Banking Support Services

Open a business bank account in Australia remotely from overseas

We can facilitate the opening of a bank account in Australia remotely without your company's directors or shareholders being required to fly to Australia. We charge a fee for this service, and the service is only available to customers using our company formation and resident director services.

We can also provide a comprehensive range of related services including company formation, registered office address, company compliance, tax and accounting services tailored to your specific requirements and business objectives. We pride ourselves on making things efficient, affordable and easy to understand and we look forward to supporting your business in any way we can.

Order Forms and Information Guides

We recommend getting in touch with us in the first instance to discuss your requirements. We can then provide an overview of our services and our schedule of fees for you to consider. You can contact us on or by using the enquiry button here below.

Bank Account Establishment Services

The opening of a bank account for your Australian business can be one of the most frustrating and time-consuming components of setting up a business here in Australia. This is in part due to the changing KYC and AML regulations here within Australia, and the subsequent policy and procedure changes from the respective banks operating here.

We keep strong relationships with a number of high street banks (as well as alternative banks) in Australia meaning we are well-positioned to navigate their requirements. Importantly we have identified which banks allow us to open a bank account for your business without the need for your business associates (shareholders and directors) to fly to Australia. This can save you considerable time and cost.

Note: clients will need to provide certain proof of identity documents as part of the bank's KYC and AML requirements. This service is only available to clients of ABN Australia for whom we are providing company formation and/or resident director services.

  • Open a bank account remotely – Remove the requirement to fly to Australia
  • Low-cost accounts – low-cost business bank accounts with internet banking included as standard

Alternative Banking Solutions

We are in the early stages of a fintech and banking revolution and there are now a range of alternative banking options available to businesses looking for global banking solutions. These services provide alternative solutions for cross-border FX transactions, borderless bank accounts, and customer and supplier money transfers. We have listed some of these products and services here for your interest.

  • Airwallex is able to provide competitive FX rates that are up to 90% cheaper than the banks, meaning significant savings for companies transferring funds between parent and subsidiary entities in different countries. Airwallex’s Global Accounts feature also helps businesses quickly set up AUD, USD, GBP and EURO local bank accounts online at the click of a button, with zero paperwork or branch visits, so you can easily sell internationally and collect in the local currency.

  • Wise (formerly Transferwise) is also a great solution for global businesses, providing competitive FX rates, meaning significant savings for companies transferring funds between parent and subsidiary entities in different countries. Transferwise also offer a free business account to send, spend, and receive multiple currencies with the real exchange rate. Open a self-service business account online to send, spend, and receive multiple currencies, and make batch payments.

  • With World First you can open free local currency accounts that allows your business to collect, convert and make international payments, as well as integrate with Xero and sync all your transactions with a simple one-time set-up. Their multi-currency account allows your business to receive, hold and make foreign payments in local currency.

Our Credentials

Our team comprises seasoned professionals with the following qualifications and credentials:

  • Registered Tax Agents
  • Registered ASIC Agents
  • Chartered Accountants
  • Certified Practicing Accountants
  • Institute of Public Accountants
  • Australian Institute of Company Directors
  • Governance Institute of Australia
  • Xero Certified Practice
  • National Tax and Accountants' Association
  • Serving Clients Since 1976

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