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 an 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

$0

Monthly account fees

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

$0

Overdrawn fees

If you happen to overdraw your NAB transaction account.

$0

Withdrawal fee at over 7,000 ATMs

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

  • Transaction fees (within Australia)

    $0

Opening and using your account

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

  • 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.

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

  • When you arrive in Australia, visit your NAB branch – we’ll check your identification and offer you a debit card for purchases.

  • After the branch, you’ll be good to go – welcome to Australia!
Apply now

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 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). Go here to 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 license or a national identification card.

Other options to consider

Bank accounts for students

Pay no account keeping fees with the NAB Classic Banking account.

NAB iSaver
Access your savings whenever you need them, without affecting your interest rate. 1

NAB app
Whether you’re travelling, budgeting, or online shopping, the NAB app gives you more control everyday.

Taking the next steps

Visa options for working and studying in Australia
Get prepared for your job in Australia by learning about working visas.

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

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

Important information

© 2017 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686. 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