Commonwealth-Open and Australian Bank Account

Moving to Australia? Start your new life today, with Australia’s leading bank.

Moving to Australia is more than a change of address. It’s a brand new lifestyle to navigate. But first there’s the admin. Commonwealth Bank can quickly organise your bank account today. So there’s one less thing to worry about when you arrive (apply two weeks before you leave for Australia).

Banking in Australia

Commonwealth Bank has been helping customers move their finances to Australia since 1949. Our dedicated International Premier and Retail Banking team are only a phone call or email away.

The security of Australia’s leading bank

As Australia’s leading provider of integrated financial services, Commonwealth Bank combine strength and security with the backing of specialist teams, services and an extensive range of flexible and competitively priced products.

Enjoy the convenience of:

  • More than 950 branches nationally
  • Australia’s largest bank ATM network
  • NetBank, where you can access and manage your money online – anywhere, anytime
  • The award-winning CommBank app, the easy way to bank on the go
  • Personalised support of a Relationship Manager when you earn an annual income of $80,000 or above*
  • Instant account opening and a dedicated support team

Opening an account with the Commonwealth Bank is fast, easy, secure and provides you with instant access to your account details. You can start transferring money to your new Australian account straightaway+ and view your balance online before you arrive, using Australia’s number one online bank NetBank^.

To instantly open an account or for personal support, simply click here.

Things you should know: Commonwealth Bank of Australia ABN 48 123 123 124 is a company incorporated in Australia. *We will need to verify your proof of income and visa to qualify for this service. +Customers will be able to withdraw their funds once they arrive in Australia and identify themselves at a Commonwealth Bank branch. ^Customers will have limited access to NetBank until they arrive in Australia and identify themselves at a Commonwealth Bank branch.

Open an Australian bank account from New Zealand online and save yourself time, money and stress!

You are going to need a bank account, so learn from my mistakes and open an account before you go. Open an Australian bank account in less than 4 mins. Save time, money and stress! Pick up your eftpos card when you arrive and start living.

Editors Note: My husband and I both are with Commonwealth and we love them! Coming form NZ we expect a high level of customer service and Commonwealth has exceed both of our expectations!

I waited until I arrived in Australia to open my account, while my husband opened his online before we left (https://www.commbank.com.au/personal/).

Silly me! I didn’t have the paperwork they needed and ended up leaving the bank and opening the account online like my husband did. While he left the bank with his eftpos card and started living right away. Learn from my mistake!

Apply online for an Australian bank account now!

Opening a Commonwealth Bank Account

Commonwealth Bank have created a unique online application form so you can enjoy the convenience and speed of applying online for an Australian bank account now!

To open an Australian Commonweath Bank account simply click here and fill in the below simple steps:Open an Australian Bank Account

  • Account Type
  • Personal Details
  • Arrival and Employment
  • Visa Type (SCV = Other)
  • Choose a NetBank password and print your welcome letter

The form will take less than 4 minutes to complete! Click here to start.

Still got questions?

If there is anything else you would like to know about, please ask me a question using the below comment system and I will do my best to find the information you need.

6 Comments

  1. Vivian

    July 31, 2019 at 2:33 am

    Hi, how do I keep paying my debt(not student loan) that I have with ASB after I move to Australia?
    Thanks!

    Reply
    • JJ Smith

      August 12, 2019 at 1:53 am

      Hi Vivian,
      Thank you for your comment. Sorry for the delay in replying.
      You will be able to transfer money into your ASB account from Australia. From there you will be able to transfer it where ever you need.
      I do recommend you setup an account with XE or OFX, which will save you transfer fees and get you the best foreign exchange rate. Read this post which explains money transfer: https://www.movingtoaustralia.co.nz/foreign-exchange-money-transfer/.
      Please feel free to email me back any further questions you have.
      Good luck with your move.

      Reply
  2. Misty

    March 17, 2019 at 11:27 pm

    Hi, I just send you guys a message but I have another question:) I currently bank with westpac here and I’ve just opened up an Australian westpac account. Would it be okay to start putting money in that account? Sort of as a savings account, so that when we do move over our money will be in that bank account, and I can close my New Zealand one. Thanks!

    Reply
    • JJ Smith

      March 17, 2019 at 11:29 pm

      Hi Misty,
      That’s great that you have already setup a bank account. Sorry but I don’t know exactly how Westpac accounts work. I know you are able to transfer funds into a Commonwealth account as soon as it is setup and I don’t see why this would be any different.
      I do recommend you transfer money using XE or OFX rather than your bank. You will save the $10-$25 fee on each transfer and get a better rate: https://www.movingtoaustralia.co.nz/foreign-exchange-money-transfer/. It is simple to setup an account and schedule transfers.
      Good luck with your move.

      Reply
  3. Jodie

    December 19, 2018 at 9:15 pm

    Hi, are we still able to open an account with commonwealth if we are unemployed? I am moving to Brisbane and will be seeking full time employment once I arrive.

    Reply
    • JJ Smith

      December 19, 2018 at 10:57 pm

      Hi Jodie,
      Thank you for your comment.
      Yes you are able to open a Commonwealth Bank account while unemployed and looking for work.
      The only condition is that you deposit AU$50 within 6 weeks of opening the account.
      Please feel free to email me back any further questions you have.
      Good luck with your move.

      Reply

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