What Documents Do I Need To Open A Bank Account In Australia- See Here

Are you thinking of opening a bank account in Australia so you must have this question- what documents do i need to open a bank account in australia.

Don’t be worried. Here we are going to help you. Whatever is your age, you are under 18 or 18+, whatever Bank you choose, whether you are a foreigner or an Australian, we are helping you to open a bank account.

Here in this guide all the documents required to open a bank account are described and even this is being mentioned here that how can you open a bank account without documents or ID.

Opening an Australian bank account is not a difficult task. Just you need exact documents which are mandatory and go to apply and see you account opened.

Even in some cases, one can open an Australian bank account online through Mobile and no need of much documentation. So read this article carefully if you want to know what documents do I need to open a bank account in Australia.

What Documents Do I Need To Open A Bank Account In Australia

Without having complete documentation opening a bank account in Australia can be a tough task. There are major documents required for opening bank account.

Although, to open a bank account documents are mostly similar in all banks. nevertheless, some special documents may vary depending on deferent banks.

A List Of Documents To Open A Bank Account In Australia
Identity Documents
Driver Licence
Australian Passport
Residency Proof
Rental Agreements
Visa Details (For Foreigners)
Income Proof (Optional)
Tax File Number (Optional)

A detailed-explanation on what documents do i need to open a bank account in australia is presented below.

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Identify Proof

For opening a Bank account in Australia, one should have identity card that’s typically issued by government. It could be an Australian driving licence or an Australian passport.

This is a primary identification. Those who are foreigners need an international driving licence or simple passport. you are an Australian citizen or foreigner, be ready with your identity card before applying for bank-account.

Passport ID

This is primary identification document. Meanwhile, if you’ve an Australian passport, it shows your address. That’s okay. Besides this, international passport can work for non Australian citizen, if available.

Driving License

At the place of residential address, you can put your driving license if it is available there. Even Lerner’s Permit Document also okay if you’ve it. as well as an international driving licence maybe workable for foreigners.

Residential Address

This is your secondary identification documentation. Generally, you are required that your citizenship should be Australian.

While applying for opening bank account, you need a document that demonstrate your Australian residential address. Residential documents can be as bills payment slip, medicare card or rental agreements.

Age Certificate (Optional)

Any document which exists or presents your age is required as secondary identification document but it is not mandatory if other general documents you have.

Birth Certificate (Optional)

Birth certificate or age certificate, both can be in one. The thing to be remembered is you should have a document that shows your compete birth details. Although it is for secondary identity proof, but might be required.

Details of Your Visa

This is just for foreigners who want to open a bank account in Australia. You should have details of your visa. such as the date, when your visa expires and Visa Grant Number. In fact, be ready with a copy of your visa that can be required.

Income Proof (Optional)

Income proof document is preferred to open a bank account in Australia. Especially for those who are opening as a business bank account.

If you are a business owner or anyway you are running a business, you may need to prove your income with documents. this can include recent payslips or any other tax returns or later of employment.

Tax File Number (Optional)

Tax file number (TFN) is also not much obligatory but if you are rich person and pay for tax, then having a text file number with a document is better when you are going to open a bank account. it will help you in insuring that if any interest earned on your account is texed correctly.

For those who are newbies in Australia, getting these all documents can be little bit hard. If you are one of them then there are other ways for you to open a bank account in Australia. In that case you can open your bank account online.

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What Documents Do I Need To Open A Bank Account In Australia As A Student

If you are a college student or under 18 and want to open a bank account, You are required to provide some additional documents.

As we already mentioned about general documents which are majorly needed. These other documents can be extra particularly for students…

  • Enrollment Proof in AU Education Institute.
  • Student ID Card
  • Student Visa
  • Parental Consent (If under 18)

Remember that opening a bank account as a student can be beneficial, because there are some banks that provide a particular student account with extra benefits.

What Documents Do I Need To Open A Bank Account In Australia As A Business Owner

If you are a businessman and you need to open a bank account in Australia. additionally you may be required to have other documents which present your business as Australian Business Number etc.

Can You Open A Bank Account Without ID In Australia?

In general, you can not open a bank account without ID in Australia but still there are some options if you do not have an ID. if you are an Australian you should not have this question but who are non australian, they may ask this question.

Well, opening a bank account in Australia needs primary ID documents and secondary ID documents. In case, if you are not Australian citizen, there are other options to open a bank account without pacific ID.

Particularly if you have driving licence or any other kind of ID proof as passport, you can open a bank account easily in Australia.

How To Open A Bank Account In Australia?

If you are ready with all the documents which are required to open a bank account in Australia so now it’s time to open bank account.

Opening bank account is easier and straightforward process. All the major steps are given below to open a bank account in Australia.

Choose A Perfect Bank

Before going to open a bank account, make sure you have chosen the right Bank that meets and completes your needs. There are various types of banks for various purposes so choose the best bank for you.

Select Account Type

After you have chosen a bank. the second step is selecting a type of accounts. If you are a student, you should choose specialized student account. Others there are checking accounts, saving accounts etc.

Be Ready With Documents

Before going to the bank or applying online gathering all the essential documents is a major part of an opening bank account in Australia.

What documentation do I need to open a bank account in Australia or what proof do you need to open bank account- all about this, we have mentioned above.

Go to The Bank

Now you can go to the bank that you selected. Even you can apply online through their website. Most of banks give a feature for applying online.

Fill Out Application Form

Now after going to the branch or visiting on their website to open a bank account, get an application and fill out it accurately with all the basic details. Make sure that the details you enter in application form are similar to your documents.

Attach Documents

Whether you are applying online or going to the branch of a bank, you’re required to attach some crucial documents with an application form.

Wait For Verification

After following all the major steps and submitting your application form wait for verification process. After getting verified, you may need to wait for some days.

Within couple of days, your bank account will be ready and you will get an account number and other account details from the bank.

Before applying or going to the branch to open a bank account gather all the documents carefully. As we already guided you on what documents do I need to open a bank account in Australia.

Moreover If you want to know how to open a bank account in Australia for international students, how yo open commonwealth bank account for student you can go down to the menu section of this website.

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Can a non Australian citizen open a bank account in Australia?

If you are not an Australian citizen and want to open a bank account in Australia, indeed it is possible. Even you could try to apply online for opening a bank account. Remember that you may be asked for residency proof and other ID proof.

How can a foreigner open a bank account in Australia?

Foreigner can definitely open a bank account in Australia by following the proper steps. First of all go to select a bank according to your demands and eligibility. To open a bank account in Australia as a foreigner, some concise steps are as here.

  • Select a bank
  • Know your eligibility
  • Gather documents
  • Apply to open
  • Fill out application form

What is address proof for bank account?

For proving your address you can attach electricity bill, telephone bill or postpaid mobile bill, gas bill, water bill, utility bill or any other documents that is related to address.

Do you need a TFN to open a bank account in Australia?

TFN is an optional document. As we already mentioned above in the list of documents required to open a bank account. Rarely Bank can ask you to show your tax file number, when you are running a business or starting a job.

Do you need a birth certificate to open a bank account in Australia?

This we already explained that a birth certificate is not mandatory to open a bank account. it comes in secondary identification. if you have your birth certificate, you can add it. otherwise there is no problem without it.

Conclusion

Opening bank account in Australia can be easier if you have the right documents at the time. In today’s this article we have discussed on what documents do I need to open a bank account in Australia.

Apart from that we try to answer your questions which are asked mostly as What documentation do you need to open a bank account, how to open an australian bank account for non-residents, do i need a TFN to open a bank account in australia etc.

if still a question is remained in your mind can put it in comment box below and get our reply soon.

For getting answer of questions as What ID do you need to withdraw money from bank, How to open Commonwealth bank account for child and many other you can visit to the menu section of this website.

Here are some frequently asked questions which you should read.

FAQ’s

1. What do you need to open a bank account for a child in Australia?

Ans. If you are going to open a bank account for your child, you may need documents such as: child’s birth certificate, parent identity or guardian identity, parent passport etc.

2. What is the easiest bank account to open online in Australia?

Ans. As per our knowledge, the vice multi currency account bank is the easiest one, where you can open a bank account even without australian residency. you don’t need much other documents as well.

3. Can I open bank account in Australia on visitor visa?

Ans. Yes, there is no problem in opening a back account on visitor visa. if you are a foreigner you can open a bank account in Australia if you have visitor visa.

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