Benefits and features

Attractive returns

  • Take advantage of interest rate differentials between Australia and other currencies.
  • Receive an interest rate that may be higher than prevailing interest rates for comparable foreign currency deposits.

Flexible options

  • Invest a minimum of AUD$100,000 plus.
  • Choose a term from 1 month to 1 year.
  • Choose from the following 5 currencies: USD, EUR, GBP, JPY, NZD.

Invest with confidence

  • Fixed interest rate is locked in from opening date until maturity.
  • As one of Australia's major financial institutions, your NAB Enhanced Deposit account is our liability.

Plan for the future

  • Earn an enhanced return on your foreign currency deposits.
  • Meet future foreign currency requirements.

Key risks

  • No early withdrawal.
  • Market risk. Interest rates and foreign exchange rates may rise and fall after you've made your deposit. You won't receive any benefit from favourable movement in these rates during the term of your NAB Enhanced Currency Deposit.


The NAB Enhanced Currency Deposit is only available to Private Wealth clients.

If you already have a Private Banker, they can provide more information and help you with the application process.

For more information, visit Private Wealth.

Rates and fees

  • $0 establishment fee.
  • $0 ongoing fee.

How to apply

Please contact your NAB Private Banker.

Important information

  • Laws and regulations might change during the term of your NAB Enhanced Currency Deposit. Download a copy of the NAB Financial Services Guide (PDF, 272KB).
  • You should read the product disclosure statement (PDS) dated 18 December 2015. You can obtain a copy of the NAB Enhanced Currency Deposit PDS (PDF, 1.4MB), and seek independent legal, financial and tax advice to see if a NAB Enhanced Currency Deposit is right for you. NAB Enhanced Currency Deposits can only be acquired on the application form attached to the PDS.
  • The information contained in this website has been prepared for the purpose of providing general information only without taking account of any particular investor's objectives, financial situation or needs and is not an offer to sell, or solicitation of an offer or a recommendation to buy any financial product and is not intended to be a complete summary or statement of the NAB Enhanced Currency Deposit. The information contained in this website is not a product disclosure statement and it does not contain all of the information that such a product disclosure statement is required to contain. An investor must, before making any investment decisions, consider the full details set out in the PDS and seek professional advice, having regard to the investor's objectives, financial situation and needs.
  • If you invest in a NAB Enhanced Currency Deposit, NAB or any of its related bodies corporate (NAB Group) may receive remuneration or other benefits in relation to your investments as specified in the PDS.
  • NAB voluntarily subscribes to the Code of Banking Practice which lays down standards of good banking practice for dealing with small businesses and individuals. A copy of the Code can be obtained by calling 13 10 12.

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