Features and Eligibility

Here’s how you start

  • Open accounts to send money up to 12 months before your arrival

  • Get a NAB Classic Banking account for all your everyday transactions

  • Add a NAB iSaver account when you apply

What you need to open an account

  • Be at least 18 years of age

  • Your passport number, email address and Visa information

  • The date and city you’ll arrive in

Here's what you'll get


Monthly account fees

It’s your money – keep the extra cash up your sleeve for something else.


Overdrawn fees

If you happen to overdraw your NAB transaction account.


Withdrawal fee at over 7,000 ATMs

Access over 7,000 ATMs across Australia, and say goodbye to ATM fees.

  • Transaction fees (within Australia)


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 view your balance and transfer funds using Internet Banking.

  • Step 4

    Before you can withdraw your money, you’ll need to present your ID to a NAB branch in Australia.

  • Step 5

    We'll offer you a debit card for purchases at the branch and then you're good to go! 

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 card can be ordered when you arrive at your nominated NAB branch in Australia.

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

Your Welcome Letter, which you’ll receive by email after your account is opened, will contain the details of your nominated branch, and next steps you’ll need to take once you arrive in Australia.

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 your account is opened.

How do I transfer money to my NAB account?

You won’t be able to withdraw any money you deposit into your NAB account until you present your ID in a NAB branch. You can deposit money into your account using an international money transfer via your current bank or preferred money exchange. You will need your NAB account number, NAB SWIFT code (NATAAU3303M) and details for your nominated NAB branch (they’ll be in your Welcome Letter). Learn more on how to receive money from overseas.

I am an Australian passport holder (Expat) returning to Australia. Can I open an account through NAB Migrant Banking?

Yes. Australian Expats returning to Australia can open accounts through NAB Migrant Banking. As an Australian passport holder you will need to provide another form of identification document in addition to your passport during your identification checks. This could be your original birth certificate, citizenship certificate, driver's licence or a national identification card.

Other options to consider

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Helping you balance your finances with your studies.

NAB iSaver

Enjoy flexibility with your savings while still earning interest. Receive the fixed bonus margin for the first four months on your first new account for balances up to $20m.

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NAB app

Manage your banking on the go with our mobile banking app on your smartphone.

Taking the next steps

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Visa options for working and studying in Australia

Get prepared for your job in Australia by learning about working visas.

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Finding a job

Our career tips can help you find a job in Australia.

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Tax considerations when moving to Australia

Your guide to tax file numbers and other tax considerations in Australia.

Important information

NAB is incorporated in Australia, registered office 800 Bourke Street, Docklands Melbourne, VIC 3000, is an Australian Financial Service Licensee and regulated in respect of its deposit taking business by the Australian Prudential Regulatory Authority.

Personal Transaction and Savings Products Terms and Conditions

Personal Banking Fees and Charges

Indicator rates - deposit products

Target Market Determinations for these products are available at nab.com.au/TMD.