Commonwealth Bank
THE COST OF OPENING AN ACCOUNT:
FROM 3000 EUR
GENERAL INFORMATION
Commonwealth Bank
Australia
www.commonwealth-au.info
1911
The Commonwealth Bank of Australia was established by the Commonwealth Bank Act 1911, introduced by the Andrew Fisher Labor government, which favoured bank nationalisation, with effect on 22 December 1911. In a rare move for the time, the bank was to have both savings and general bank business. The bank was also the first bank in Australia to receive a federal government guarantee. The bank’s earliest and most strenuous proponent was the flamboyant American-Australian Labor politician, King O’Malley, and its first governor was Sir Denison Miller.
The bank opened its first branch in Melbourne on 15 July 1912. In an agreement with Australia Post that exists to this day, the bank also traded through post office agencies. In 1912, it took over the State Savings Bank of Tasmania, and by 1913 it had branches in all six states.
In 1916, the bank moved its head office to Sydney. It also followed the Australian army into New Guinea, where it opened a branch in Rabaul and agencies elsewhere.
Russian-speaking, English-speaking
High
ACCOUNT
Not required
Visiting the bank is not required
Passport or ID card, document proving the residence address of the applicant with the obligatory indication of name and surname, account statement or letter of recommendation from a financial institution of any country where you already have an active account, selfies with your passport or ID card, tax return.
Readable
Resumes of the future foreign account holder may be requested as additional documents.
RATING
SERVICES AND COSTS
Internet
Insurance, investment and custody services, foreign exchange operations, opening of cryptocurrency accounts, opening of accounts for non-residents.
VISA Classic, EuroCard, AmEx Green
GENERAL INFORMATION
Name
Country
Official site
Founded
History
Employees
Security
Commonwealth Bank
Australia
www.commonwealth-au.info
1911
The Commonwealth Bank of Australia was established by the Commonwealth Bank Act 1911, introduced by the Andrew Fisher Labor government, which favoured bank nationalisation, with effect on 22 December 1911. In a rare move for the time, the bank was to have both savings and general bank business. The bank was also the first bank in Australia to receive a federal government guarantee. The bank’s earliest and most strenuous proponent was the flamboyant American-Australian Labor politician, King O’Malley, and its first governor was Sir Denison Miller.
The bank opened its first branch in Melbourne on 15 July 1912. In an agreement with Australia Post that exists to this day, the bank also traded through post office agencies. In 1912, it took over the State Savings Bank of Tasmania, and by 1913 it had branches in all six states.
In 1916, the bank moved its head office to Sydney. It also followed the Australian army into New Guinea, where it opened a branch in Rabaul and agencies elsewhere.
Russian-speaking, English-speaking
High
ACCOUNT
Giving recommendations
Visiting the bank
Required Documents
Account opening, probability
Opening nuances
Not required
Visiting the bank is not required
Passport or ID card, document proving the residence address of the applicant with the obligatory indication of name and surname, account statement or letter of recommendation from a financial institution of any country where you already have an active account, selfies with your passport or ID card, tax return.
Readable
Resumes of the future foreign account holder may be requested as additional documents.
RATING
Rating in the world
Country Rating
Rating on loans
SERVICES AND COSTS
Access to account
Bank services
Bank cards
Insurance, investment and custody services, foreign exchange operations, opening of cryptocurrency accounts, opening of accounts for non-residents.
VISA Classic, EuroCard, AmEx Green