We can help you organise your finances and get started with your new life as a student in Australia. To make your move easier, it's a good idea to open a bank account before you arrive. Why choose CommBank?
1. The $4 monthly account fee is waived for the first 12 months if you’re a customer looking to move to Australia and open your account using our online application form. After 12 months the fee will apply unless you deposit at least $2,000 a month (or $1,000 if aged 21 to 24) or you meet one of our other fee exemptions.
2. Access fees apply on all overseas ATMs, including the ATMs of ASB Bank in New Zealand and Commonwealth Bank in Indonesia and Vietnam, EFTPOS and Debit MasterCard transactions overseas (or purchases involving currency conversion), transfer group payments to third parties, International Money Transfers and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. The owner of another ATM may apply an ATM owner’s fee at the time of the transaction.
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 (PDF68KB). 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.
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