If you regularly make transactions in foreign currency, this account can save you conversion fees and may earn you interest.

Ideal for exporting or importing businesses, frequent travellers or foreign exchange traders. You may earn interest on your foreign currency.

Interest is calculated daily and credited to your account at the end of each month in the currency in which the account is held.

If you have this set minimum balance or more then the interest you earn depends on the current market interest rates. To open a foreign currency account, visit any Westpac branch in New Zealand and bring identification—e. For companies, trusts, estates, or incorporated societies we'll need some additional paperwork. Call us on 7am to 11pm, 7 days a week for more information. Foreign Currency Account - Fees Interest rates and fees are current as at 22 June and are subject to change without notice.

The information on this page and terms, conditions and pricing for Foreign Currency Accounts may vary from time to time.

Foreign exchange rates | Westpac

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Foreign currency account | International & Migrant - Westpac NZ

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I want to travel I want to send money overseas I want to use ATMs overseas I need travel insurance I'm moving to New Zealand. Foreign currency account If you regularly make transactions in foreign currency, this account can save you conversion fees and may earn you interest.

Overview Opening a foreign currency account Rates and Fees Overview Key benefits immediate access to your foreign money ideal for accepting payments or paying bills in a foreign currency can be used to help you deal in the foreign exchange market you may earn interest on your money in a foreign currency a minimum balance will apply open an account with any amount, in all major currencies pay foreign currency bills with a draft or telegraphic transfer Note: Online Banking, phone banking, and cheque access are not available.

Earning interest on your money You may earn interest on your foreign currency. Give us a call us on 7am to 11pm, 7 days a week for details on minimum balances. To be eligible to open a foreign currency account, you must hold other accounts with us.

How Can We Help. Contact us Give us feedback. Interest rates and fees are current as at 22 June and are subject to change without notice.

The NZD 10 equivalent fee will be charged in your chosen currency and calculated using the cross-currency rate as at the close of the business day prior to charging.