Open Money for business in Australia: Not available
- Key eligibility
- A business registered in India working through Open's Indian partner banks. Open does not offer accounts to Australian registered businesses.
- Non resident position
- Not served. Open's connected banking and current account features depend on Indian partner banks and Indian business registration.
- Local currency support
- Indian rupee through Indian partner banks. There is no Australian dollar account and no local Australian account details.
- Headline monthly fee
- Not applicable in Australia, since there is no Australian product. Open's pricing applies to its Indian platform. Verify with the provider.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does Open Money serve business customers in Australia?
Open, also styled Open Money, is an Indian neobanking platform for small and medium businesses that layers current accounts, invoicing, payouts and expense management over partnerships with Indian banks. Its connected banking covers Indian banks and Indian business registration. It does not offer an account or platform to a business registered and operating in Australia.
Eligibility for businesses in Australia
Open's onboarding is built around Indian business registration and Indian partner bank accounts. It does not accept Australian Business Number registration or Australian identity documents, so an Australian registered business cannot open an Open account. Verify with the provider
What it costs locally
There is no Australian price list because Open does not sell an Australian product. Its plans and fees apply to its Indian platform and partner bank accounts and are not relevant to an Australian registered business. As of 4 December 2025
What local users report
Australian businesses cannot onboard with Open because the platform requires Indian registration and Indian partner banking. Those needing an Australian dollar account use Australian providers instead.
Questions about Open Money in Australia
Is Open Money available for business in Australia?
Does Open Money offer an Australian dollar account?
Can an Australian business use Open Money for payments?
What are the alternatives to Open Money in Australia?
Availability, fees, and eligibility change. This page was last reviewed on 4 December 2025. Confirm the current position with Open Money before applying.