What to do before you arrive:

What you need to open an account:

  1. Your passport number and email address.
  2. Your arrival date and know the Australian city you're arriving in.
  3. To arrive in Australia within 12 months.
  4. Be at least 18 years of age.
  5. Appropriate visa approval.
  6. To have the account opened prior to arriving in Australia.

Why bank with us?

No monthly fees

It's your money – keep the cash up your sleeve for something else

Easy access to your money

Check your account balance from overseas with view-only internet banking

Specialist migrant bankers

Speak with an expert who specialises in migrant banking once you arrive

Ready to get started?

When opening a bank account in Australia, you get:

  • no monthly account fees and no minimum monthly deposits
  • no ATM withdrawal fees at NAB ATMs across Australia
  • a NAB Debit card.

Apply now

What to expect

Opening and using your account

  • Step 1

    Apply for a new NAB account online – it’s straightforward and takes around 10 minutes to complete.

  • Step 2

    Opening a bank account in Australia from overseas takes up to three business days – we’ll email you a welcome letter with your NAB account details.

  • Step 3

    You can now transfer funds to your NAB account and view your balance using NAB Internet Banking.

  • Step 4

    When you arrive in Australia, visit your NAB branch – a banker will check your identification and provide your NAB Debit Card.

  • Step 5

    You can now move your money around using NAB Internet Banking and withdraw money using your NAB Debit Card.

Transferring funds to your NAB account

Here's what you need to know:

  • You can deposit money into your account using International Money Transfer via your current bank or preferred money exchange.
  • You will need your NAB account number, NAB SWIFT code (NATAAU3303M) and details of your nominated NAB branch (they’re in your Welcome Letter).
  • You don’t need an IBAN number to transfer funds to your new NAB account.
  • You will need to check with your bank, financial institution or money exchange to find out what fees, charges and foreign currency exchange rates will apply.

Find out more

Still have questions?

Here are some frequently asked questions

I’ve already arrived in Australia. Can I still apply through NAB’s migrant banking channel?

No unfortunately you can’t however you can apply to open an account by visiting a NAB branch. You can only apply through the migrant banking channel when opening a bank account in Australia from overseas.

Can I receive my NAB Debit Card before I arrive in Australia?

No, you can’t, unfortunately. Your NAB Debit Card will be delivered to the NAB branch that you nominate when you complete your online application.

How do I organise an appointment with a NAB banker when I arrive?

Your Welcome Letter, which you’ll receive by email after you apply online, will contain the details of your nominated branch, the name of your NAB banker and will outline what you need to do to organise an appointment.

Do I have to open both a NAB Classic Banking account and a NAB iSaver account together?

No, you don’t. You can simply open a NAB Classic Banking account. You can’t open a NAB iSaver account on its own, unfortunately, as it needs to be linked with a NAB Classic Banking account.

Can I give my Australian employer my account details before I arrive in Australia?

Yes, you can. You simply need to provide them with your new NAB account details, provided with your Welcome Letter, which you’ll receive by email after you apply online.

Does every NAB branch have a specialist migrant banker?

Not all NAB branches have specialist Migrant Bankers, after we process your application our Migrant Banking team will direct you to a branch that does.

If you have any questions please contact the NAB Migrant Banking team on +613 8634 1393 9am to 5pm AEST Mon – Fri or send us an email