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ASB Foreign Currency Account for share trading

If you’re looking to trade shares in an international market, the ASB Foreign Currency Account can provide a simple, cost-effective way for you to settle your international trades.

Benefits at a glance

  • Settles in the currency of your choice – we offer most major currencies
  • No minimum balance to open or maintain an account
  • Can be used as a default account for settling your trades
  • Saves on unnecessary currency conversion costs when trading
  • Lets you transfer money overseas directly from your account
  • View your account balances in Online Share Trading

How it works

With an ASB Foreign Currency Account for share trading you can trade in an international share market without having to convert to and from New Zealand dollars.

You can set your ASB Foreign Currency Account for share trading as your default account for specific international markets – so funds are automatically debited from, and credited to, your account when you trade. This can be a more convenient and cost-effective way for you to trade shares internationally.

This account is designed specifically for share trading, however if you need to make a one-off international money transfer, we can help you. If you’re looking for an account to save and trade foreign currencies please see our ASB Foreign Currency Accounts and overdraft held with Global Markets.

Interest rates and fees

Interest rates

ASB Foreign Currency Accounts do not accrue interest.

Account fees

There are no account fees for the ASB Foreign Currency Account for share trading, but standard service charges and foreign exchange fees may apply.

Get started today

01. Join

Not yet an ASB Securities customer? Join online.

02. Open

Find out which international markets you can trade. Then call 0800 272 732 and let us know in which currency you'd like your ASB Foreign Currency Account for share trading.

03. Deposit

Deposit money into your ASB Foreign Currency Account for share trading so you’re ready to trade as opportunities come up.

04. Trade

Start trading using your ASB Foreign Currency Account for share trading.

Open an ASB Foreign Currency Account for share trading

Join now

Ready to join ASB Securities?

Join online

Email us

Email us to open an ASB Foreign Currency Account.

asbsecinfo@asb.co.nz

Call us

Our helpful team is available Monday to Friday, 7am to 6pm.

0800 272 732

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NZX Firm logo

ASB Securities Limited is a NZX Firm. ASB Securities terms and conditions apply. ASB Cash Management Account and ASB Foreign Currency Account are provided by ASB Bank Limited. ASB's terms apply.

ASB Securities ASB Foreign Currency Account for share trading