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Foreign exchange risk - International services & FX
Foreign exchange risk
For more information about ANZ foreign exchange accounts and services choose from one of the topics below.
ANZ Forward Exchange Contract
ANZ Forward Exchange Contracts allow customers to significantly reduce foreign exchange "surprises" by locking into an exchange rate as soon as they become aware of a foreign exchange exposure.
How it works
A Forward Exchange Contract is a contract between two parties (the bank and the customer). One party contracts to sell and the other party contracts to buy one currency for another at an agreed future date and at a rate of exchange which is fixed when the contract is entered into.
Forward Exchange Contracts oblige the customer to complete a transaction at the agreed rate on the agreed date.
Product information
- Forward Exchange Contracts fix the price of foreign currency transactions so that customers can determine the price of their products in advance.
- Contracts can be arranged to either buy or sell a foreign currency against New Zealand dollars or against another foreign currency.
- Contracts are available in all major currencies.
- Contracts are available for a range of purposes including trade, investment or other current commitments.
How to apply
For more information or to apply for ANZ foreign exchange accounts and services, contact an ANZ Trade Specialist:
Call 0800 ANZ TRD (0800 269 873)
ANZ credit criteria apply, and an establishment fee may be payable. Other fees, charges, terms and conditions apply.
ANZ Business Foreign Currency Call Account
If you would like easy access to your money, and have regular foreign currency payables and receivables, then the ANZ Foreign Currency Call Account is for you. Paying a competitive rate of interest, where payable, the ANZ Foreign Currency Call Account allows you the flexibility of accessing your funds as required.
Product information
Interest
- Interest, where payable, is paid on your entire balance at the equivalent of NZ$5000 and above
- Interest, where payable, is calculated daily and paid on the first business day of the next month
- Please contact us to obtain the latest foreign currency interest rates.
Features
- No minimum balance
- Foreign currency receipts can be held in an account in anticipation of a more favourable exchange rate
- Foreign currency can be bought at a known exchange rate and held until payments are due
- Overdraft facility available*
- Sweep facility available**
- Account statements available, accessible via:
- ANZ Direct Online***
How to apply
For more information or to apply for ANZ foreign exchange accounts and services, contact an ANZ Trade Specialist:
Call 0800 ANZ TRD (0800 269 873)
Monthly account fee applies. Transaction and other fees and charges apply to deposits and withdrawals. A current disclosure statement published by ANZ National Bank Limited may be obtained from any branch or agency of ANZ.
*Overdraft facility is subject to ANZ's normal lending requirements. Interest on overdrawn ANZ Foreign Currency Call Accounts is charged at a margin above the Bank's cost of funds for the currency concerned.
**ANZ credit criteria apply, and an establishment fee may be payable. Debit interest and a monthly management fee apply. Details are available upon application.
***ANZ Direct Online is only available to registered ANZ customers.
Credit interest is not always payable on all currencies or on all amounts – please contact us to confirm interest rates available.
ANZ Business Foreign Currency Investment Account
Can you tightly manage the number of transactions you make to save for a significant expense or purchase? Our ANZ Foreign Currency Investment Account may be the perfect option for your business, allowing ease of access with an incentive to invest, all while earning interest, where payable.
Product information
Spending
safeguard
safeguard
One free withdrawal a month, then NZ$5 equivalent fee for each subsequent withdrawal.
Reward
- ANZ Foreign Currency Investment Account interest rates, where payable, are higher than ANZ Foreign Currency Call Account interest rates on any given day.
- Tiered interest rates - higher balances may earn a higher rate of interest, where payable.
Interest
- Interest, where payable, is paid on your entire balance, at the equivalent of NZ$5000 and above.
- Interest, where payable, is calculated daily and paid on the first business day of the next month.
- Please contact us to obtain the latest foreign currency interest rates.
Features
- No minimum balance.
- No penalty in interest earned if you withdraw funds.
- Interest statements available.
- Account statements accessible via:
- ANZ Direct Online*
How to apply
For more information or to apply for ANZ foreign exchange accounts and services, contact an ANZ Trade Specialist:
Call 0800 ANZ TRD (0800 269 873)
Transaction and other fees and charges apply to deposits and withdrawals.
A current disclosure statement published by ANZ National Bank Limited may be obtained from any branch or agency of ANZ.
*ANZ Direct Online is only available to registered ANZ customers.
Credit interest is not always payable on all currencies or on all amounts – please contact us to confirm interest rates available.
ANZ Business Foreign Currency Term Deposit
For those interested in long term foreign currency assets, an ANZ Foreign Currency Term Deposit offers your business the certainty of a fixed rate of interest, where payable.
Product information
Minimum
balance
balance
A minimum of NZ$5,000 equivalent must remain on deposit at all times.
Terms
- Minimum term of 30 days
- Maximum term applies; contact us to discuss your options.
Interest
- Tiered interest rates, where payable
- Please contact us to obtain the latest foreign currency interest rates
- Interest, where payable, is calculated for the term and paid at maturity.
Maturity
options
options
At maturity you have the following options:
- add additional funds to your deposits and re-invest
- withdraw part of your funds and re-invest the balance
- withdraw the entire amount
- re-invest for the same or a different term.
Features
Term Deposit Confirmation Certificate
How to apply
For more information or to apply for ANZ foreign exchange accounts and services, contact an ANZ Trade Specialist:
Call 0800 ANZ TRD (0800 269 873)
Terms and conditions apply.
Transaction fees and other fees and charges apply to deposits and withdrawals. Penalties may apply for breaking a Foreign Exchange Currency Term Deposit before it matures.
A copy of the current Term Deposit Investment Statement is available on request from any ANZ branch or by calling 0800 438 737.
The balance of your ANZ Foreign Currency Term Deposit must not fall below the NZ$5,000 equivalent.
Credit interest is not always payable on all currencies or on all amounts – please contact us to confirm interest rates available.
A copy of the Bank's General Disclosure Statement and the Bank's Disclosure Statement prepared under the Securities Markets Act 1988, is available on request from any ANZ branch, free of charge.
ANZ Trade & FX Direct
In today's global market place, international banking services can be an integral component of your business.
ANZ Trade & FX Direct provides international payments, trade finance and foreign exchange services to small-to-medium-sized importers and exporters, co-ordinated by a single point of contact.
How it works
With one phone call, you can be connected to ANZ experts who can assist you with all your international banking needs. Our team includes foreign exchange and trade finance specialists who have particular expertise in complex areas.
With access to the latest foreign exchange rates and easy international payment services, ANZ Trade & FX Direct can assist with all of your company's overseas payment requirements.
More information
For more information contact the ANZ Trade & FX Direct team:
Call 0800 TFX DIRECT (0800 839 347)
Eligibility criteria, fees and charges, terms and conditions apply.
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