Foreign Currency Bank Account. Check, manage & track your Foreign Currency Account, alongside your other CommBank accounts, in NetBank. You can use a foreign currency account for business and personal needs.
Foreign Currency Account (FCA) is a transactional account denominated in a currency other than the home currency and can be maintained by a bank in the home country (onshore) or a bank in another country (offshore).
Other banks involved in processing the foreign currency cheque or draft will charge dishonour fees.
Comparing foreign currency account i with foreign currrency account
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Foreign currency accounts for foreigners - an ideal way to keep your home currency savings ...
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Specimen Signature Card:
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The Metro Bank Foreign Currency Account doesn't come with a cheque book or debit card - so you can't take money out at a cash machine. You can make or receive payments in foreign currencies, such as USD and HKD, without having to convert to or from AUD first. Stashing money in different currencies gives you greater diversification, says Ann Logue, author of "Emerging Markets for Dummies." But there are other good reasons for bypassing the buck.
