How is the interest rate on a Foreign Currency Account (FCA) calculated?
Any payable or chargable interest on a foreign currency account is calculated daily and will be paid or charged monthly to your account. This is based on a 360 or 365-day year, depending on the currency of the account.
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A spot FX transaction typically settles two business days after the trade date (depending on the market convention for the ...
Visit any ASB Branch and we’ll help you change your money back into New Zealand dollars. You don’t need to ...