Settlement Guide: the basics of banking

All workers in Australia need a bank account. But the different types on offer can be confusing for new migrants. So, what are the important things to consider before choosing a banking account? For some migrants Australias advanced banks and cashless payment system require some getting used to. Robert, who came from Zambia, says, that he was used to paying in cash for routine purchases such as food, petrol, movie tickets and other daily expenses.He says he was surprised by the different way money is handled in Australia.

Banking Source: AAP