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Edith Cowan College

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 get to Australia

Opening a bank account is one of the most important things you’ll need to do after arriving in Australia. To help make this process easier, we have three simple steps to opening a bank account in Australia.


Step 1. Visit your nearest bank within 6 weeks of arriving in Australia

There are banks in most Perth 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 banks 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


Did you know?

That ECU is named after the first female politician in Australia, Edith Cowan, and her face appears on the Australian $50 note?