Can a foreigner open a Rakuten Bank account?

Written by Admin | Last Updated: July 2026

Yes, foreigners can open a bank account in Australia, and in many cases, you can even start the process before you arrive in the country. Several major Australian banks, such as Commonwealth Bank, Westpac, NAB, and ANZ, allow non-residents to apply for an account online up to three months before their planned arrival. Once you arrive in Australia, you will need to visit a branch in person and provide your passport, proof of identity, and, if applicable, your visa documentation to fully activate the account and verify your identity. This process is designed to help immigrants, students, and workers settle in quickly. While you can open the account remotely, you will generally not be able to withdraw funds until you have completed the in-person identity verification at an Australian branch. It is a very foreigner-friendly banking system that is highly accustomed to serving international clients.

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