Bank of Melbourne




The Bank of Melbourne was founded in July 1989 and was listed on the Australian Securities Exchange on July 13, 1989. The Bank of Melbourne is the most prominent leading bank, with 212 branches throughout the country. The bank offers trading and service account facilities, including loans, advances and lines of credit. They provide interest rates of 9.6% on investments and 11.6% on deposits.

  • Bank Type

    Public Bank

  • Founded


  • Headquarters


  • Industry


  • Formerly/Predecessor


  • Subsidiaries


Need Home Loan Assistance?


Pros & Cons-Bank of Melbourne


  • Strict lending policies.
  • Signup Fees.
  • Strict Age Restrictions.
  • Customer Support.


  • High Property Value for First Home Buyers.
  • Home Loan for Self-Employed.

About Bank of Melbourne 

Bank of Melbourne is an Australian financial bank based in Victoria. The bank started its operations as the RESI Statewide Building Society. It was granted its license on July 13, 1989, and was acquired by Westpac Banking Corporation in 1997. Westpac Corporation restored the brand in 2011 after revamping its acquisition of Bank St George in Melbourne, potentially in reply to its primary product closure.

The institution offers its customers a broad range of personal and business banking products, such as bank accounts, personal loans, home loans, credit cards, superannuation products, investments, and insurance schemes.

Features & Benefits of Bank of Melbourne

The features and benefits of the Bank of Melbourne are listed below:

  • Time-saving: The bank updates your information using Internet Banking. You can also change your email, phone number, and other contact information. 
  • View Transaction History: It keeps track of your transaction records with Internet Banking. The transactions are determined by the summary cycle or the number of transactions you've made during that phase.
  • Preview and Download eStatements: eStatements are electronic slips of your financial accounts. You can view and download these slips using Internet Banking.
  • Ability to Change Payment Limit: Using Internet Banking, you can change your ATM and EFTPOS cash withdrawal limit. 
  • Receive Notifications: You can receive instant SMS, email, or mobile notifications regarding your financial statements, deposits, and money transfers through a registered mobile number and Email ID. Moreover, you can also inform the bank immediately if you recognise any unusual activity on your accounts.

Services Offered by Bank of Melbourne 

Bank of Melbourne provides its customers with various services to ensure the smooth implementation of banking-related operations.

  • Banking via Phone: A telephonic doorway is available 24*7. Customers can use the IVR (Interactive Voice Response) system or communicate directly with one of the bank's executives by dialling the bank.
  • Mobile Banking: With the help of a mobile application, users can manage their accounting statements at any time and from any place. They can check their bank statements or make a payment while working. 
  • Internet Banking: Internet banking service connects clients to digital banking round the clock. Banking information, bank deposit details, online instructions, queries, money transfers, and other fees can be completed from the comfort of your home or office.
  • Electronic funds transfer at point of sale (EFTPOS): EFTPOS is an electronic payment system that involves transferring funds electronically depending on the usage of card payments, like debit or credit cards.

Types of Accounts in the Bank of Melbourne 

Bank of Melbourne provides a wide range of banking and savings accounts, from everyday financial transactions to corporate bank deposits. The three primary types of bank accounts are:

  • Everyday
  • Savings 
  • Term Deposit

Bank of Melbourne Opening Hours 

The table below shows the Bank of Melbourne's opening and closing hours:

Working Day Opening and Closing Hours
Monday 9:30 am to 5:00 pm
Tuesday 9:30 am to 5:00 pm
Wednesday 9:30 am to 5:00 pm
Thursday 9:30 am to 5:00 pm
Friday 9:30 am to 5:00 pm
Saturday 9:30 am to 1:00 pm
Sunday Closed 

Bank of Melbourne Contact Details / Customer Service

Customers with banking and service-related queries should contact their relationship manager or the Bank of Melbourne’s customer care number on 13 22 66 for personal banking enquiries ( Monday-Saturday, 8 am to 8 pm.)  or 13 82 66 for business banking (Monday-Friday, 8 am to 6 pm.)

For overseas customers: +61 3 8536 7870. 

Frequently Asked Questions

How Good is the Bank of Melbourne?

Bank of Melbourne is an excellent option to opt for because it takes care of its     requires customer details and confidential data very sincerely.

Who owns the Bank of Melbourne?

Bank of Melbourne is a subsidiary of Westpac Corporation.

How do I contact the Bank of Melbourne?

For more banking-related information or concerns, customers can call on 138266 or speak with their relationship manager.

How much cash can I withdraw Bank of Melbourne?

You can withdraw up to $2000 from the Bank of Melbourne.

Does the Bank of Melbourne charge ATM fees?

No, Bank of Melbourne ATM doesn’t charge any fee to view account balances or cash withdrawals.

Why use us?

The customised financial services from UrbanMoney Oceania caters to the varying requirements of the applicant on their fund procurement journey.

Low interest rates

The intricate online model ensures the best interest rates are offered to the customers. The services aim to diminish the overhead costs.

Urban Money Oceania Exclusive Deals

The customers can avail of various exclusive offers available to the customers by UrbanMoney Oceania designed to cater to their budgetary needs.

Australian based support team

Our support team offers tailor-made services to customers intending to conclude loan transactions without any hassle. Available to customers at their convenience.


The website provides general information about various loan products, insurance products, credit scores & links to other websites or resources over which does not have control as such information & links are received from the Banks, NBFCs, Insurance companies & credit rating agencies. Users of this website acknowledge that is providing this information & links only as a convenience, and further agree that is not responsible for the veracity of such information. Please note that you before you decide whether or not to acquire a particular financial product you should assess whether it is appropriate for you in the light of your own personal circumstances, having regard to your own objectives, financial situation and needs. Confirm all product information directly with the provider of resepctive financial product before making a purchase decision. If you decide to acquire a financial product, you will deal directly with the provider and not with Urban Money Oceania and that neither nor its directors, employees, partners, and associated staff are not accountable for any loss, harm, or damage due to usage of information from this website. And further that users use of links to such external websites are subject to the terms of use and privacy policies located on those sites.