Novo for business in Australia: Not available
- Key eligibility
- A business registered in the United States with an owner who lives in the US, a US address, a US phone number, and in most cases a Social Security number. A company registered only in Australia does not meet this.
- Non resident position
- Not served. Novo states it does not serve international businesses or owners; the business must be registered in the US and the owner must reside in the US.
- Local currency support
- United States dollar only. There is no Australian dollar account and no local Australian account details.
- Headline monthly fee
- Not applicable in Australia. Novo markets a no monthly fee US business checking account; that pricing applies to US accounts only. Verify with the provider.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does Novo serve business customers in Australia?
Novo is a United States business banking platform with accounts held at a US partner bank. It requires the business to be registered in the United States and the owner to reside in the US. It does not onboard a business that is registered and operating only in Australia, and it does not serve US territories.
Eligibility for businesses in Australia
Novo applicants generally need a US registered business, a US residential address, a US phone number on a major US carrier, and a Social Security number or equivalent US identity document. Australian Business Number registration and Australian identity documents are not accepted. Verify with the provider
What it costs locally
There is no Australian price list because Novo does not sell an Australian product. Its no monthly fee account is a US dollar account governed by US terms and is not available to an Australian registered business. As of 9 April 2026
What local users report
Australian businesses report being unable to pass Novo onboarding without US registration and US identity details. Those needing an Australian dollar account choose Australian providers instead.
Questions about Novo in Australia
Is Novo available for business in Australia?
Can an Australian founder open Novo with a US company?
Does Novo provide an Australian dollar account?
What are the alternatives to Novo in Australia?
Availability, fees, and eligibility change. This page was last reviewed on 9 April 2026. Confirm the current position with Novo before applying.