Opening a bank account before relocating
Do Australian banks allow for it or must you be physically present to do so?
It is possible to open a bank account in Australia before moving to Australia. However, the process may vary depending on the bank and the type of account you want to open.
Most Australian banks allow non-residents to open bank accounts, which means you can open an account even if you are not yet living in Australia. However, you will need to provide identification documents and other information to verify your identity and eligibility.
What is the process to open a bank account?
You can usually apply for an account online, through the bank's website. You will need to provide personal details such as your full name, date of birth, and contact information, as well as identification documents such as your passport or driver's license.
What is required to open a bank account?
The bank may also require you to provide proof of your address, such as a utility bill or bank statement. If you are not yet living in Australia, you can provide your overseas address, but you may need to update this information once you move to Australia.
Once your account is approved, you can transfer funds into the account to activate it. Some banks may also require you to visit a branch in person to complete the account opening process.
It is important to note that some Australian banks may have specific policies or restrictions on opening accounts for non-residents, so it's a good idea to check with the bank directly or visit their website for more information before applying for an account.
