When considering your personal banking, there is a variety of financial institutions to choose from. You might prefer one of the ‘big 4’ Australian banks (Commonwealth Bank of Australia, ANZ, National Australia Bank, and Westpac); or you may want an account with a local bank (BankSA, Bendigo & Adelaide Bank), or perhaps one with overseas branches (HSBC).
Each bank offer different products; although many of them have ‘student accounts’ with no administrative fee or minimum savings requirements. It’s not a bad idea to Google the banks’ websites, where you can check out exactly what types of accounts they have, and choose the one that suits you best. Personal recommendations from your more senior friends can also be useful.
When it comes down to actually going to the bank to open up your new account, one thing to remember is to bring as many forms of identification as possible, as banks have their own stringent requirements of checking ID. Passport is essential, also desirable is your student card if you already have it, otherwise driver’s license or national ID card from your home country, or any other ID you can think of.
Before you go, don’t forget to check the opening hour of the banks – most banks in Adelaide are not open on the weekends, with a few exceptions – to make sure your trip doesn’t go wasted.
Hope you have all had a nice week.