Banking in Australia

Are you moving to Australia within the next 12 months?

As a special welcome to Australia offer for migrants, if you  open an Australian bank account before you move or when you arrive in Australia, we will waive the $5 monthly service fee on the Westpac Choice Account for the first 12 months. 

One of the first and most important things you might need to do when moving to Australia is open an Australian bank account.

Westpac, Australia's first bank, is one of the largest, oldest and most reputable financial institutions in Australia. We have a long history of helping migrants with their banking needs in Australia.

We have two Australian bank accounts designed to cover daily banking needs1:

  • Westpac Choice - an everyday account
  • Westpac eSaver - a 24/7 online savings account with a competitive interest rate which links to Westpac Choice for access to savings


Moving to Australia - open a Debit Mastercard account

Debit MasterCard

Access your own money across Australia and overseas through ATMs and EFTPOS as well as online and over the phone – wherever MasterCard® is accepted.

Debit MasterCard

Things you should know

MasterCard® is a registered trademark of MasterCard International Incorporated
This information does not take your circumstances into account. Read the relevant Product Disclosure Statements or other disclosure documents before making a decision. Unless otherwise specified, the products and services described on this website are available only in Australia from Westpac Banking Corporation ABN 33 007 457 141 Australian Financial Services Licence 233714 Australian credit licence 233714. Conditions and fees apply.  The most recent published financial statements, the annual report and capital adequacy and risk disclosures of Westpac can be obtained free of charge at

1. You will be required to complete an identity check prior to being able to make withdrawals from your account.