Account options

Our everyday bank accounts feature benefits designed for people moving to Australia.

Why not organise your banking before you get on the plane? It only takes 5 minutes.

Everyday Account Smart Access 

EVERYDAY BANK ACCOUNT

A bank account for day-to-day living with the award-winning CommBank app1 to help you easily stay on track and in control of your money. $0 monthly account fee2 for the first year.

Everyday Account Smart Access for students

STUDENT BANK ACCOUNT

Enjoy convenient student banking with a transaction account for the money you use day-to-day. Your student account comes with $0 monthly account fee while you study.3

Banking in Australia

How to access your money once you have arrived

Opened your Australian bank account and transferred money into it? Learn about what to do next and how to access your money when you need it.

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What you need to know

You don't need to wait until you arrive to start getting your banking organised. Here are some of the things you will need to know in order to manage your money in Australia.

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Ways to bank with CommBank

No matter where you move to in Australia, you can do your banking wherever and whenever suits you, however you like.

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Making the move

Make moving to Australia easier with our moving to Australia checklist.

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International Money Transfers

What you need to know

Receive money from overseas easily and securely with an International Money Transfer.4

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Send money today

Easily send money to your new CommBank account.

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Things you should know

1 The Forrester Banking WaveTM: Australian Mobile Apps, Q2 2019. Full terms and conditions of the CommBank app are available on the app. The CommBank app is free to download however your mobile network provider charges you for accessing data on your phone. Find out about the minimum operating system requirements on the CommBank app page. NetBank access with NetCode SMS is required.

2 After the initial 12 month period, a monthly fee applies unless you are eligible for a further waiver. Monthly account fee waived for accounts with at least $2,000 deposited each calendar month and if you are 21 to 24 years old you will be exempt from monthly account fees if you deposit at least $1000 into the account each calendar month (excludes Bank initiated transactions). A monthly account fee waiver will also apply if you’re under 21 years of age. You may also be eligible for a different monthly account fee exemption if you have an aged disability or war veterans pension deposited in your account, have a balance of $50,000 or more in eligible contributing accounts, are reliant on over the counter services because of a disability or have an eligible home loan. Find out more about rates and fees.

3 Student discounts apply if you are a tertiary student at an educational institution located in Australia or are undertaking an Australian Apprenticeship.

Monthly account fee waived once you show us suitable student identification or confirmation of enrolment in branch. The waiver will be applied based on the expiry date listed on your Student ID. If your studies exceed 5 years, you will need to visit a branch and present your student ID again after 5 years to continue receiving the waiver.

4 A fee up to $11 AUD may apply.

The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 68KB). Full terms and conditions for the transaction and savings accounts (PDF 660KB) mentioned and Electronic Banking are available here or from any branch of the Commonwealth Bank.