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 It’s best for you to setup a VND account as well as an AUD account for safe and easy banking.
VND Account
Opening a VND bank account with Commonwealth Bank branch in Vietnam will allow your parents to deposit money into your account, which you can instantly access your money from Australia. With the extensive network of distribution in Australia, Commonwealth Bank allows you to access your money almost everywhere in Australia. With the connection to MasterCard network, you can even access your VND account from countries around the world. These functions make it easier for students and parents to feel at ease.
| Benefits
 - Money will be transferred safely and seamlessly to Australia
- Access your funds immediately in Australia
- Easy to use everyday banking in Vietnam
| Rates & Fees
- No monthly account fee
- No withdrawal limit from Commonwealth Bank ATMs
| What do I will need?
- Complete an application form
- Identification (ID card or passport)
- Minimum opening deposit of VND 1,000,000
| | More info | More info | More info |
AUD Account
You will use your AUD account for your everyday expenses such as paying your bills and accommodation and buying groceries. Commonwealth Bank will help you set up your AUD account and will provide you with your bank details before you leave for Australia. So there’s one thing less you need to organise when you’re there.
Once you’ve setup an AUD Account, you can start transferring money. However, you won’t be able to access your money until you arrive in Australia.
| Benefits
- Easy to use everyday banking in Australia
- More than 4,000 ATMs in Australia
- More than 1,010 branches in Australia
- 24 hours, 7 days a week support.
| Rates & Fees
- No monthly account fee.
- No withdrawal limit from Commonwealth Bank ATMs
| What do I will need?
- Complete an application form
- Identification (ID card or passport)
- Minimum opening deposit of AUD 250
| | More info | More info | More info |
Applying online
1. Complete an application form to setup Streamline bank account.
2. Within 5 working days, one of our consultants will contact you to provide your bank account details you talk and you about how to use your account.
3. A welcome letter will also be emailed to you containing your new account details.
4. When you arrive in Australia, just simply visit you nominated Commonwealth Bank and present your welcome letter along the following to pick up you ATM card:
- Your current passport
- Confirmation of Enrolment or your Student Card
Internet Banking
It’s very convenient and safe to have Internet banking. In Australia, almost everything can be paid or purchased online, so you don’t even have to leave your house to pay for bills if you are swamped with your studies. It also makes it easier for you to manage your finances. You can easily setup your Internet banking whilst you’re in Vietnam.
| Benefits
- Manage your finances online
- Easiy transfer money to any account online
- Enjoy shopping and paying your bills online.
- No need for bank statements
| Rates & Fees
- Free registration
- No service charge to check Account balance and transtactions.
- No service charge to you BPay to pay your bills online.
| What will I need?
- An AUD bank account
- Visit our branch for us to help you
| Setting up a bank account and Internet banking at Commonwealth Bank is easy by:
- Visiting our Commonwealth Bank branch or
- Calling toll free 1800 1507
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