Finance & Banking
The following banks are located at the University of Melbourne Parkville Campus.
- Commonwealth Bank of Australia: www.commbank.com.au
- National Australia Bank (NAB): www.national.com.au (AusAID students must open one bank account with NAB)
- Melbourne University Credit Co-operative: www.mucu.com.au
You will receive more information about banking in Australia during the Orientation and Enrolment period. The Customer Service staff at every branch of an Australian bank can also give you more information about bank accounts. Student mentors can help you open a bank account upon your arrival. International Student Advisers are also happy to help you.
EFTPOS-Eletronic Funds Transfer at Point of Sale, is widely accepted in Australia. By using EFTPOS it reduces the need to carry large sum of cash. Please do note that fees apply and check with your Australian bank on the fees and charges associated with the use of EFTPOS.
Major credit cards are widely accepted in Australia, and can be very useful as most things (including tuition fees) can be paid for with a credit card. However, students should be careful not to let their credit card usage get 'out of hand'.
Please visit our Work Permits page for more information about your permission to work while holding a student visa.
Useful Links & Contacts
Financial AidGround Floor, Baldwin Spencer Building (Corner of Union Road and Tin
Alley)
T: +61 3 8344 6053
F: +61 3 8344 5624
E: fin-aid@unimelb.edu.au
W: www.services.unimelb.edu.au/finaid/
(Homepage)
W: www.services.unimelb.edu.au/finaid/planning/costliv/internat.html
(Cost of living estimates)
W: www.services.unimelb.edu.au/finaid/managing/
(Managing your finances)
W: www.services.unimelb.edu.au/finaid/managing/taxation/
(Taxation)
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