Useful links
Money and banking
Australian money is in dollars ($) and cents (¢) - with 100 cents in a dollar.
We have $5, $10, $20, $50 and $100 plastic bank notes. Our coins are in silver 5¢, 10¢, 20¢ and 50¢, and gold $1 and $2.
Only Australian currency can be used in Australia. Your foreign money can be exchanged at international airports, banks and major hotels. Travellers’ cheques are easier to use if they are in Australian Dollars, however banks will cash travellers’ cheques in almost any currency.
Automatic Teller Machines (ATMs) are readily available for withdrawals 24 hours a day. Most stores and supermarkets also have Electronic Funds Transfer at Point of Sale (EFTPOS) terminals where you can pay directly from your bank account as well as make cash withdrawals.
The most commonly accepted credit cards in Australia are MasterCard, Visa, Bankcard, American Express, Diners International and their affiliates. Most businesses accept credit cards as payment.
Opening a bank account
You should open a bank account as soon as you arrive in Perth.
You will need several forms of identification such as your passport, Student ID card and drivers licence. You may also need to provide a Tax File Number.
Our Australian banks provide specialised customer care and services to all international students. Click on the logos below to go directly to their International Students page:
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