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Are you looking for Australian banks in Vietnam to support immigration, studying abroad, or investment? Australian banks like Commonwealth Bank and National Australia Bank play an important role in connecting financial services between Vietnam and Australia, helping Vietnamese people manage assets and realize their immigration dreams. Let’s explore Australian banks in Vietnam and how they can support you with Quoc Tich Thu Hai!
Currently, the two largest Australian banks operating in Vietnam are Commonwealth Bank of Australia (CBA) and National Australia Bank (NAB). Here are the details:
Founded in 1912, CBA is the largest retail bank in Australia, with over 1,000 branches nationwide and offices in 13 countries, including Vietnam. In Vietnam, CBA has a branch in Ho Chi Minh City (Han Nam Building, 65 Nguyen Du, District 1) and an office in Hanoi (31 Hai Ba Trung). CBA provides international money transfers, account opening services from Vietnam, and financial support for students, investors, and immigrants.
Commonwealth Bank of Australia (CBA) is the largest Australian bank operating in Vietnam
NAB is one of the four largest banks in Australia, with total assets of around 790 billion AUD (2017). In 2024, NAB opened a new office in Thu Duc City (Ho Chi Minh City), focusing on technology and digital transformation through the NAB Innovation Centre Vietnam. This office supports corporate clients and investors while attracting Vietnamese tech talent.
In addition, other Australian banks such as ANZ and Westpac do not have direct branches in Vietnam but collaborate with Vietnamese banks (like Vietcombank and VietinBank) to provide international money transfer and financial services.
NAB is one of the four largest banks in Australia
Using services from Australian banks in Vietnam offers many advantages, especially for those planning to migrate or invest in Australia:
Fast international transfers: CBA allows money transfers from Vietnam to Australia with low fees, supporting tuition, living expenses, or property investment. The Internet Banking system makes balance checks easy.
Open an account before arriving in Australia: Students, workers, or investors can open a CBA account from Vietnam (up to 3 months before arrival), reducing the risk of carrying cash.
Financial support for migration: Australian banks provide financial consulting, loans, and asset management services, helping meet financial requirements for investment visa programs (such as Subclass 188).
Student benefits: CBA waives account opening fees and transaction fees for students under 25 or full-time students, suitable for international students.
Opening an Australian bank account in Vietnam, especially with CBA, is a simple and convenient process. The basic steps include:
Online registration: Visit the official CBA website or partners (like studentlifecare.com) to submit an application. You need to provide a passport, Vietnam address, and visa information (if available).
Prepare documents: Include identification (passport, ID card) and proof of purpose (acceptance letter, investment contract).
Identity verification in Australia: After arrival, visit a CBA branch to verify your identity within 3–12 months. Bring your passport and Vietnam tax number (if any).
Use the account: Once activated, you can use Internet Banking for transfers, payments, or asset management.
Note: NAB currently focuses on corporate clients in Vietnam, so opening a personal account usually requires going through partner banks or directly in Australia.
You can easily open an Australian bank account in Vietnam
Australian banks in Vietnam play an important role in the migration journey, especially for investment and skilled visa programs:
Investment visa (Subclass 188): Requires financial proof and an investment of 1.5 million AUD. CBA supports account opening, investment transfers, and provides financial confirmation letters for visa applications.
Skilled visa (Subclass 189, 190): Students or workers can open a CBA account to receive salaries, manage living expenses, and demonstrate financial capacity when applying for permanent residency (PR).
Secure transfers: International transactions through CBA and NAB are safe and transparent, helping meet the Australian Department of Home Affairs’ source of funds verification requirements.
In addition, these banks cooperate with migration consulting firms (such as Quoc Tich Thu Hai) to provide comprehensive financial solutions, from account opening to asset management in Australia.
Australian banks in Vietnam, such as Commonwealth Bank and National Australia Bank, serve as key financial bridges for Vietnamese people wishing to migrate, study, or invest in Australia. With fast transfers, convenient account opening, and professional financial support, they are an ideal choice to start your journey. Contact Quoc Tich Thu Hai at quoctichthuhai.com for guidance on obtaining Australian citizenship and comprehensive financial assistance!
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