Tips to Set up an Australian Bank Account

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1. Guest510
   

   Setting up your Australian bank account is a simple, straightforward procedure.  
   Three types of accounts are available in Australian banks. Permanent relocation to Australia or a minimum 12 month stay in the country is required in order to set up an account in any of the major bank in Australia such as Australia New Zealand Bank (ANZ), National Australia Bank (NAB), Commonwealth Bank, St. George and Westpac.
   Make deposits into your Australian bank account with electronic funds transfer. The bank must verify your identity to allow funds to be withdrawn from the account. Go to a bank branch and present your passport and give your Australian address. You will receive your account approval via mail service in five to 15 business days.

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