A bank account is a safe and secure place for students to keep their money and almost every business pays their employers directly into their bank account, so it is essential to set one up if you are planning on staying in Australia. A bank account is also essential for students to receive transfers from their home country.

If you open up a bank account within your first six weeks or arriving in Australia, you only need your passport as identification and a permanent address for mail to set up a bank account. If you do not have a permanent address, it maybe possible for the student to use the address of whatever institution that they may be studying at.

Take the required documents into a local bank branch and it only takes around 20 minutes to set up. You should receive your debit card in the post about a week later.