Foreign Currency Term Deposit

Get a competitive return on your foreign currency.

  • Available in a wide range of currencies to suit your needs
  • No account fees to eat away at your investment
  • Invest your foreign currency savings for something like an overseas trip

More detail

If you have a lump sum of foreign currency that you don’t need to access for a while, you can earn a competitive return with a BNZ foreign currency term deposit, so you’ll be better off.

A range of terms with competitive interest rates

  • BNZ foreign currency term investments are available from seven to 180 days
  • Minimum balances apply
  • Your foreign currency is held in New Zealand, not overseas
  • Interest is calculated daily and paid at the end of the term.

Flexible options at the end of your term

  • Add to your funds and reinvest
  • Reinvest for the same term or choose a different one   
  • Withdraw some currency and reinvest the rest
  • Withdraw the full amount.

Foreign currency term deposit interest rates

Tiers and indicative interest rates as at: unable to retrieve date

Interest rates
Currency Term Tier 1 Tier 2 Tier 3 Tier 4
View rates here
View rates here
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View rates here
View rates here
View rates here
View rates here
View rates here
View rates here
USD - United States Dollars AUD - Australian Dollars CAD - Canadian Dollars
GBP - Great Britain Pounds EUR - European Community Euro SGD - Singapore Dollars
CHF - Swiss Francs HKD - Hong Kong Dollars JPY - Japanese Yen

  • These per annum interest rates are indicative only, and are updated on business days.  
  • Interest is calculated daily, based on a year having 360, 365 or other, number of days, depending upon the accounting convention relating to the currency.
  • Minimum investment levels (i.e. the minimum amount stated in Tier 1) and thresholds are subject to change at BNZ’s discretion, without notice.
  • “O/A” means rates are available on application.
  • For information on these interest rates, please contact us.

Need some help?

Enquire onlineFind a store 0800 275 269

Small print

Foreign currency account terms and conditions apply.

BNZ service fees may apply.

An adjustment of interest earned may apply to any Foreign currency term deposit broken before maturity

Further details, a copy of our Standard Terms and Conditions, a current Investment Statement for Term Investments and/or a Disclosure Statement may also be obtained from any BNZ store.

The information and recommendations on bnz.co.nz are provided for general information purposes only. To the extent that any such information or recommendations constitute financial advice, they do not take into account any person’s particular financial situation or goals. We recommend that you seek advice specific to your circumstances from your financial adviser.