Foreign currency accounts

Bank of Melbourne offers competitive Foreign Currency Accounts in all major currencies. Foreign Currency Accounts would mainly suit the business involved in both import and export as a Foreign Exchange Risk management tool. 

Advantages of this type of facility are:

• Consolidates foreign exchange transactions for ease of cash management.
• Provides a natural hedge for Importers.
• Accommodates delayed or early payments and receipts.
• Consolidates funds raised from other financing tools.
• Regular Bank Statements detailing transactions are provided.

Need more information?

If you have any questions or want more information, call us toll free on 1800 221 815.