Help & support
Information about fees and charges can be found in our Standard fees and charges for International Payments & Travel Funds
monthly account fees
Most freely convertible currencies are available. Interest calculation depends on the day count convention for the foreign currency in which the account is held. Available currencies, interest rates and their respective day count conventions are listed here.
Debit Excess Interest Rate
Credit Interest Rate
Tier 1
Credit Interest Rate
Tier 2
Credit Interest Rate
Tier 3
Credit Interest Rate
Tier 4
Credit Deposit Fee #
Day Count Convention
AED
United Arab Emirates Dirham*
9.10% p.a.
360
CAD
Canadian Dollar
12.99% p.a.
360
CHF
Swiss Franc
9.62% p.a.
360
CZK
Czech Koruna*
13.25% p.a.
360
DKK
Danish Kroner
12.14% p.a.
360
EUR
Euro
12.37% p.a.
360
GBP
Great British Pound
13.91% p.a.
365
HKD
Hong Kong Dollar
14.30% p.a.
365
HUF
Hungarian Forint*
13.75% p.a.
360
ILS
Israeli New Shekel*
13.50% p.a.
365
JPY
Japanese Yen
9.15% p.a.
360
NOK
Norwegian Kroner
13.50% p.a.
360
NZD
New Zealand Dollar
14.25% p.a.
0 - 59,999
0.00% p.a.
60,000 - 119,999
0.00% p.a.
120,000 - 599,999
4.25% p.a.
600,000+
4.50% p.a.
365
SEK
Swedish Kronor
12.41% p.a.
360
SGD
Singapore Dollar
12.64% p.a.
365
THB
Thailand Baht
11.40% p.a.
365
USD
United States Dollar
13.83% p.a.
360
ZAR
South African Rand
16.43% p.a.
0 - 249,999
0.00% p.a.
250,000 - 499,999
4.43% p.a.
500,000 - 2,499,999
5.43% p.a.
2,500,000+
6.43% p.a.
365
* These currencies are only available for Business Foreign Currency Accounts and are subject to eligibility criteria.
# Some currencies have very low or negative interest rates. If you hold an account in one of these currencies, and you are a wholesale client you may incur a Credit Deposit Fee.
If you’re eligible for a Business Foreign Currency Account, complete an application form [PDF] then visit a branch or speak to your Relationship Manager.
We no longer accept foreign cheques. You can receive payments from outside Australia directly into your account through an International Money Transfer.
Log on to NetBank or CommBiz to send an International Money Transfer (IMT) in over 30 currencies.
You’ll need to give the sender your account details including:
Fees and charges apply when making or receiving IMTs, or when initiating an enquiry, cancellation or amendment.
Sending an IMT using NetBank or the CommBank app:
Sending an IMT using CommBiz:
Sending an IMT in-branch:
1A Business Foreign Currency Account must be linked to an eligible CommBank Australian Dollar (AUD) transaction or savings account. Fees may apply to the linked account.
*These currencies are only available for Business Foreign Currency Accounts and are subject to eligibility criteria.
The target market for these products will be found within the product’s Target Market Determination, available here.
All products mentioned on this web page are issued by the Commonwealth Bank of Australia. As this information has been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances. View Terms and Conditions for Foreign Currency Account (PDF 201kb) and Terms and Conditions for CommBiz and consider them before making any decision about these products. View our Financial Services Guide (PDF 56kb). If you have a complaint, the Bank’s dispute resolution process can be accessed on 13 2221.