Home > Salary > Australia > Collections Clerk Banking
A collections clerk in banking is responsible for managing and monitoring the collection of outstanding debts owed by customers. They work closely with customers to ensure timely payments, resolve any payment issues or disputes, and maintain accurate records of all collections activities. This role involves contacting customers via phone, email, or mail to remind them of their overdue payments, negotiate payment plans, and provide assistance or guidance on payment options. Collections clerks also handle incoming customer inquiries regarding outstanding balances, payment arrangements, and account discrepancies. They collaborate with other departments, such as credit and sales, to resolve any issues that may hinder the collection process. Strong organizational skills, attention to detail, and excellent communication skills are essential for success in this role.
Estimated Yearly Salary: 79,331 AUD
Estimated Monthly Salary: 6,611 AUD
Estimated Weekly Salary: 1,526 AUD per week
Estimated Hourly Salary: 38 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,367 AUD
Estimated Weekly Salary: 1,469 AUD per week
Estimated Hourly Salary: 37 AUD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 39,439 USD
Estimated Monthly Salary: 3,287 USD
Estimated Weekly Salary: 758 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 79,331 AUD
Estimated Monthly Salary: 6,611 AUD
Estimated Weekly Salary: 1,526 AUD per week
Estimated Hourly Salary: 38 AUD per hour
By working as Collections Clerk Banking a person can save up to 869 USD per month or 10,433 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Collections Clerk Banking
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Game writer (99,331 AUD per year, pre-tax.)
Senior personal banking officer (133,054 AUD per year, pre-tax.)
Master electrician (81,075 AUD per year, pre-tax.)
Accounting coordinator (99,441 AUD per year, pre-tax.)
Emergency services coordinator (104,072 AUD per year, pre-tax.)
Collections Clerk Banking salary in Australia
Average Yearly Salary of Collections Clerk Banking in Australia is approximately 79,331 AUD (39,439 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Collections Clerk Banking do?
A collections clerk in banking is responsible for managing and monitoring the collection of outstanding debts owed by customers. They work closely with customers to ensure timely payments, resolve any payment issues or disputes, and maintain accurate records of all collections activities. This role involves contacting customers via phone, email, or mail to remind them of their overdue payments, negotiate payment plans, and provide assistance or guidance on payment options. Collections clerks also handle incoming customer inquiries regarding outstanding balances, payment arrangements, and account discrepancies. They collaborate with other departments, such as credit and sales, to resolve any issues that may hinder the collection process. Strong organizational skills, attention to detail, and excellent communication skills are essential for success in this role.
Skills: Collections clerk, Banking, Debt collection, Customer service, Payment processing, Account reconciliation.
Job industry: Banking
Job industry: Banking
How much does Collections Clerk Banking make?
Salary details
How much does Collections Clerk Banking make?Estimated Yearly Salary: 79,331 AUD
Estimated Monthly Salary: 6,611 AUD
Estimated Weekly Salary: 1,526 AUD per week
Estimated Hourly Salary: 38 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 76,408 AUDEstimated Monthly Salary: 6,367 AUD
Estimated Weekly Salary: 1,469 AUD per week
Estimated Hourly Salary: 37 AUD per hour
Last revision of data: 2024-01-05Collections Clerk Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,439 USD
Estimated Monthly Salary: 3,287 USD
Estimated Weekly Salary: 758 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Collections Clerk Banking job salary compared to average salary in Australia.
Comparison shows that a person working as Collections Clerk Banking in Australia earns on average:
0.94 times the average salary (or 94% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Collections Clerk Banking job salary compared to average salary in Australia.
Comparison shows that a person working as Collections Clerk Banking in Australia earns on average:
0.94 times the average salary (or 94% of average salary).
Is Collections Clerk Banking a well paid job?
Yes, our data show that Collections Clerk Banking is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Collections Clerk Banking?
High salary for Collections Clerk Banking would be somewhere between 87,264 AUD and 115,030 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Collections Clerk Banking in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 79,331 AUD
Estimated Monthly Salary: 6,611 AUD
Estimated Weekly Salary: 1,526 AUD per week
Estimated Hourly Salary: 38 AUD per hour
By working as Collections Clerk Banking a person can save up to 869 USD per month or 10,433 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Collections Clerk Banking
Indonesia is 6,950 USD
East Timor is 29,535 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
(1,263,730 AUD per year, pre-tax.)
2. Cardiologist
(1,046,644 AUD per year, pre-tax.)
(1,011,540 AUD per year, pre-tax.)
4. Neurosurgeon
(985,848 AUD per year, pre-tax.)
(982,803 AUD per year, pre-tax.)
(961,472 AUD per year, pre-tax.)
(960,386 AUD per year, pre-tax.)
8. Oncologist
(959,337 AUD per year, pre-tax.)
9. Urologist
(958,953 AUD per year, pre-tax.)
10. Plastic surgeon
(958,802 AUD per year, pre-tax.)
Data as of 2025Random salary:
Game writer (99,331 AUD per year, pre-tax.)
Senior personal banking officer (133,054 AUD per year, pre-tax.)
Master electrician (81,075 AUD per year, pre-tax.)
Accounting coordinator (99,441 AUD per year, pre-tax.)
Emergency services coordinator (104,072 AUD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=australia&job=collections-clerk-banking'><img src='https://optisalary.com/wp-content/graphs/salary/collections-clerk-banking-salary-in-australia-2025.jpg' alt='collections clerk banking salary in australia 2025' title='collections clerk banking salary in australia 2025' /></a>
Please note:Salary information displayed on this site is for reference exclusively.
Salary details displayed on this website are intended for informational use only. Our data comes from various inputs and may not necessarily be accurate. Users should cross-reference salary information independently before making financial decisions. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We cannot guarantee that the data provided is flawless. By using this website, you accept that salary information is presented 'as is' and without assurances.
Salary details displayed on this website are intended for reference purposes exclusively. Our data is sourced through various inputs and may not always be accurate. Users must cross-reference salary information independently before making employment decisions. The figures listed here may change due to variables such as company policies, experience levels, and demand shifts. We do not warrant that the data provided is flawless. By using this website, you accept that salary information is offered 'as is' and without assurances.