Foreign exchange services enable you to buy or sell a foreign currency against USD or another foreign currency.
Our Foreign Exchange Services are simple and easy to use and offer currency choices.
In today’s global and highly competitive world reliance on a single currency can be highly risky. Currency choices allow both businesses and individuals the opportunity of potential benefits from using Foreign Exchange. Well considered and managed currency choices have the potential to reduce costs and to deliver benefits from foreign exchange rate movements. ANZ Royal Bank is able to help you here.
- in all major countries.
Types of Foreign Exchange Services offered.
- Value same day: This helps you to purchase or sell foreign currency at today’s price to meet your immediate needs.
- Forward foreign exchange contracts: This provides you an exchange rate today for goods or services you plan to use in the future. It allows you to fix a price in advance. With this comes flexibility because the contract can be extended, pre-delivered or cancelled whenever you wish.
- Subject to bank credit assessment: Forward Exchange Contracts mean you may not need to make payment, till the future date you requested for delivery of the foreign currency.
- Meanwhile, your foreign exchange rate is fixed.
Foreign Currency Accounts:
- this allows you to reduce reliance on USD by holding some part of your savings / funds in another major currency. Foreign Exchange is the key which provides you the opportunity to hold a Foreign Currency Account.
Please speak with ANZ Royal Bank staff for details.