If you trade overseas, it's important to remember that even small changes in an exchange rate can have a big impact on your profitability. That's because the difference in the total value of your deal comes out of your margin. We have a range of tools available to help you manage this risk more effectively, watch our FX videos.
Simpler international payments with less risk
Foreign currency accounts let you hold your funds in a foreign currency in New Zealand and send and receive payments in that currency when it suits you. You save on conversion costs and you reduce your exposure to changes in exchange rates.