Bank Account

If you’re an international student planning to study in Australia it’s really important you have a bank account. Obviously you will need to be paying for your study and incidentals whilst you’re in Australia – so you’ll need a bank account.

When you’re opening a bank account, make sure you get the best student banking deal. Usually banks will offer a student discount or student rate, where fees are wavered whilst you’re studying.

Also make sure you look into the best interest rates. Even if you’re not planning on saving money whilst you’re studying, it’s great to know you’ll be making a little bit of interest. Many banks will offer online saving accounts, linked to your general account.

Whilst you’re with the bank opening your account, it’s advisable to open internet banking. Banks make sure that all your data is safe, so providing you’ve got a safe computer to log into your account with, you’ll be able to do your banking from the comfort of your own home.

When opening a bank account in Australia, you’ll need 100 points of identification. This is made of: