1
Countries
1911
Founded

About Commonwealth Bank of Australia

Commonwealth Bank of Australia, established in 1911, is recognized as the largest bank in Australia. It provides a variety of banking services catering to both personal and business needs. The bank offers products such as home loans, personal loans, credit cards, and savings accounts, along with specialized services like foreign exchange and insurance. Additionally, Commonwealth Bank emphasizes digital banking through features like the Money Plan in the CommBank app, which helps users manage their finances effectively. The bank also prioritizes security with fraud monitoring services to protect customers from scams. With a focus on improving financial fitness, Commonwealth Bank aims to support individuals and businesses in achieving their financial goals. Its services are designed to meet the needs of various customer segments, including expatriates and tourists, making it a versatile option for banking in Australia. Please verify current terms on the bank's official website. Data available is limited to the provided information.

Learn more about banking in Australia or compare Commonwealth Bank of Australia with other banks to compare banking options for your needs.

This page is for general information only and does not provide financial, legal, tax, or investment advice. Banking products, fees, eligibility requirements, and availability can change. Always verify details on the bank’s official website before applying or making decisions.

Facts from our dataset

The table below is generated from structured fields in our database for this profile. It is not an exhaustive regulatory filing and may omit products or subsidiaries not modeled here.

Headquarters focusAustralia
Founded (year)1911
SWIFT / BIC (if listed)CTBAAU2S
Countries with listed presence1
Branches (stored count)—
ATMs (stored count)—
Global rank (directory index)—

Page assembled May 13, 2026 from public sources listed in the footer of this profile. Read our methodology.

Services & Capabilities

What you can do with this bank. Based on the bank's official website.

Account types
  • Savings
Credit products
  • Credit cards
  • Mortgages
Digital features
  • ATM network
  • Money Plan in the CommBank app
Investment & wealth
  • Self-directed investing
Travel & lifestyle
  • Foreign exchange
Security & support
  • Fraud monitoring

Confirm current offerings on the bank's site.

Who is this bank best for?

Ideal for
  • Business customers
  • Expatriates and international customers
  • Travellers and occasional international users
  • Customers looking for credit card products
  • Customers interested in investment and wealth services

Why This Bank?

Pros
  • Presence in 1 countries
  • Comprehensive banking services
  • SWIFT Code: CTBAAU2S
Considerations
  • Limited international footprint — listed presence in only 1 countries
  • No multi-currency account flag in our dataset — confirm FX handling for cross-border use
  • Account-opening requirements (ID, address proof, residency) differ by branch and region
  • Customer-support response times and in-app dispute handling vary — read recent user reports before relying on a single channel

Fees & Costs at Commonwealth Bank of Australia

Indicative fee categories for Commonwealth Bank of Australia. Where a specific value is not disclosed in our dataset for this profile, we mark it explicitly so you can check the official site. Fees vary by country, account type, and customer profile.

Monthly maintenance fee Not disclosed in our dataset — check the official site.
Foreign transaction fee (card abroad) Not disclosed in our dataset — check the official site.
ATM withdrawal fee Not disclosed in our dataset — check the official site.
International wire / SWIFT fee Not disclosed in our dataset — check the official site.

Beyond these four headline categories, total cost also depends on currency-conversion markup, overdraft and late-payment charges, and tiered account thresholds. Promotional fee waivers can change after the introductory period.

View Commonwealth Bank of Australia's official fee schedule →

Account Opening

What it takes to open an account.

Unknown Requirements vary by country. Check the bank's website.

Typical for Australia: ID, proof of address. Confirm on the bank's site.

Who Is This For?

Business

Excellent for businesses needing commercial banking, investment services, and specialized business solutions. Ideal for companies operating internationally.

Expat

Great for expats needing multi-currency accounts, international transfers, and global ATM access. Designed for those living and working abroad.

Tourist

Suitable for tourists requiring easy access, low transaction fees, and convenient ATM networks. Perfect for short-term stays and travel.

Compare with similar banks See alternatives for expats See alternatives for businesses

Banking in Australia:

Banks in Australia Banks for Expats Open Account Guide

Notify me when fees or requirements change

Sources & disclaimer

Independent information page. We are not affiliated with Commonwealth Bank of Australia or any other bank. All trademarks belong to their respective owners. Data is compiled from official bank websites, financial regulators, Wikipedia, and OpenStreetMap. Fee and eligibility details can change; always confirm on the bank's official site before opening an account.

Last updated: May 13, 2026 · For information only; not financial, legal, or tax advice. Full disclaimer