# CommBank (Commonwealth Bank of Australia)

> Source: https://docs.barcoder.ai/docs/wallets/commbank
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [CommBank — official](https://www.commbank.com.au/)

## Overview

**CommBank (Commonwealth Bank of Australia)** is **ASX: CBA** + **Australia's largest commercial bank by assets + market capitalization** + **~17M+ Australian customers** + **Big Four Australian bank with NAB + ANZ + Westpac** <sup>[1][1], [Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup>.

## History

**Dec 22 1911 — Commonwealth Bank of Australia founded as Australian federal government-owned bank** distinctive Australian banking heritage.

**1991-1996 — Commonwealth Bank progressive privatisation via three IPO tranches on ASX**.

**2011 — CommBank mobile banking app launch**.

**2018 — CommBank AUSTRAC AML breach scandal + ~$700M fine**.

## Ownership & operator

**Operating entity**: **Commonwealth Bank of Australia CBA** (Australia's largest commercial bank by assets + market capitalization; ASX: CBA).

**Major shareholders**: **Australian + international retail + institutional + foreign investors free float (no major controlling shareholder)**.

**Regulators**: **APRA + ASIC + Reserve Bank of Australia**.

## Technical integration

CommBank mobile app (iOS + Android; ~17M+ Australian customers) + commbank.com.au online + CommBank branch network across Australia + ASB Bank New Zealand subsidiary + Bankwest Australian subsidiary + CommBank Visa + Mastercard + EFTPOS cards; PayID + New Payments Platform NPP + AU BSB + Osko (Australian fast P2P payment scheme).

## Implementations & partners

**CommBank subsidiaries**: Bankwest (Bankwest Australian retail bank; CommBank Western Australia subsidiary) + [ASB Bank](https://docs.barcoder.ai/docs/wallets/asb-bank) (ASB Bank New Zealand; CommBank New Zealand subsidiary).

**Major Australian banking + payments competitors**: [NAB Mobile Banking (National Australia Bank)](https://docs.barcoder.ai/docs/wallets/nab) (NAB National Australia Bank; ASX: NAB; Australia's #2 bank by assets) + [ANZ (Australia and New Zealand Banking Group)](https://docs.barcoder.ai/docs/wallets/anz-australia) (ANZ Australia and New Zealand Banking Group; ASX: ANZ; Australia's #3 bank by assets) + [Westpac Mobile App](https://docs.barcoder.ai/docs/wallets/westpac) (Westpac Westpac Banking Corporation; ASX: WBC; Australia's #4 bank by assets) + [Bendigo Bank (Bendigo and Adelaide Bank)](https://docs.barcoder.ai/docs/wallets/bendigo-bank) (Bendigo and Adelaide Bank; ASX: BEN; Australian regional bank) + [Suncorp Bank](https://docs.barcoder.ai/docs/wallets/suncorp-bank) (Suncorp Bank; ASX: SUN; Australian regional bank; ANZ acquired Aug 2024 ~$4.9B) + [Macquarie Bank](https://docs.barcoder.ai/docs/wallets/macquarie-bank) (Macquarie Bank; ASX: MQG; Australian investment bank + retail banking) + [UBank](https://docs.barcoder.ai/docs/wallets/ubank) (UBank NAB's Australian digital bank subsidiary) + [Up Bank](https://docs.barcoder.ai/docs/wallets/up-bank) (Up Bendigo Bank-anchored Australian digital bank) + [Wise (formerly TransferWise)](https://docs.barcoder.ai/docs/wallets/wise) (Wise UK + global multi-currency account) + [Revolut](https://docs.barcoder.ai/docs/wallets/revolut) (Revolut UK global; Australian operations + AFSL holder).

**Regulators**: APRA + ASIC + Reserve Bank of Australia.

## Status

**Active, ASX:CBA + Australia's largest commercial bank by assets + market capitalization + ~17M+ Australian customers + Big Four Australian bank with NAB + ANZ + Westpac** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.commbank.com.au/ "CommBank — official"
[2]: https://en.wikipedia.org/wiki/Commonwealth_Bank "Commonwealth Bank — Wikipedia"
[au-cro]: https://docs.barcoder.ai/docs/payments/AU

- [1] [CommBank — official][1]
- [2] [Commonwealth Bank — Wikipedia][2]
- <sup>[Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup> In-corpus: `reports/countries/AU-australia.md`

## Source

Biography extracted from [commbank.md](https://docs.barcoder.ai/source/wallets/commbank). See `matrix.md` for standards-support matrix if present.