Foreign Currency Account (Business)

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 9.15%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 9.72%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 10.42%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 11.49%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 12.00%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 12.05%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 12.13%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 12.15%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 12.47%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 12.98%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 13.25%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 13.44%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 13.45%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 13.75%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 13.83%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 13.91%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 14.15%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 15.21%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 15.70%, Comparison Rate 0.00%
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• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 17.70%, Comparison Rate 0.00%
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• Loan Purpose:

 Product Features

• Other Additional Information: Avoid conversion fees when making and receiving payments in foreign currency without having to convert in and out of Australian dollars.

• Digital Banking Additional Information: View and transact on your accounts in real-time through CommBiz, the CommBiz mobile app or NetBank, wherever you are.

• Other Additional Information: Choose whether to convert funds into Australian dollars straight away, or hold at call in Australia and exchange at a later time.

• Other Additional Information: Have complete flexibility to manage your accounts to suit your business needs.

• Other Additional Information: No monthly account keeping fees. Fees may apply to linked accounts e.g. CommBank transaction or savings accounts.

• Other Additional Information: Please check the Commbank website for current Credit Deposit Fee.

• Other Additional Information: Please check the Commbank website for current credit interest rates. The interest calculation depends on the day count convention for the foreign currency in which the account is held.

• Other Additional Information: Please check the Commbank website for current debit excess interest rates.

• Other Additional Information: And hold your money at call in Australia to use when you need it. For foreign currency cash withdrawals, please check at your local branch

 Product Eligibility

• Business Additional Information: Business Foreign Currency Accounts can only be opened for business purposes.

• Min Age - 18. Additional Information: In order to open an FCA you must be 18 years of age or older.

• Other Additional Information: In order to open an FCA you must have an eligible AUD account with the Bank.

• Other Additional Information: Domestic businesses (e.g. a sole trader, company, etc.), have an ABN or ACN where relevant.

• Other Additional Information: Foreign companies that carry on business in Australia must be registered with ASIC. The eligibility of other foreign companies will be subject to review on a case-by-case basis.

 Bank Fees and Charges

• International Money Transfers Sent (Event), Amount: 30.00. Additional Information: Issued via a branch. Fee must be paid in Australian Dollars or debited from an Australian Dollar Account.

• International Money Transfers Sent (Event), Amount: 25.00. Additional Information: Amendment to payment instruction, i.e. beneficiary, bank, address when requested by customer, or where the overseas bank is unable to process payment on original instruction. Overseas bank charges (which may vary from country to country) could apply in addition to the charges listed above. $25.00 per request plus overseas banks' costs.

• International Money Transfers Sent (Event), Amount: 25.00. Additional Information: Cancellation and request for funds to be returned. This is a request only and is dependent on the overseas bank obtaining the relevant debit authority to be able to return funds. Returned funds will be converted back to the currency of the funding account at the published Banks buys IMT rate on the day it is credited to the funding account. Overseas bank charges (Which may vary from country to country) could apply in addition to the charges listed above. $25.00 per request plus overseas banks' costs.

• International Money Transfers Sent (Event), Amount: 25.00. Additional Information: Investigation of sent International Money Transfer (trace). This is a request only and is dependent on the overseas bank obtaining the relevant debit authority to be able to return funds. Returned funds will be converted back to the currency of the funding account at the published Banks buys IMT rate on the day it is credited to the funding account. Overseas bank charges (Which may vary from country to country) could apply in addition to the charges listed above. $25.00 per investigation includes any subsequent follow up request.

• Account Keeping Fees (Periodic), Amount: 0.00. Additional Information: No account-keeping fees. A Business Foreign Currency Account must be linked to an eligible CommBank Australian Dollar (AUD) transaction or savings account. Fees may apply to the linked account.

• Deposits Of Foreign Currency Notes In Branch (Event), Amount: Not Listed.. Additional Information: 1% of transaction amount (minimum $10.00 per transaction)

• Withdrawal Of Foreign Currency Notes In Branch (Event), Amount: Not Listed.. Additional Information: 1% of transaction amount (minimum $10.00 per transaction)

• International Money Transfers Sent (Event), Amount: 6.00. Additional Information: Transaction value is less than or equal to $1000 AUD equivalent. Issued via Netbank or the CommBank app. Funds debited from an AUD account and converted to foreign currency.

• International Money Transfers Sent (Event), Amount: 12.00. Additional Information: Transaction value is greater than $1000 AUD equivalent. Issued via Netbank or the CommBank app. Funds debited from an AUD account and converted to foreign currency.

• International Money Transfers Sent (Event), Amount: 22.00. Additional Information: Issued via NetBank or the CommBank app. Funds debited and credited in AUD currency (no FX conversion).

• International Money Transfers Sent (Event), Amount: 6.00. Additional Information: Issued via NetBank or the CommBank app. Funds debited from a Foreign Currency Account.

• International Money Transfers Received (Event), Amount: 11.00. Additional Information: Up to $11.00 per transfer. Fee charged depends on arrangements with overseas banks. For credit of a Commonwealth Bank Australian Dollar (AUD) account (regardless of currency).

• International Money Transfers Received (Event), Amount: 11.00. Additional Information: Up to $11.00 per transfer. Fee charged depends on arrangements with overseas banks. For credit of a Commonwealth Bank Foreign Currency Account.

• International Money Transfers Received (Event), Amount: 25.00. Additional Information: Up to $25.00 per transfer. Fee charged depends on arrangements with overseas banks. For credit of an AUD account at another bank.

• International Money Transfers Received (Event), Amount: 35.00. Additional Information: Up to $35.00 per transfer. Fee charged depends on arrangements with overseas banks. For credit of a Foreign Currency Account at another bank.

• International Money Transfers Received (Event), Amount: 20.00. Additional Information: Up to $20.00 per transfer. Fee charged depends on arrangements with overseas banks. Payment by bank cheque

• Transfers To Or From Linked Commonwealth Bank Accounts (Event), Amount: 0.00. Additional Information: Free transfers between your own Commonwealth Bank linked accounts.

• Transfer To Non-linked Commonwealth Bank Account In Branch (Event), Amount: 0.00. Additional Information: Free transfers to non-linked Commonwealth Bank linked accounts at a branch.

• Transfer To Non-linked Commonwealth Bank Account Through Netbank (Event), Amount: 6.00. Additional Information: $6 per transfer to non-linked Commonwealth Bank linked accounts via NetBank. Transactions greater than AUD 250,000 require a dealer-quoted FX rate and are not available in NetBank.

• Transfer To Non-linked Commonwealth Bank Account Through Commbiz (Event), Amount: 6.00. Additional Information: $6 per transfer to non-linked Commonwealth Bank linked accounts via CommBiz.

• International Money Transfers (imts) To Non-commonwealth Bank Accounts In Branch (Event), Amount: 30.00. Additional Information: $30 per IMT to non-Commonwealth Bank accounts at a branch.

• International Money Transfers (imts) To Non-commonwealth Bank Accounts Through Netbank (Event), Amount: 6.00. Additional Information: $6 per IMT to non-Commonwealth Bank accounts via NetBank. Transactions greater than AUD 250,000 require a dealer-quoted FX rate and are not available in NetBank.

• International Money Transfers (imts) To Non-commonwealth Bank Accounts Through Commbiz (Event), Amount: 6.00. Additional Information: $30 per IMT to non-Commonwealth Bank accounts via CommBiz.

• International Money Transfers Sent In Gbp (Event), Amount: 17.00. Additional Information: This option is available for selected countries and currencies only. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

• International Money Transfers Sent In Usd (Event), Amount: 37.00. Additional Information: This option is available for selected countries and currencies only. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

• International Money Transfers Sent In Nzd (Event), Amount: 17.00. Additional Information: New Zealand. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

• International Money Transfers Sent In Euro (Event), Amount: 33.00. Additional Information: Belgium. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

• International Money Transfers Sent In Euro (Event), Amount: 33.00. Additional Information: Germany. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

• International Money Transfers Sent In Euro (Event), Amount: 33.00. Additional Information: The Netherlands. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

• International Money Transfers Sent In Euro (Event), Amount: 33.00. Additional Information: Portugal. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

• International Money Transfers Sent In Euro (Event), Amount: 33.00. Additional Information: United Kingdom. The option to pay an additional fee to cover charges by overseas banks is available for International Money Transfers sent via Branch, CommBiz or by prior arrangement with your Relationship Manager. This option is not available via Netbank and the CommBank app. The additional fee must be paid in Australian dollars.

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