See how you can operate your ASB Foreign Currency Account with ease.
Save on fees
No monthly account fee on ASB Foreign Currency Accounts.
The easy way to manage overseas currencies
An ASB Foreign Currency Account lets you manage money worldwide without needing to convert it to or from New Zealand dollars every time. Hold your foreign currency on-call or in a term deposit. You can decide when the time is right for you to convert your money, or make a payment.
Operating a Foreign Currency Account is easy. See our guide on managing your foreign currency.
ASB Foreign Currency Accounts may be eligible to accrue interest. An ASB Foreign Currency Term Deposit can offer a higher rate of interest than our Foreign Currency Accounts.
Interested in a term deposit? Call 0800 806 280.
Need to make an early withdrawal from your Foreign Currency Term Deposit?
You can ask to make an early withdrawal by giving us 31 days' notice. If we agree, a break fee may apply.
Foreign Currency Accounts
Deposit or Withdrawal by Foreign Cash
There are no fees to transfer between your Foreign Currency Account and your NZD accounts. Service charges and foreign exchange fees apply. Please view our guide to fees.
Foreign cash deposits may be subject to a hold period.
You'll need an ASB transaction or savings account to open an ASB Foreign Currency Account. Get started today and apply online. You'll be good to go in no time.
Please note minimum opening balances apply.
Visit any ASB branch to get foreign cash (notes) using funds in your ASB Foreign Currency Account.
Earn interest on your foreign currency by opening a Foreign Currency Term Deposit. Call the Global Markets team on 0800 806 280 and we can do this for you.