As an expat in Australia, choosing your bank wisely is essential. As you will see below, there are several categories that may be more or less suitable for you, depending on your needs. Expat.com recommends you the following banking establishments.
Premium banking for expats
The following banking establishments are experts in global personal banking, designed specifically for expatriates.
As a bank focused on those living and working abroad, HSBC Expat offers expert banking and wealth management services, providing expats with a secure, central place to easily manage and grow their money, no matter where they move.
With minimal account maintenance fees and cheaper international money transfers compared to traditional banks, neobanks are made for you if you are preparing for your move abroad or if you travel internationally quite often (for work or holiday purposes).
A multi-currency account cheaper than a traditional bank. Made for frequent travellers or expatriates to spend their money abroad without hidden fees, using the real exchange rate and holding and converting money in 56 different currencies.
The financial app that has revolutionised international mobility by offering international money transfer and exchange services in over 35 countries and in 30 different currencies. Its mission: to abolish borders for its 15 million customers worldwide.