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What You Need To Know About Banks In Australia?

Banks in Australia

If you want to work or live in Australia, sooner or later you would need to open a bank account. To understand which account is better, you first need to understand a little bit about different banks in Australia and what services they offer.

Big Four Banks

There are 4 major banks in Australia, also called “big four banks“.

Commonwealth Bank of Australia (also called CommBank or simply CBA)

Commbank is the largest bank in Australia. It has an extensive network of branches and nearly 4000 ATMs in Australia. CommBank also boasts of a very user-friendly online banking interface as well as a sophisticated mobile app.

National Australia Bank (NAB)

Though NAB provides similar features to the other big four banks, it is the only bank which provides an unconditionally free account. In other words, it is the only big bank,

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Filed Under: Expat Life, Moving To Australia Tagged With: ANZ bank, Australian banks, Bank accounts, Bank features, Commonwealth bank, ING, NAB, Westpac

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About Me

Hi! I am Harsh. Welcome to Aussian - a unique place where I share my journey of moving from India to Australia and my experiences "Down Under". I hope that the information I share will help with your own preparations.

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Did You Know?

Australia has the world’s longest straight stretch of road without any turns for 146 KM. It is commonly known as the “90 Mile Straight” due to it’s signpost. Incidentally, Australia also has one of the longest stretch of railway track stretching about 478 KM.

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