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Everyday Living



One of the first things you need to do upon arrival in  Australia is to open a bank account to help manage your day-to-day banking/activities. This type of account is know as  Transaction account or Everyday account. It is typically  the account to use to access your cash, transfer money into, or pay bills. If  you are working, this will be the account your employer would likely pay you into.

When it comes to Identification requirements, Australian banks use a points system. There’s a given list of documents, and each is assigned a set number of points. In order to open a bank account, you’ll need to present a number of documents that add up to 100 points. This is a government-adopted personal identification system, designed to combat fraud.

Guide on opening a new bank account from the Big 4 banks. Information about transferring money between Myanmar and Australia are also available on these respective bank websites.