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Australia Banking & Exchange Rates
Overseas visitors can open a bank account within 6 weeks of arrival into Australia simply by presenting your passport. If 6 weeks has elapsed you will need to provide identification which adds up to at least 100 points.
· Birth certificate, passports equals 70 points
· International Driver's licence equals 40 points
· Credit cards, student cards, id cards equals 20 points
· Commonwealth Bank
· ANZ Bank
· Macquarie Bank
· Westpac Bank
· National Australia Bank
· St George Bank
There are 24-hour automatic teller machines (ATMs) at the majority of banking institutes, at convenience stores across most cities and towns in Australia. Most banks have a $1000 per day withdrawal limit.
Check with the banks or licenced moneychangers for the daily rate.
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