Insider Guides International Student Guide to Melbourne | Page 16

MONEY & BANKING

16

First Steps

CITY Melbourne
STATE Victoria

Money and banking are vital elements of studying
in Australia so read on to discover more. This
guide contains information on arranging a bank
account, managing a budget and paying your bills.
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Why do I need an Australian bank account?
Opening an Australian bank account will allow you to earn money
in Australia. Any payment you receive from employment or a
scholarship will need to be paid directly into an Australian account.
Additionally you will easily be able to access funds without attracting
fees for international transfers. When opening an account you will be
provided with a debit card, allowing you to shop across Australia and
online without paying additional fees.

studymelbourne.vic.gov.au | melbourne.vic.gov