Foreign cheques

Also known as foreign currency drafts and bank drafts, foreign cheques are a way to physically receive money from overseas.

Benefits at a glance

  • Secure way to receive money from overseas
  • Foreign cheques can be deposited at any ASB branch
  • Provides a physical record of payment
  • ASB offers competitive exchange rates and fees for depositing foreign cheques

How it works

Depositing foreign cheques

You can deposit foreign cheques into your ASB account. Funds will not be available until a hold period has passed (about 21 business days). If it's important to access the money more quickly, consider requesting payment by international money transfer instead.

Note: ASB does not sell foreign cheques.


Popular foreign exchange rates

ASB Buys Cheques
ASB Buys Int'l Transfer
ASB Sells Int'l Transfer

Australian Dollar


British Pound




Japanese Yen


U.S. Dollar

Exchange rates shown current as at .

See all ASB foreign exchange rates


Sending payment

FastNet Classic
Foreign cheques - stop payment fee

Other banks' charges may apply

Receiving payment

Foreign cheques - clean negotiated
Foreign cheques - sent on collection

Other banks' charges may apply

(plus courier fee)

Foreign cheques - clean negotiated dishonour fee

Other banks' charges may apply


Deposit your foreign cheque at ASB

What’s your cheque worth?

Use our calculator to find out what your foreign currency cheque or draft is worth in NZD.


Visit a branch

You can deposit foreign cheques at any ASB branch.

Find a branch

Call us

We’re here to help.

0800 803 804

You might also be interested in

ASB’s terms apply. Fees may change. Refer to asb.co.nz for other fees and charges. 

Foreign exchange Foreign cheques