TIPS ABOUT LIVING ON THE GOLD COAST
There are many important things you may need to know about studying and living on the Gold Coast. These might include how to open a bank account while you are in Australia, how your health insurance works, or what to do in case of an emergency.
On this page you will find the following useful information:
OPENING AN AUSTRALIAN BANK ACCOUNT
As an international student, understanding and managing your finances is a very important task. Having an Australian bank account can be a good way to organise your expenses and manage your budget.
There are 4 major banks in Australia:
- Commonwealth Bank
- National Australian Bank (NAB)
To open a student account, you will need a copy of your Electronic Confirmation of Enrolment (eCoE), your passport, a letter of offer, and any other forms of identification you can provide. To choose the best option for you, you can ask for advice from your education institution or go to the bank and request information about bank accounts available for students.
Once you get your bank account set up, you will be able to enjoy a different range of options like electronic payments (EFTPOS), access to all the ATM’s available across Australia, and 24-hour online access to your bank account.
Make sure you check if there are any fees you may need to pay for the services of your account. Most of the student accounts are free from monthly fees but you must check this directly with your chosen bank before opening the account.