Banking in Australia

Complete guide for expats and international transfers. Find the best banks, account requirements, and transfer options.

0 Banks Available English Support Expat Friendly
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Quick Facts

Best for Expats

Local Bank

Opening Time

5-15 business days

Min. Deposit

Varies

Wise Available

Yes

Top Expat-Friendly Banks

Send Money to Australia

Compare transfer options and save money on international transfers. Get the real exchange rate and low fees with Wise.

Real exchange rate, no hidden fees
Fast transfers, usually within hours
Secure and regulated service

Example Transfer

Amount €1,000
Wise Fee €4.50
Bank Fee €25-45

You Save ~€25

Account Opening Requirements

Required Documents

  • Passport/ID
  • Proof of address
  • Visa/residence permit
  • Employment letter

Process Overview

Visit branch → Document verification → Account approval → Receive banking details

Expert Tips

  • Contact bank in advance
  • Bring all original documents
  • Consider international banks first