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Banks & Tax File Number

Travel Forums Australia / New Zealand & The Pacific Banks & Tax File Number

1. Posted by Jeni (Budding Member 9 posts) 12y

Jeni has indicated that this thread is about Australia

Has anyone got any advice about which bank to use in Oz. I've heard you can open an account before you leave and also apply for a Tax File Number...but what address details do you give them in Oz?!

Any help would be greatly appreciated


2. Posted by Sam I Am (Admin 5588 posts) 12y

Hi Jeni,

There is one bank that I know of that offers an account which you can get before leaving home. The problem is it's really expensive to deposit money into and it doesn't have any offices in Australia as far as I know that you can use to take out money.

Smarter, at least in my opinion, is to get your account sorted out once you get to Australia. The banks all offer some kind of account that is ok to use. ANZ has a good/cheap one for example and I had a Commonwealth Bank one back in the day. Both of these banks have tons of offices around Australia and as you get a few free withdrawals from their own offices each month, that will save you some bucks. For the first few weeks you can usually use your ATM card from your account back home. As long as it has a Maestro or Cirrus logo on the back you'll be fine. You'll need a postal address in Australia though for any bank account, just so you know. You don't have to prove you will be there for the entire year or anything like that but still...

Re. the tax file number. I am pretty sure this is only available after you have arrived. You can't apply for it without the visa stamped in your passport, which isn't the case untill you arrive in Australia these days as far as I know.

Another way is to use an organization that offers help (an address, advance bank account opening etc.) getting started the first few days after you arrive. That's the best way if you want to plan these things ahead of time as you'll need some kind of local address. There's a few organizations around, BUNAC for example but there are others.

Hope that helps :)



3. Posted by Jeni (Budding Member 9 posts) 12y

Thanks very much for your help!