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.
Foreign Currency Accounts
A Foreign Currency Account is a New Zealand bank account that is held in a currency other than New Zealand Dollars (NZD).
A Foreign Currency Account may be an ideal solution if you are looking to reduce your foreign exchange rate exposure ahead of future foreign currency payments/receipts, or if you are holding foreign currency in anticipation of favorable exchange rate movements.
ANZ offers Foreign Currency Accounts in most major currencies and may also consider minor currencies on request.
Product information
| Currency | Fee amount |
|---|---|
| USD | $4 |
| AUD | $4 |
| GBP | £3 |
| EUR | €3 |
| JPY | ¥350 |
| CAD | $4 |
Access
Foreign Currency Account balances are held on call ensuring you can access your funds immediately when you need. Accounts can be accessed via ANZ Transactive, ADO, Phone Banking* or by visiting any ANZ branch.
For more information, speak to your ANZ Business Manager one of our Foreign Currency Account specialists by calling 0800 863 863.
This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product.
Our Reserve Bank disclosure statement and our Foreign Currency Term Deposit Investment Statement are available on www.anz.co.nz or on request from any ANZ branch, free of charge.
All fees are subject to change. Transaction and other fees may apply. Credit interest is not always payable on all currencies and is subject to minimum credit balances and interest rate tiers as determined by ANZ and may be altered at any time by ANZ.
* ANZ Phone Banking International Services are only available between 8.30am and 5.00pm Monday to Friday (New Zealand time) excluding New Zealand public holidays.
Foreign Currency Term Deposits
A Foreign Currency Term Deposit is a fixed term investment held in a currency other than New Zealand Dollars (NZD).
A Foreign Currency Term Deposit may be an ideal solution if you are holding foreign currency, do not require immediate access to your funds, and would like to ensure that a set rate of interest is paid for an agreed period.
ANZ offers Foreign Currency Term Deposits in most major currencies and may also consider minor currencies on request. To set up a Foreign Currency Term Deposit you must first have a Foreign Currency Account held in the same currency.
Product information
| Currency | Minimum deposit amount |
|---|---|
| USD | $10,000 |
| AUD | $10,000 |
| GBP | £5,000 |
| EUR | €7,500 |
| JPY | ¥850,000 |
| CAD | $10,000 |
For more information, speak to your ANZ Business Manager one of our Foreign Currency Account specialists by calling 0800 863 863.
This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product.
Our Reserve Bank disclosure statement and our Foreign Currency Term Deposit Investment Statement are available on www.anz.co.nz or on request from any ANZ branch, free of charge.
All fees are subject to change. Transaction and other fees may apply. Credit interest is not always payable on all currencies and is subject to minimum credit balances and interest rate tiers as determined by ANZ and may be altered at any time by ANZ.
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A copy of the Bank's General Disclosure Statement under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any ANZ branch, free of charge. This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. If you wish to consult one of ANZ's financial advisers, please contact us on 0800 269 296.
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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