When you arrive in Australia, we recommended that you have access to approximately AU$3,000 to cover any immediate costs. The following cards are accepted in Australia:
You will be able to withdraw money at Australian automatic teller machines (ATMs) if your debit card is a part of the Plus, Cirrus or Visa networks. Please ensure you check with your bank before you arrive in Australia as you may need an updated card or pin to access this service.
In the long term, the easiest and most affordable way to access your money in Australia is to set up an Australian bank account. The major banks in Australia are:
ANZ provides specialised information for international students on how to set up an Australian bank account before you leave for Australia.
For more information visit Banking in Australia.
Cost of living
The Australian Government requires you to have access to AU$19,830 per year to meet living costs. Visit our cost of studying in Australia page for more information.
Visit the Australian Government website for further information on Student visa living costs and evidence of funds.
To find out the exchange rate between the Australian dollar and your local currency visit XE Currency Converter.