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NAB Bank

About NAB Bank

"National Australia Bank is one of Australia's four largest financial institutions in terms of market capitalization, earnings, and customers. NAB was ranked the world's 21st-largest bank measured by market capitalization and the 52nd-largest bank by total assets in 2019. NAB personal banking financial solutions include online banking, bank accounts, credit cards, home loans, and personal loans. "

Why is NAB bank for an International student?

  1. No monthly account fees.
  2. No ATM fees at over 7000 Australian ATMs.
  3. Easy account management through the NAB app or NAB online banking portal.
  4. Shopping protection with NAB defense and Visa Zero Liability.
  5. Access to Visa Entertainment rewards.

Am I eligible ?

Make sure you:

  1. Be over the age of 14.
  2. Have arrived in Australia in the past three months.
  3. Are a tertiary student at an educational institution located in Australia or are undertaking an Australian Apprenticeship.

Documents required to open a NAB bank account?

  1. Passport of your home country.
  2. Visa grant papers or student ID.
  3. Australian mobile number.
  4. An email address and residential address.

How to Apply Online ?

Step 1:

Visit the NAB website.

Step 2:

Click 'Get started' and you will be transferred to our secure online application form. Complete all sections and click on 'Submit'.

Step 3:

Your account will be opened, initially restricted to accept deposits only.

FAQ's

NAB (National Australia Bank) is one of the largest banks in Australia and offers a range of bank accounts to suit different needs. NAB offers various types of bank accounts, including transaction accounts, savings accounts, and term deposit accounts. These accounts provide features such as online and mobile banking, access to ATMs, and the ability to make payments and transfers. NAB also offers additional services such as credit cards, personal loans, home loans, and insurance products.

The daily ATM withdrawal limit for NAB (National Australia Bank) customers depends on the type of account they have and other factors such as their transaction history and credit limit. For NAB Classic Banking account holders, the daily ATM cash withdrawal limit is $1,000 within Australia and $2,000 overseas. However, this limit may be lower for some account types or customers with specific needs.

To open a NAB (National Australia Bank) bank account, you will typically need to provide the following documents: Proof of identity: A valid passport or Australian driver's license is typically required as proof of identity. If you don't have an Australian driver's license, you may need to provide a secondary form of identification such as a birth certificate, citizenship certificate, or international passport. Proof of address: You may need to provide proof of your residential address, such as a recent utility bill or rental agreement. Student visa: If you are an international student, you will also need to provide your student visa as proof of your residency status in Australia. Tax file number (optional): You may choose to provide your tax file number (TFN) to NAB when opening your account. This is not mandatory, but it can help you avoid paying extra tax on your interest earnings.

Yes, you can open an NAB (National Australia Bank) account online through their website. To open an account online, you will need to provide personal details such as your full name, date of birth, and contact information. You will also need to provide identification documents such as a valid passport or Australian driver's license, and proof of address such as a recent utility bill or rental agreement. Once you have provided the required information and documentation, NAB will review your application and notify you if your account has been approved. If approved, you will receive your account details and be able to access your account through NAB's online and mobile banking services.

NAB's internet banking and mobile app allow customers to make international transfers, but the limits may vary depending on the transfer destination and the payment method. For example, the daily limit for international transfers using NAB's internet banking is currently AUD 500,000, while the weekly limit is AUD 1,000,000. However, customers may be able to request higher limits for specific transactions by contacting NAB's customer service or visiting a branch.