Foreign Currency Account
Overseas currency held in New Zealand
- No monthly account fee.
- Save on unnecessary conversion costs.
- Enables easy access.
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More about
Interest rates and fees
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More about
An ASB Foreign Currency Account allows you to hold foreign currency in a New Zealand account - either on-call or as a term deposit.
Such an account is ideal for individuals or businesses who regularly make transactions or receive payments in a foreign currency.
Saves on unnecessary conversion costs
There is no need to convert foreign currency to New Zealand dollars or back again. You can simply hold the funds in the foreign currency until you need them.
Provides flexible currency management
As on-call funds are easily accessible, it provides a convenient way to help manage your foreign exchange risk.
Enables easy access
You can manage your business Foreign Currency Account funds by contacting ASB Global Markets on 0800 806 280* or simply visit any ASB branch. You can also view your Foreign Currency Account balances and transactional information via the International Module of FastNet Business.
*International callers please dial +64 9 302 3055
Terms and conditions: Foreign currency accounts are subject to ASB's account opening criteria, Foreign Currency Account Terms and Conditions, Foreign Exchange Terms and Conditions; and Personal or Business Rural and Corporate Terms and Conditions; and FastNet Classic Terms and Conditions or FastNet Business Terms and Conditions as applicable apply. A copy of the ASB Global Markets Investment Statement for Term Deposits and ASB's current Disclosure Statement are available free of charge from any ASB branch. Fees apply.
