Commonwealth Bank Foreign Currency Account Review for 2018

Please contact us on , between 8am Monday and 6am Saturday Sydney time. You may be asked to provide details of Correspondent Banks which the Commonwealth Bank maintains accounts with. It also provides details about the application process and next steps. Global Indices Cash CommSec offers a range of global indices, giving you the opportunity to trade the share market as a whole rather than trading individual stocks. The daily volumes and price fluctuations mean that traders can concentrate a great deal of their attention on the charting patterns of the stock.

View the Terms and Conditions issued by Commonwealth Bank of Australia for Foreign Currency Account, and consider it before making any decision about this product. View our Financial Services Guide.

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This article helps you compare and choose the cheapest way to send your money overseas. Buying travel money or transferring money overseas can be expensive and confusing. So how do you make the best choice and get the most out of your money? An easy way is to use a comparison table for either international money transfers or currency exchange.

These tables list and compare the banks with other large foreign exchange companies. You can work out a cheaper way of converting currency while still keeping your money safe. Skip to content A Commonwealth Bank foreign currency account may be an excellent choice for your business banking needs. Which Currencies Are Available? Exchange Rates Exchange rates are volatile and are subject to change at a moments notice.

Similar Accounts from Other Banks Commonwealth Bank has a long-established history as one of the premier banking institutions in Australia, with tons of customers throughout the country. Explained and Compared This guide runs through the fundamentals of how foreign currency accounts work as well as the best and worst features.

Read this comprehensive review to find out. Available currencies and their respective day count conventions are below. Fees may apply to your linked account. Send money easily and safely to over countries in over 30 currencies available in NetBank, the CommBank app or in any branch. Important information As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.

View the Terms and Conditions issued by Commonwealth Bank of Australia for Foreign Currency Account , and consider it before making any decision about this product. View our Financial Services Guide. About the Foreign Currency Account. Features and benefits Access your account Currencies Fees and charges. Choose from major global currencies Convert funds when it suits you Save on conversion costs Hold foreign currency in Australia View real-time account information and manage your account online through NetBank Fee-free transfers between linked Commonwealth Bank accounts Earn interest on selected currencies Learn more.

How it works

A Commonwealth Bank foreign currency account may be an excellent choice for your business banking needs. Each day, the global economy becomes increasingly connected, leading more businesses to search for a banking partner that can provide them with the know-how and flexibility they need to handle banking in any currency. Commonwealth Bank admits to losing almost 20 million bank account records - The Commonwealth Bank has issued a statement admitting it lost backup data on tape for more than 15 years of customer statements in , affecting almost 20 million accounts. The Commonwealth Bank Business Online Saver is a flexible savings account designed to give you total access to your funds, while still paying you interest on your balance. There are no minimum.