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Opening a Bank Account

If you plan to work in Australia or your home back charges international withdrawal, we recommend you open an Australian bank account.

Australia has a few big banks and many smaller, independent banks. The Deakin University Community Bank (DUCB) is also an option and offers students $25 for opening a new student bank account.

You should compare banks to see which is best for you.

You can generally apply for an account online then take the following to the bank to finalise your account:

  • personal identification (eg. passport)
  • proof of your current address and contact details
  • some money to deposit.

You may also be required to show your student visa and/or Confirmation of Enrolment if you are opening a student account.

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