How to open a bank account in Perth

How to apply for a bank basic current bank account Perth

If you don't know how to open new bank account for savings or every day spending you can meet with Camden Davidson from HSBC Bank Australia. They can also offer you investment funds. All banks in Perth have to respect the AML Regulations that is an effect of AML 4th Directive. 27 years ago no one has even heard about the Anti Money Laundering (AML) or Counter Terrorism Financing (CTF). Products like express transfer or reversed factoring where easy to get for almost anyone. All banks like Citibank at Ground, 37 St Georges Terrace, Terrace Perth WA 6000, Australia or HSBC Bank Australia located at 132 Rokeby Rd, Subiaco WA 6008, Australia and other institutions are obliged to nimplement customer Due diligence procedure. This is why some many clients from Array have difficulties in getting overdrafts in Perth.

How to open a bank account in Perth

Learn Bank Basics - what should you know before opening bank account

The essensial knowledge of Bank Basics, is a good reference to help you understand the regulations of your bank.

In this article, you will find all the rules for Bank of Australia, Bank of Nova Scotia and Royal Bank of Canada as well as how they are to be implemented by their banks.

In addition, you shall find out about what your bank account fees are like and if there is a fee for ATM withdrawal.

How to meet your bank minimum balance limit with the Australian Banking Authority If a bank has excess funds and you are still having trouble getting your minimum deposit in your account, you may want to contact Australian Banking Authority and request to meet your minimum balance requirement of $300 in your bank account before your account is closed.

They also provide an on-line form which you can fill in at any time. You need to realize that in your bank account before a bank account closure If you haven't met your current account minimum balance requirements you may face the extended AML Validation also known as Customer Due Diligence.

Those procedures are background checks that is required by law before your account could be opened.

In addition, you may wish to check the bank's website for information on your current account requirements that you should meet before you close your account for good.

We recommend that you contact your bank for more information about their minimum balance requirements for bank accounts so they may assist you in completing your meeting with this information.

How to meet your minimum balance requirement in a bank account In order to fulfill your minimum balance requirement in a banking account, you have to open a new one, which is very much like a checking account, and open a new overdraft account with that bank account and that bank will deposit the overdraft on your behalf.

Frequently Asked Questions:

Can you explain the difference between a personal loan and a home loan, and under what circumstances each would be suitable for a customer?

Certainly! A personal loan is an unsecured loan that can be used for any purpose, such as paying off debt, funding a wedding, or covering medical expenses. The loan amount and repayment terms are determined by the borrower's credit history and income. On the other hand, a home loan is a secured loan that is used specifically to purchase a house or refinance an existing mortgage. The loan is backed by the value of the property itself, which means that the lender can foreclose on the home if the borrower defaults on payments.
In terms of suitability, personal loans are generally better for small expenses or short-term financial needs that don't require a large sum of money. They typically have higher interest rates than home loans because there is more risk involved for the lender. On the other hand, home loans are suitable for those who want to purchase a house or refinance their mortgage at a lower interest rate. Since the loan is secured by the property, lenders are willing to offer better terms and lower interest rates compared to personal loans. Additionally, the repayment period for a home loan can be much longer than a personal loan, which makes it easier for borrowers to manage their monthly payments.

What key measures has National Australia Bank (NAB) implemented to support small businesses within the Perth region during the ongoing COVID-19 pandemic?

In response to the COVID-19 pandemic, NAB has provided a range of support measures for small businesses in the Perth region and across Australia. Some key measures include:
1. Tailored financial relief packages: NAB has introduced a range of tailored financial relief packages to help small businesses manage cash flow, maintain operations, and stay afloat during these challenging times. These packages offer flexible payment options, interest-free periods, fee waivers, and other support measures to help businesses navigate the crisis.
2. Access to government support: NAB has worked closely with the Australian Government to ensure that eligible small businesses can access various government support programs, such as the JobKeeper Payment and the Small Business Support Grant. The bank has also provided guidance on how to apply for these programs and has streamlined the application process to make it easier for businesses to access the assistance they need.
3. Online resources and webinars: NAB has developed a range of online resources and webinars to help small businesses stay informed about the latest developments in government support and other relevant measures. These resources cover topics such as managing cash flow, understanding financial statements, and navigating tax obligations during the pandemic.
4. Personalized advice and support: NAB has dedicated teams of business banking specialists who are available to provide personalized advice and support to small businesses in the Perth region. These specialists work closely with businesses to understand their unique needs and help them access the right support measures to stay afloat during the crisis.
5. Community partnerships: NAB has partnered with various community organizations and initiatives to support small businesses in the Perth region. These partnerships include collaborations with local chambers of commerce, industry associations, and other groups that are focused on supporting small businesses during the pandemic.

What measures have been implemented at the P&N Bank Stirling Street Service Hub to ensure the safety and security of our customers' personal information and financial transactions?

At P&N Bank, we take the security of our customer's personal information very seriously. Our Stirling Street Service Hub is equipped with several measures to ensure the safety and security of our customers' personal information and financial transactions. These include:
1. Secure premises: The Stirling Street Service Hub is located within a secure building with access controlled via electronic swipe cards and CCTV cameras in operation 24/7.
2. Encrypted communication: We use SSL encryption for all online banking transactions to ensure that your information is transmitted securely over the internet.
3. Strong authentication: Our customers are required to provide a minimum of two forms of identification before being granted access to their accounts, and we use multi-factor authentication for added security.
4. Regular backups: We perform regular backups of all customer data to ensure that it can be quickly restored in the event of an emergency.
5. Staff training: All staff at the Stirling Street Service Hub are trained in data protection procedures and are required to sign confidentiality agreements.
6. Physical security: The service hub is equipped with secure safes for storing cash and valuables, and all employees are trained in emergency procedures.
By implementing these measures, we ensure that our customers can conduct their banking business with confidence, knowing that their personal information and financial transactions are protected at all times.

How can HSBC Bank Australia support the local economy and community in Perth?

To support the local economy and community in Perth, HSBC Bank Australia could consider implementing the following initiatives:
1. Partner with local small businesses: HSBC can collaborate with local small businesses by offering them low-cost loans or financial advisory services to help them grow and expand.
2. Sponsorships and donations: HSBC can sponsor local events, community projects, and non-profit organizations that contribute to the betterment of Perth's economy and society.
3. Job creation: The bank can create job opportunities for locals by opening more branches in underserved areas or offering training programs for people looking to enter the financial services industry.
4. Promote local products and services: HSBC could work with local suppliers to offer their products and services to customers, thus supporting local businesses and promoting Perth's economy.
5. Support environmental initiatives: HSBC can contribute to environmental sustainability by supporting local projects that aim to reduce carbon emissions, preserve natural resources, and promote renewable energy sources.
6. Encourage community involvement: HSBC can organize volunteer programs or events for its employees and customers to engage with the local community, such as clean-up drives, charity fundraisers, or workshops.

Can you explain the process of opening an account for a minor under 12 years old at Rabobank Perth branch?

Yes, certainly! Here's what you need to do:
1. Go to any Rabobank branch in Perth with the required documentation. The person who opens the account should be 18 or older and can be a parent/guardian, grandparent, or another relative of the minor.
2. You will need two forms of identification for yourself and one form of identification for the minor. For minors under 12 years old, you can use their birth certificate as an ID.
3. Fill out the account application form provided by the bank. You may also be asked to fill in a guardianship form if required.
4. Deposit an initial amount into the account. The minimum amount for opening an account varies depending on the type of account you choose.
5. Set up any additional services or features you would like, such as direct deposit or online banking access.
6. Receive your account documentation and welcome kit from the bank. This will include important information about the account, including the account number and other details.
Remember to keep the account in the best interest of the minor, and always be responsible for their financial decisions until they reach 18 years old.

Can you explain the process of applying for a personal loan at Bendigo Bank North Perth branch?

Of course! Here's the process to apply for a personal loan at Bendigo Bank North Perth branch:
1. Visit the Bendigo Bank North Perth branch in person or go to their website ( and select 'Personal Loans'.
2. Review the available options and choose a loan that suits your needs.
3. Fill out the online application form with your personal details, employment information, and the purpose of the loan. Make sure all information provided is accurate and up-to-date.
4. Once you submit the application, Bendigo Bank will review your details and may ask for additional information or documentation to finalize the process.
5. If your application is approved, Bendigo Bank will provide you with a loan offer that outlines the terms and conditions of the loan, including interest rates, repayment schedule, and fees.
6. Review the loan offer carefully and let Bendigo Bank know if you have any questions or concerns.
7. If you're satisfied with the loan offer, sign the loan contract and return it to Bendigo Bank. They will then disburse the funds into your bank account.
8. Start making repayments according to the schedule outlined in the loan contract.
Remember that getting a personal loan is a big decision, so make sure you understand all the terms and conditions before signing the contract.

Recommended places in Perth

Commonwealth Bank Perth Branch

150 St Georges Tce, Perth WA 6000, Australia

GPS : -31.954294, 115.855909

Users reviews of Commonwealth Bank Perth Branch Perth

P&N Bank Stirling Street Service Hub

Level 7/130 Stirling St, Perth WA 6000, Australia

GPS : -31.948936, 115.864824

Users reviews of P&N Bank Stirling Street Service Hub Perth

Suncorp Bank St George TCE

99 St Georges Terrace, Perth WA 6000, Australia

GPS : -31.95528, 115.8569725

Users reviews of Suncorp Bank St George TCE Perth

Rating: 3/5 reviewed: 2024-04-13 by Adelynn

I have been disappointed with their lack of services. Recently, I had the desire to invest some of my savings into gold coins, but to my surprise, this bank was unable to provide me with this service. I found this surprising as they are a reputable and well-established institution. This experience left me feeling frustrated and confused. I have always trusted Suncorp Bank St George TCE in Perth to meet my financial needs, but now I am questioning whether they truly have the best interests of their customers at heart. It seems that their priorities lie elsewhere. In light of this situation, I am considering exploring other banking options. I believe that it is crucial for any institution to adapt and evolve in order to remain competitive and meet the ever-changing needs of its customers. Suncorp Bank St George TCE in Perth appears to be lagging behind in this regard. Moreover, I was intrigued by a recent news article about Google's decision to stop linking to California news sites for some users due to a proposed bill that poses "business uncertainty. According to Jaffer Zaidi, a spokesperson for Google, the tech giant is halting planned investments until legislation is clarified. This move could have significant implications for the news industry and raise questions about the role of technology companies in shaping our access to information. It highlights the importance of staying informed about current events and their potential impact on various industries, including finance. As a consumer, it is essential to be aware of these developments and make informed decisions about where we choose to place our trust and resources. In my opinion, Suncorp Bank St George TCE in Perth may need to step up its game if it wishes to remain relevant in today's rapidly changing financial landscape. In conclusion, I am disappointed with the limited range of services offered by Suncorp Bank St George TCE in Perth and will be exploring alternative options in the near future. As a responsible consumer, I encourage others to do the same and consider the implications of recent news events on their financial decisions. Let us hold institutions accountable for meeting our needs and delivering value in exchange for our trust and resources.

Commonwealth Bank Forrest Pl Branch

Forrest Pl, Shop 1, Perth WA 6000, Australia

GPS : -31.9524919, 115.8587616

Users reviews of Commonwealth Bank Forrest Pl Branch Perth

Rating: 5/5 reviewed: 2024-04-16 by Stephen Jacobson

I have had the pleasure of visiting the Commonwealth Bank Forrest Pl Branch time and time again. Located in the heart of the city on Forrest Place (just off St Georges Terrace), this bank is a hub of activity and energy, filled with friendly staff who make banking a delightful experience. The moment I step into the branch, I am greeted by a team of smiling faces, all dressed in smart uniforms that exude a sense of professionalism and warmth. The staff here are more than just bankers; they are experts at their craft, with a deep understanding of the financial industry and its intricacies. Their demeanor is always welcoming, and they go above and beyond to ensure that every customer leaves feeling satisfied and informed. From answering questions to providing insights into investment opportunities, these staff members are passionate about helping their clients succeed financially. In today's news, JPMorgan strategists have issued a cautionary note, advising investors not to rely solely on earnings season to push stock prices higher. The bank's analysts argue that current equity valuations already reflect optimistic investor sentiment, and inflationary pressures persist despite lowered expectations for corporate earnings. Half of US companies have already missed projections. In light of this news, I am even more grateful for the expertise and guidance provided by the staff at Commonwealth Bank Forrest Pl Branch. With a deep understanding of the financial landscape, these professionals can help investors navigate market volatility and make informed decisions that align with their long-term goals. Their insights and analysis are invaluable, especially during times of uncertainty. Overall, I am thrilled to recommend Commonwealth Bank Forrest Pl Branch to anyone looking for a top-notch banking experience. The staff here are knowledgeable, passionate, and committed to serving their clients with excellence. Whether you're a seasoned investor or a first-time saver, you can trust these professionals to help you achieve your financial objectives. So why wait? Come visit us at Commonwealth Bank Forrest Pl Branch today, and experience the difference that expert guidance and personalized service can make! Our location on Forrest Place (just off St Georges Terrace) is easily accessible, and we look forward to welcoming you with open arms.

Commonwealth Bank Kings Square Perth Branch

562 Wellington Street Kings Square Building 2, Tenancy K 2.3, Perth WA 6000, Australia

GPS : -31.95066, 115.855649

Users reviews of Commonwealth Bank Kings Square Perth Branch Perth

Rating: 5/5 reviewed: 2024-02-16 by Zayden Curtis

As someone who was born and raised in Perth, I am always excited to share my experiences with fellow citizens. Recently, I had the pleasure of visiting the Commonwealth Bank Kings Square Perth Branch located at 562 Wellington Street Kings Square Building 2, Tenancy K 2.3, Perth WA 6000, Australia. The experience was nothing short of amazing, and I wanted to take a moment to express my gratitude and thankfulness for their exceptional service.

Upon entering the branch, I was greeted by friendly staff who were more than willing to assist me with any inquiries I had. The bank itself is beautifully designed, with modern décor that reflects the bank's commitment to providing cutting-edge services to its customers. The ease of use and convenience of their online banking platform further solidified this fact.

Overall, my experience at Commonwealth Bank Kings Square Perth Branch was nothing short of exceptional. I am grateful for their dedication to providing outstanding customer service, and I look forward to continuing to do business with them in the future.


129 James St, Northbridge WA 6003, Australia

GPS : -31.9482296, 115.8572577

Users reviews of NAB Perth


611 Hay St, Tenancy G3+g4, Perth WA 6000, Australia

GPS : -31.954715, 115.859977

Users reviews of Commonwealth Perth

Rating: 3/5 reviewed: 2024-05-24 by Braxton

Dear Commonwealth Bank,

I have been a loyal customer of your bank for many years now, but today I am disappointed to say that you have fallen short in meeting my expectations. As an individual who values financial stability and security, I was hoping that your banking services would extend beyond what they currently offer. Specifically, I was looking to invest some of my savings in gold coins, as I believe it is a wise decision for long-term financial growth. Unfortunately, however, your bank does not provide this service, which has left me feeling disappointed and disillusioned. As a customer, I expect that you would at least consider expanding your services to meet the diverse needs of your clientele. After all, banking is a rapidly evolving industry, and it is crucial for financial institutions like yours to keep up with the changing times by offering innovative products and services that cater to the unique requirements of different customers. Furthermore, I would like to draw your attention to a recent news article about a similar issue that has come to light in the technology industry. The Micron Technology Corporation, which is a major player in the semiconductor manufacturing sector, recently found itself on the receiving end of a $445 million patent infringement verdict in a lawsuit filed by Netlist, Inc. This case highlights the importance of staying abreast of industry developments and ensuring that your products and services remain competitive and legally compliant. As someone who values your bank's reputation and reliability, I sincerely hope that you will take this matter into serious consideration and explore ways to expand your product offerings in line with the changing market demands. Your customers deserve nothing less than the best possible banking experience, and it is your responsibility as a financial institution to provide them with exactly that. I would be grateful if you could address my concerns at the earliest possible opportunity and provide me with some clarity regarding your future plans for expanding your services. I look forward to hearing back from you soon. Thank you for taking the time to read my review, and I hope that you will take my feedback into account as you continue to improve and evolve your banking services.


116 James St, Northbridge WA 6003, Australia

GPS : -31.9482089, 115.857751

Users reviews of Westpac Perth

Home Building Society

111 St Georges Terrace, Perth WA 6000, Australia

GPS : -31.954808, 115.8559478

Users reviews of Home Building Society Perth

CBA ATM (Branch)

86 Barrack St, Perth WA 6000, Australia

GPS : -31.95413, 115.86085

Users reviews of CBA ATM (Branch) Perth

P&N Bank St Georges Terrace Branch

181 St Georges Terrace, Perth WA 6000, Australia

GPS : -31.95416, 115.8537

Users reviews of P&N Bank St Georges Terrace Branch Perth

HSBC Bank Australia

188/190 St Georges Terrace, Perth WA 6000, Australia

GPS : -31.9535891, 115.8536465

Users reviews of HSBC Bank Australia Perth


Ground, 37 St Georges Terrace, Terrace Perth WA 6000, Australia

GPS : -31.9558256, 115.8594882

Users reviews of Citibank Perth

Rating: 3/5 reviewed: 2024-05-21 by Harper Joseph

Dear Citibank in Perth,

As a loyal customer of yours for many years, I have always appreciated the convenience and reliability your bank has provided me. However, my recent experience with your services has left me feeling disappointed and disconnected. You see, I had been saving up some money over time and was eager to invest it in a wise and profitable manner. After doing some research, I came across the idea of buying gold coins as an investment option due to their historically high value and stability. Unfortunately, your bank has failed to provide me with this service, which leaves me feeling disheartened and uncertain about where to turn next. I understand that each bank has its own policies and limitations, but I had hoped that a reputable institution like Citibank would have been more accommodating in this matter. It is especially disappointing given the current state of the world economy, which seems to be increasingly volatile and unpredictable. In times like these, gold coins are often seen as a reliable and safe investment, and I had hoped that your bank would recognize their value and offer them as an option to its customers. As you may have heard in the news today, there is also growing concern about the strain that artificial intelligence is placing on electricity grids due to the rapidly increasing demand for data centre electricity. This issue highlights the importance of having reliable and stable investment options like gold coins, which can provide a sense of security and stability in uncertain times. In light of these circumstances, I sincerely hope that Citibank will reconsider its policies regarding gold coin investments and offer this option to its customers in the near future. In the meantime, I must explore other avenues for investing my savings, which is both time-consuming and frustrating given the current state of the market. I appreciate your attention to this matter, and hope that you will take my concerns into consideration. Thank you for your continued service and understanding in this regard.


179 St Georges Terrace, Perth WA 6000, Australia

GPS : -31.9541741, 115.8538862

Users reviews of 中国银行 Perth

Rating: 5/5 reviewed: 2024-02-20 by William Mejia

As a visitor to your beautiful city of Perth, I'd like to take a moment to share my heartfelt experience at the magnificent Chinese bank located on St. Georges Terrace, just around the corner from the iconic Bell Tower and near the picturesque Elizabeth Quay. I had the pleasure of visiting this esteemed establishment with my beloved partner during our recent vacation, and it left an indelible impression upon us both.
Our visit to 中国银行 was a warmly welcoming experience, made all the more delightful by the courteous staff who greeted us with genuine smiles. The atmosphere inside the bank was imbued with an aura of professionalism and sophistication, reflecting the bank's commitment to delivering exceptional service to its customers.
As we navigated through the various sections of the bank, I was struck by how well-organized everything was. It made our task of handling financial matters a breeze, and we were able to complete our business transactions swiftly and efficiently. The staff at 中国银行 went above and beyond in assisting us with our queries, offering their expertise and guidance whenever needed.
One aspect that truly set this bank apart from others was the level of personal attention we received. Our transaction officer took the time to explain everything in great detail and made sure all our concerns were addressed promptly. This level of dedication is rarely seen these days, and it's a testament to the values upheld by 中国银行.
As we left the premises of this remarkable institution, my partner and I couldn't help but feel grateful for having chosen to conduct our banking needs at such a fine establishment. Our experience at 中国银行 has not only made our time in Perth unforgettable but also set a high standard for other banks we may encounter in the future.
In conclusion, my heartfelt appreciation goes out to every member of the team at 中国银行 who contributed to making our visit an extraordinary one. Your unwavering dedication to providing exceptional service truly sets you apart as a leading financial institution. Thank you for making our time in Perth truly special!

CBA ATM (Allendale Square)

77 St Georges Terrace, Perth WA 6000, Australia

GPS : -31.9556231, 115.8581581

Users reviews of CBA ATM (Allendale Square) Perth

Macquarie Bank Limited

3-4, Bishops See, 235 St Georges Terrace, Perth WA 6000, Australia

GPS : -31.9539509, 115.8509737

Users reviews of Macquarie Bank Limited Perth

Rating: 5/5 reviewed: 2024-02-29 by Violet

Visiting Macquarie Bank Limited at 3-4, Bishop's Seat, 235 St Georges Terrace, Perth WA 6000, Australia was a pleasant experience that reinforced my belief in the potential of our city's financial institutions to help businesses thrive and individuals succeed.

Rabobank Perth

Durack Centre, 263 Adelaide Terrace, Perth WA 6892, Australia

GPS : -31.9583081, 115.8653784

Users reviews of Rabobank Perth Perth

BOQ West Perth

1292 Hay St, West Perth WA 6005, Australia

GPS : -31.9477845, 115.8398907

Users reviews of BOQ West Perth Perth

Bendigo Bank North Perth

431 Fitzgerald St, North Perth WA 6006, Australia

GPS : -31.93148, 115.858879

Users reviews of Bendigo Bank North Perth Perth

HSBC Bank Australia

132 Rokeby Rd, Subiaco WA 6008, Australia

GPS : -31.9488362, 115.824109

Users reviews of HSBC Bank Australia Perth

Rating: 2/5 reviewed: 2024-05-16 by Lydia Barker

I have to say that my recent experience with this financial institution has left me feeling extremely dissatisfied. I came to them with the intention of investing my hard-earned savings into gold coins, but unfortunately, they were unable to provide me with this service. At first, I was skeptical about their capabilities as a bank, but now I am convinced that they are not living up to their promises. Their website and advertising materials boast an extensive range of financial products and services, but in reality, they seem to be lacking in certain areas. The news today has only served to reinforce my skepticism about this bank. Reports of yet another major data breach at HSBC have left me feeling uneasy about the safety and security of my own personal information. It seems that this bank cannot seem to get its act together when it comes to protecting its customers' sensitive data. Moreover, their customer service is lacking in many ways. I found it difficult to speak with a representative who could provide me with any information regarding gold coins or other investment options. The person I spoke with seemed uninterested and uninformed about the products and services her own bank was supposedly offering. It was as if she had never heard of such a thing before!

Overall, my experience with HSBC Bank Australia in Perth has left me feeling disappointed and disillusioned. I will be looking into other financial institutions that can better meet my needs and provide me with the services I require. In light of their recent data breach, I would advise others to do the same and seek out a more trustworthy and reliable bank for their own financial needs. In short, HSBC Bank Australia in Perth falls woefully short of its promises and expectations. Their lackluster customer service, limited product offerings, and poor data security make them an unappealing choice for those seeking a reliable and trustworthy banking partner. I would advise others to look elsewhere for their financial needs.

Banks within entire Perth region

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