Foreign currency accounts

Hold funds in a foreign currency rather than having to convert your money into New Zealand dollars. Handy if you regularly make or receive foreign payments, or if you’ve recently moved to New Zealand.

Features & benefits

  • You can access your account through internet banking

  • Convert your foreign currency when you think exchange rates look good

  • You’ll get a unique account number, so you can receive payments directly into your account.

How it works

  • What you need

    To open a Kiwibank Foreign Currency Account, you’ll need a minimum deposit of NZ$500. You’ll also need to have a Kiwibank everyday account, so you can see your Foreign Currency Account in internet banking and the mobile app.

  • Currencies

    Foreign currency accounts are available in: Australian dollars, Canadian dollars, Danish krone, Euro, Great British pounds, Hong Kong dollars, Japanese yen, Norwegian Krone, Singapore dollars, South African rand, Swedish krona, Swiss francs and US dollars.

  • Deposits via internet banking or transfers

    You can transfer money through internet banking or via an international money transfer if you’re overseas. You can’t deposit physical foreign cash into your foreign currency account.

  • Withdrawals

    There’s no EFTPOS card access to foreign currency accounts, so you can’t withdraw cash directly. Instead, you can use internet banking or the mobile app to transfer money to other accounts.

Get in touch

If you’d like to open a foreign currency account with Kiwibank, get in touch with our international team.

Contact us

You can send an email to our team at international@kiwibank.co.nz or call us on 0800 222 490.