Benefits and features

Flexible, low-cost account

  • Make payments, get receipts and invest in foreign currencies.
  • No minimum ongoing balance requirements.
  • Overdraft facility is available (on application) for business customers1.

Enjoy competitive interest rates

  • You earn interest on whatever portion of the credit balance (on selected currencies) is over USD$5,000.
  • Interest is paid quarterly.
  • You only pay interest on 6 of 19 currencies.
  • Interest rates are published online weekly.

Get seamless access to your foreign currency

Through NAB Connect you can:

  • hold foreign currency in Australia.
  • access your account anywhere.

Be in control of your foreign currency

  • You can better manage your currency risk.
  • Convert currency when it suits you.
  • Statements can be issued whenever you’d like, traditionally weekly, monthly or quarterly.

What's included

Important information

1 Available to business customers only. Lending criteria, terms and conditions apply. Fees, interest rates, terms and conditions will be detailed in your Letter of Offer.

Business Banking Fees – A guide to fees and charges

NAB Foreign Currency Account – Onshore, Terms & Conditions (PDF, 362KB )

Indicator Rates - For Foreign Currency Account (PDF, 88KB)

NAB recommends you consider the Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding these products. These products are issued by National Australia Bank Ltd ABN 12 004 044 937.

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