Managing your money is one of the first things every newcomer needs to do and NAB migrant banking makes that easy. NAB (National Australia Bank) is one of the country’s top four banks, trusted by millions of customers for over 40 years. If you are a new arrival, student, or skilled worker, NAB makes banking easy with no monthly account fees, interpreter support in 14 languages, and online account opening before you land in Australia. Their dedicated “Banking in Australia” program is designed to help newcomers manage money securely from day one.
About NAB
NAB was established in 1981 and is one of Australia’s oldest and most reliable banks. It serves more than 8 million customers across Australia and New Zealand. The bank’s reputation for trust and simplicity makes it a strong choice for migrants who are new to Australian banking.
NAB also owns UBank, a digital bank for people who like to manage their money online or with an app.
Why NAB is Good for Migrants
NAB understands that moving to a new country can be challenging.
To help newcomers settle in easily, NAB offers:
- No monthly account fees and no minimum balance
- Interpreter services in 14 languages for easier communication
- Simple online account opening before you arrive in Australia
- Easy branch access and friendly staff trained to assist migrants
- Multiple account options such as everyday, joint, and savings accounts
These features make NAB one of the most migrant-friendly banks in Australia.
How to Open a NAB Account Before and After Arrival
You can start your NAB account before you land in Australia a great way to be ready for your first salary or study expenses.
Before Arrival
- Visit the NAB New Arrivals in Australia Banking Page.
- Check the eligibility
- Provide basic details such as your passport number, visa type, and expected arrival date.
- Once approved, NAB will email your account details and instructions.
- You can transfer funds from overseas to your new NAB account before you arrive (these funds stay secure until activation).
After Arrival
- Visit any NAB branch within 12 months of opening the account.
- Bring your foreign passport, foreign driving license, visa copy, and some other documents. Bank needs enough documents to meet the Australian 100-point check.
- The bank will verify your identity and activate your account.
- You can then collect your debit card and start using the NAB App or Internet Banking.
Activation usually takes only a few minutes once your ID is verified.
NAB Fees & Interest Rates
NAB keeps things simple with no hidden fees and no minimum balance required.
NAB Transaction Accounts And Monthly Account Service Fee
- NAB Classic Banking Account – No fee
NAB Retirement Account – No fee
NAB Savings Accounts and Monthly Account Service Fee
- NAB iSaver – No fee
- NAB Reward Saver – No fee
NAB Cash Manager – No fee
Interest rates and service fees may change from time to time, so always check NAB’s official page for the latest information.
Click here for NAB’s Current Interest Rates and Fees
NAB Branch Network and Hours
NAB has 400+ branches across all major Australian cities and regional areas.
To find the one closest to you, visit the NAB Branch Locator.
Typical branch hours are:
- Monday to Wednesday: 9:00 AM – 4:00 PM
- Thursday: 9:00 AM – 5:00 PM (extended hours)
- Friday: 9:00 AM – 4:00 PM
- Saturday & Sunday: Closed
Most ATMs and the NAB App are available 24/7 for deposits and withdrawals.
NAB App and Online Banking
NAB offers a simple and secure way to manage your money online.
You can:
- Check balances, transfer money, and pay bills
- Set savings goals and track spending
- Use Apple Pay and Google Pay
- Freeze or unfreeze your card instantly
The NAB App is available on iOS and Android devices.
It’s also useful for international students or workers who prefer managing money digitally without visiting a branch.
Download the app directly from NAB App Page.
Language & Customer Support
NAB knows that not everyone speaks fluent English when they arrive.
To help, NAB provides interpreter services in 14 languages, including Hindi, Mandarin, Arabic, and Vietnamese. You can request a translator at a branch or when you call the customer service line.
This service helps migrants manage their money confidently from day one.
Quick NAB Resources
For a full comparison of NAB and other leading banks, read our Migrant Banking Complete Guide 2025
Disclaimer : All information in this article including account features, fees, and interest rates is based on publicly available NAB resources as of September 2025.
Please confirm the latest details directly on the official NAB website before applying and refer the TMB (Target Market Determination)
