Australian Banks
Australian Banks – There are generally two categories of banks; Australian banks and foreign banks. Foreign banks belong to nations that have branches inside Australia, such as Arab, Egyptian, Chinese, etc. banks. Here is what is said about banks. More information about each of the banks can be found by visiting their websites.
AMP
Founded in 1984
One of Australia’s largest shareholders
Banking services include ordinary banking services, insurance, retirement, investing, real estate, and assets.
Australian Branches: Sydney, Perth, Brisbane
New Zealand Branches: Hobart, Wellington
Full Information:
https://www.amp.com.au/wps/portal/au
ANZ
Founded in 1800
Australia’s fourth-largest bank
Internet service provider and online banking
Banking services include ordinary banking services, credit cards, mortgages, personal loans, insurance, small and large investments, fiduciary, and travel services.
The main branch is in Melbourne. Other branches in all major cities and towns of Australia and New Zealand and many parts of the world. See the branches here.
Full Information:
http://www.anz.com/personal
Bank of Queensland – Australian Banks
The oldest bank in Queensland was established in 1874
Internet service provider and online banking
Provider of various banking services
It has many branches, 270 branches, 152 branches in Queensland, 52 branches in New South Wales, 23 branches in Victoria, and 34 branches in Western Australia. Find the branches here.
Full Information:
http://www.boq.com.au
Bendigo and Adelaide Bank
Founded in 1858 as the Bendigo Bank
Merger with Adelaide Bank in 2007
Banking services include ordinary banking services, mortgages, personal loans, insurance, credit cards, short-term and long-term deposits, and business services.
It has more than 400 branches in different parts of Australia
Main branches in Bendigo, Adelaide, Melbourne, and Queensland.
Full Information:
http://www.bendigobank.com.au/public/
Commonwealth Banks
Founded in 1911
One of the largest banks in Australia
International Bank in trade cooperation with Fiji, Asia, New Zealand, USA, UK
Provider of all kinds of banking services and all kinds of commercial and investment services
The first branch in Melbourne.
Other branches are all over Australia and other parts of the world. Australian Branches
Full Information:
http://www.commbank.com.au/
Macquarie Bank
Established in 1969
International Bank has branches in different parts of the world
Provider of various banking services
The main branch in Sydney
Full Information:
http://www.macquarie.com.au/mgl/au
Bank ME
Established in 1994
The main branch in Melbourne
Sub-branches across Australia
Provider of various banking services. Sub-branches
Full Information:
http://www.mebank.com.au/
National Bank of Australia
Founded in 1893 in Sydney
One of the four largest banks in Australia and the 17th largest in the world
Provider of various banking services
Branches in all parts of Australia
Full Information:
http://www.nab.com.au/
Westpac Bank
Founded in 1817 in Sydney
One of the four largest banks in Australia
International Bank, branches in most parts of the world and Australia and New Zealand. With 1,200 banking branches and 2,800 ATM branches, it has the largest bank branches among Australian banks. Australian Branches
Provider of various banking services
Full Information:
http://www.westpac.com.au/
St. George’s Bank
Founded in 1848 in South Australia
Currently operating as a branch of Westpac
Provider of various banking services
It has branches in Victoria, Queensland, and New South Wales and two foreign branches in India and Bangladesh. Australian Branches
Full Information:
http://www.stgeorge.com.au/
Suncorp-Metway Bank
Founded in 1996 in Brisbane
One of Australia’s largest banks
The main branch is in Brisbane. Other branches all over Australia. Branches
Provider of various banking services
Full Information:
http://www.suncorp.com.au/
Reserve Bank
Founded in 1960 in Sydney
Banking service provider to the Australian Government and government agencies
Famous banks in Australia
There are many banks in Australia that can offer you a variety of services. Some of these banks, such as NAB and ANZ, do not deduct monthly service fees from you, but some banks, such as WESTPAC, deduct about $ 5 per month from your account. Commonwealth and HSBC are also some of the most popular banks in Australia.
Documents required to open an account in Australia
Once you have decided to open an account, you can apply online, at bank branches, or by phone. Depending on the type of bank account, it is necessary to prepare your documents. These documents usually include a passport and a residential address. Account opening is done as a contract with the bank, so you have to read and accept the terms related to it. If you have the necessary information, conditions, and documents, your application will be reviewed and a bank account will be opened for you.
Complete identity control
Before opening a bank account for the first time in Australia, you need to prepare your identification documents for the bank. This can be done as soon as you arrive in Australia or in some cases outside of Australia (at some financial institutions such as Westpac you can open an account in your home country before arriving in Australia). Until the completion of identity control and other conditions are provided, you can only save your funds in the account you have opened, but withdrawal from the account is not possible. Contact the same bank where you want to open an account to find out the identification documents for opening an account.
Money transfer
There are many ways to transfer money to Australia. If you have opened an Australian bank account before leaving your country, you can deposit your funds into a new account so that your money arrives when you arrive in this country. By sending the account number and BSB number, the exchange can transfer the amounts to you.
There are many options for accessing funds in Australian bank accounts:
Bank branches: You do not need to travel to find bank branches because most department stores have branches from major banks and banks outside Australia. It is the best choice for more complex transactions such as currency exchange or face-to-face loan applications. Depending on the process of bank account and identity, it is necessary to refer to the relevant branches and confirm the original papers or sign the documents. ATM: There are thousands of ATMs in this country that in addition to withdrawing money, you can transfer money between accounts and view your bill. Your bank’s ATMs offer their services for free, while other ATMs may charge a small fee for each transaction. For example, with Westpac Bank ATMs, you can access your money through 1.5 million ATMs worldwide. There are more than 3,000 ATMs in Australia itself.
EFTPOS: Electronic funds are transferred at the point of purchase, which means you can purchase goods through the counter at the point of purchase using standard credit cards. For example, if you are going to buy in a supermarket, you can use EFTPOS (money transfer at the point of purchase) to pay for it. Mobile phone or tablet: Setting this up requires initial registration with the bank to download the application. With the increase of smartphones and their increasing use, more and more people are doing their banking transactions via mobile phones. The convenience of work is clear and is available at any time and place. You can even pay by touching your mobile phone.
Internet or online banking: Online banking requires initial registration with the bank. As soon as you register, you can log in to your account via the Internet and do your banking online. This is done easily, safely, and cost-effectively. Wireless Cards: Visa payWave or PayPass credit cards allow you to use wireless technology for purchases of less than $ 100. Without entering your card. You need to place your card in front of the purchasing terminal to make the payment faster.
