International Student Handbook - University of New England

Banking
(www.studymove.com/content/view/79/31/)
Most of the major banks in Australia offer full time students various banking options including low fees,
hassle free banking, no monthly account fees or withdrawal fees. It is best to visit a bank that is located
close to ISBT, because they have more experience with international students and can better meet
your banking needs.
The major banks in Australia include:
Australian Banks
Commonwealth Bank
Westpac Bank
St George Bank
Citibank
National Australia Bank
ANZ Bank
HSBC
Some states and territories have established banks which also
offer students tailored banking services.
Most banks are open from 9am to 5pm from Monday to Friday. Some bank branches may open on
Saturdays but it is best to look on their website for their opening times.
The best way to do banking in Australia is via the internet as you will have access to your account 24
hours a day, 7 days a week.
You can also do banking over the phone and most bank telephone enquiry lines are open from 8am –
8pm, Monday to Friday.
Opening a bank account
The process of opening a bank account in Australia is quite simple. Firstly, we recommend you research
the services and fees provided by the main banks.
You should visit their websites to obtain more information on fees, services provided and the number of
ATMs they have. Most of the banks provide a preferential fee to students. Some major banks allow you
to open a bank account before you travel to Australia, alternatively, you can open an account when
you arrive in Australia by visiting any branch.
To be able to open a bank account, you will need to present your passport and a document to prove
that you have enrolled at an education institution (this could be your student ID).
Banking Facilities Close to ISBT
Alll the major banks have branches within 2-3 minutes walk from the campus. A map of bank locations
is available from Student Services.
UNE-ISBT 2009-2010 International Student Handbook Page 17