Pre Departure Account Opening in Australia

Pre Departure Account Opening in Australia

Open an account at a bank in Australia before departing from Malaysia.

Why open an account

About National Australia Bank

Known locally as NAB, the National Australia Bank is one of Australia's largest banks and is ranked as the safest Australian bank and number 17 overall World's Safest Bank*.

Opening an Australian bank account before you arrive offers you a number of benefits including:

  • Having one less thing to do when you arrive;
  • You can transfer funds to Australia up to 12 months before you arrive, so your money will be waiting for you;
  • Your ATM/debit cards will be ready for pickup on arrival;
  • Easy identification process - you just need to show your passport to your named NAB banker within 6 weeks of arriving in Australia;
  • You can advise your Australian employer of your account details before you leave home so they can ensure you're on the payroll before you arrive in Australia.

*Comparison of long-term credit ratings and total assets of the 500 largest banks - Global Finance Magazine 2014. NAB recommends you consider the terms and conditions, Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding any of the products above. These products are issued by National Australia Bank Ltd ABN 12 004 044 937 AFSL 230686. Any advice contained in this brochure has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice in this brochure, NAB recommends that you consider whether it is appropriate for your circumstances.


Opening an account is easy:

  • A simple online application;
  • No application fees, no minimum deposit and no monthly account fees (on NAB Classic Banking and NAB iSaver accounts)
  • Fast account opening, normally within 2-5 working days;
  • The ability to open your account up to a year before you arrive in Australia;
  • A named banker who will assist you before you arrive;
  • A national network of branches and ATMs;
  • Your ATM/debit cards ready for pickup on arrival;
  • A simple identification process - just present your passport to your named banker within 6 weeks of arriving in Australia;
  • Option of an online savings account that pays competitive interest.

3 easy steps to open an Australian account:

Step 1 Apply online, it only takes 10 minutes
We don't need copies of your identification or any other documents at this stage, but we will need to check them once you arrive in Australia.
Step 2 You'll receive a welcome email with your account details including your named banker's contact information and branch location. You can choose to transfer funds into your account at your convenience before you arrive. 

Please note that you can deposit funds into your account, however withdrawals can't be made until you arrive and pass the necessary identification requirements, which differ in each country.
Step 3 Arrive in Australia and meet your banker to be formally identified. Once you have successfully provided proof of your identity as required by Australian law, your banker will activate your account and provide you with your new bank cards. You will now be able to access any funds you had transferred before you left home.

Other Information

NAB Classic Banking

The standard account NAB offers is the NAB Classic Banking account that enables you to pay funds directly into from overseas.

Account features:

  • No monthly account service fees, ever.
  • No opening or minimum balance requirements.
  • No overdrawn fees.
  • Access to our national NAB branch network.
  • Access to over 3,400 NAB ATMs and rediATMs Australia wide without paying additional ATM fees.
  • ATM access in eight different languages.
  • A named banker.
  • Unlimited access to NAB branches, NAB Visa Debit** and EFTPOS, NAB Telephone Banking, NAB Internet Banking and NAB Internet Banking on your mobile as well as access to iPhone,1 iPad1 and Android2 mobile phone applications, which are free to download.
  • Access to special offers on shows, events, experiences and movies from Visa Entertainment via your NAB Visa Debit card.

NAB iSaver

You can combine your NAB Classic Banking Account with NAB iSaver, a high interest online savings account which you can pay funds into directly from overseas.

Account features:

  • No bank fees - no transaction or monthly account keeping fees.
  • Interest calculated daily and paid monthly on every dollar.
  • No minimum or opening balance requirements.
  • Unlimited deposits and withdrawals without affecting your interest rate.
  • Move money between your accounts through NAB Internet and NAB Telephone Banking without any transfer fees.
  • Access to savings through a linked NAB Classic Banking account.

**Visa Debit Card only available to customers aged 18 or over. 1. iPhone and iPad are trademarks of Apple Inc. 2. Android is a registered trademark of Google Inc. 3. Terms and conditions available on application. Interest rates are subject to change. The NAB iSaver account must be linked to a NAB Classic Banking account. Transfer of funds from the NAB iSaver is only available through a linked NAB account. There are no transfer fees between the iSaver and the linked NAB Classic Banking account. 4. Access to funds in the NAB Classic Banking account will be available after verification of your identity at a NAB branch in Australia. Your account can receive funds, however withdrawals cannot be made until you arrive and pass the necessary identification requirements.

Contact Us

We are ready to listen. Our Customer Care Hotline at 1300 88 6688 or 603-7844 3696 (overseas) is open 24 hours a day, 7 days a week.