Bank Account Opening

With Local Buddie - Opening a bank account in Australia is a relatively simple affair for international students! 

We never recommended any students to carry cash while travelling from home country to Australia. However, we will assist you in setting up your bank account online up to three months before you arrive in Australia.

The four major banks in Australia are ANZ, Commonwealth Bank of Australia, National Australia Bank, and Westpac Banking Corporation. There are also lots of regional banks for you to choose from, which could be the best option in your particular region.

Local Buddie will assist you in setting up your bank account online up to three months before you arrive in Australia. Your Local Buddie Manager will send you a Bank Account application link, which will typically need your information including your passport number and expiry date and we will get the formality completed. Local Buddie Manager will assist you in the entire process. It takes about three business days for the bank to process your application. Once the Bank Account is activated, you can transfer money into your new Bank Account in Australia.

Upon your arrival, Local Buddie will book an appointment at bank’s local branch to prove your identity so you can access your money. You will be required to verify your passport, Your passport's arrival stamp (or your airline boarding pass), Your visa grant letter at the bank. Once everything is confirmed by the bank, you can start using the banking services immediately post bank confirmation.

We make sure and help you in getting a bank account with following features:

-       $0 - Monthly account fees - (Save money spent on fees and use for something else)

-       $0 - Withdrawal fees - (No fees at over 7,000 ATMs across Australia)

-       $0 - Transaction fees - (For transactions made within Australia)

-       $0 - Overdrawn fees - (If you happen to overdraw your account – T&C Apply)

-       $0 - No monthly minimum deposit required

-       Accept direct transfers from others, including from overseas, deposit cash and receive your salary once you arrive and start doing a job as student.

For more information – Please speak to your assigned Local Buddie Manager or chat with us from 10 am to 6 pm (IST) or write us at support@localbuddie.com

 

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