ASB Foreign Currency Accounts
Operating a Foreign Currency Account is easy. See our guide on managing foreign currency. Log in to FastNet Classic internet banking to open one, and start transacting.
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.
Calculator
Popular foreign exchange rates
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ASB Buys Cheques
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ASB Buys Int'l Transfer
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ASB Sells Int'l Transfer
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AUD
Australian Dollar |
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GBP
British Pound |
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EUR
Euro |
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JPY
Japanese Yen |
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USD
U.S. Dollar |
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Exchange rates shown current as at .
Fees
Sending payment
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Staff-assisted
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FastNet Classic
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Foreign cheques - stop payment fee
Other banks' charges may apply |
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Receiving payment
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Fee
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Foreign cheques - clean negotiated
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Foreign cheques - sent on collection
Other banks' charges may apply |
(plus courier fee) |
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Foreign cheques - clean negotiated dishonour fee
Other banks' charges may apply |
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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.
You might also be interested in
FastNet Classic internet banking
No matter where in the world you are, you can quickly and securely do a range of foreign exchange transactions anytime with FastNet Classic internet banking and the ASB Mobile app.
We're here to help you
Frequently asked questions
Manage currency
ASB’s terms apply. Fees may change. Refer to asb.co.nz for other fees and charges.
