Foreign Currency Account

Minimise impacts of adverse currency movements

A foreign currency account can help make it easier to minimise the impact of adverse currency movements.


Foreign Currency Term Deposit*

Convenience of securing funds in a foreign currency, whilst earning interest


Foreign Currency Call Deposit*

Certainty of holding foreign currency, available for when you need it


Foreign Currency Term Deposit

Suitable for businesses that have payments and receipts in foreign currency.

Earn interest with a Foreign Currency Term Deposit account by investing at least A$100,000 (equivalent) in most major currencies.

Supporting your business

  • Suitable for customers that can commit their funds for a fixed term and in return earn a more competitive interest rate
  • Ability to tailor a rate and term to suit your specific needs

Foreign Currency Call Deposit

Suitable for businesses that require flexibility due to cash flow uncertainty or volatility. An at call deposit account for foreign currency investments with a minimum balance of A$20,000 equivalent.

Supporting your business

  • Choose from most major currencies
  • Variable interest rate depends on the currency in which the account is operated
  • Flexibility of being able to convert Australian dollars at favourable exchange rates and holding the foreign currency for future use

* Only available to businesses with an Australian Business Number unless otherwise agreed at Bankwest’s sole discretion.

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