You are here:

You are not logged on. Log on to Personal Internet Banking Australia Internet Banking Not logged on to Australian Personal Internet Banking

Foreign Currency Savings Account

With a wide range of currencies available, the HSBC Foreign Currency Savings Account provides an easy way to save in a foreign currency.

A convenient way to save in a foreign currency

Account Features:

Apply for an HSBC Foreign Currency Savings Account
  • Easy access to your foreign currency funds via Branch, Internet and Phone Banking.
  • Access to HSBC Get Rate which offers you real-time exchange rate quotes.
  • Low minimum account balance requirements.
  • Competitive interest rates on selected foreign currencies.
  • Unlimited deposits and up to 10 withdrawals each month at no charge.

Deposit Requirements and Available Currencies

Currency
Opening Deposit
United States Dollars (USD)
1,000
Great Britain Pound Sterling (GBP)
500
Euro (EUR)
1,000
Hong Kong Dollars (HKD)
6,000
Canadian Dollars (CAD)
1,000
Japanese Yen (JPY)
100,000
New Zealand Dollars (NZD)
10,000
Singapore Dollars (SGD)
1,500
Renminbi (RMB) (currency restrictions apply)
5,000

Monthly Balance Requirement

Average monthly balance requirement
Equivalent of AUD 1,000

Account Access

Branch
Yes
Internet Banking
Yes
Phone Banking
Yes
Inward Telegraphic Transfer
Yes
Outward Telegraphic Transfer
Yes
Visa Debit Card
No
ATM/EFTPOS/BPAY ®
No

Account Fees and Charges

Transaction Description
Number of withdrawals per month at no charge
Fee for each excess transaction
Deposits
Unlimited
N/A
Withdrawals
10
AUD 7
Cash deposits and withdrawals are restricted to AUD, USD* and HKD* and a cash handling fee applies. Fees apply for selected foreign currency transactions and other account services. Please refer to our fees and charges guide for full details.

Monthly fee payable where average monthly balance falls below AUD 1,000
Equivalent of AUD 10

Statements

You'll receive a statement every 6 months unless you've requested one be sent to you more frequently.

You can also enjoy the convenience of receiving your statements in an electronic format through e-Statements available in HSBC Personal Internet Banking. Simply visit our e-statements page for more information.

Apply for a Foreign Currency Savings Account

I am an HSBC Australia customer with Personal Internet Banking

Log on and apply

I am a new customer or I do not have Personal Internet Banking

Download an application form and a Customer Identification - Authorised Referee form

or call us on 1300 308 021

*Cash withdrawals for amounts greater than the equivalent of AUD 1,000 are subject to 24 hours prior notice or branch availability.