Banking - Multicultural

Helping you every step of the way

Wherever home might be for you, we can help you settle in Australia whilst making it easy to maintain banking with your home country.

Beirut Hellenic Bank is Australia’s premier Multicultural Bank with origins in the migrant community. We understand first-hand the support needed to establish oneself in a new country. Our dedicated personnel are multilingual and ready to provide you with service exceeding your expectations.

Before you arrive

Moving to a new country can be an exciting of stressful experience filled with many challenges. Getting your finances in order before you arrive to Australia will assist you in settling in much sooner.  Very few banks have an Overseas Relations team that can ensure that you receive all the necessary documentation to open your account before you embark on your journey. Beirut Hellenic Bank customers can open accounts, transfer funds into that account by simply completing the account opening form and getting your identification verified at any Australian High Commission.

Whilst living in Australia

Many of Australia’s banks and credit unions offer a large variety of products to help you settle into your new life, however it is important to read up on the related product disclosures and assess the costs involved. The internet is a great tool to use when looking for more information on products from numerous financial institutions. Smaller banks such as Beirut Hellenic Bank offer attractive and competitive rates on online savings accounts such as the SmartNet account, term deposits, home loans, everyday transaction accounts and USD and EURO accounts.

It’s worth noting that whilst you are living in Australia you can still maintain accounts in foreign currency for personal and business purposes. For example, Beirut Hellenic Bank offers foreign currency transaction and term deposits accounts in American Dollars (USD), Euro (EUR), Great British Pound (GBP), and New Zealand Dollars (NZD). Beirut Hellenic Bank is also very competitive when it comes to exchanging foreign currency notes.

Foreign Currency transaction accounts give you the ability to make payments or send/receive funds internationally by having direct access to international foreign markets. “Beirut Hellenic Bank customers have the added flexibility to deposit and withdraw foreign currency notes into their foreign currency transaction account at a very small cost” says James Wakim, Managing Director & CEO. In addition, Foreign Currency term deposits are great if you do not intend to use your foreign currency funds immediately thus securing your money in a low risk investment that guarantees you a fixed rate of return.

Keeping you connected with home

There are several services available to you when sending money back home. Nearly all banks can send secure telegraphic transfers provided you can supply the beneficiary bank and account details. Apart from having a superior international network, Beirut Hellenic Bank customers can also utilise the Western Union network when sending money overseas, which means access to an around the clock delivery service and thousands of pick up points around the world without the limitation of time differences.

About Beirut Hellenic Bank

Beirut Hellenic Bank has earned the reputation of working closely with its customers to understand and meet their individual needs. Offering customers highly competitive banking with personal service continues to be the Bank’s competitive advantage, especially in the multicultural and migrant communities.

The Bank’s success lies in its highly competitive deposit products, flexible lending facilities and relationship focused business banking. As an Australian deposit taking institution, the Bank is eligible for the Australian Government Deposit Guarantee.

The Bank maintains a healthy loan-to-deposit ratio, a strong capital position and a quality asset portfolio, which means customers enjoy added assurance and peace of mind.