope I am providing you with relevant and useful information that will assist in facilitating a smooth transition for your journey to move to Australia.
If you have any questions, please leave them in the comments section or contact me using the “Contact Us” form on the right-hand panel.
Good Luck!
