Foreign Exchange

Suncorp Bank can provide foreign currency solutions to suit your business.

Offering you protection against future fluctuations in foreign currency so you can plan your cashflows more accurately, and assistance benefitting from favourable movements in foreign currency exchange rates.

Foreign Exchange Products

Spot Contracts

An agreement to buy or sell foreign currency that is settled within 2 business days of the deal.

Spot Contracts Product Information Document

Forward Exchange Contracts

A Forward Exchange Contract (FEC) is a binding agreement between two parties to exchange one currency for another on an agreed date (but not Value Spot) at an agreed rate.

Forward Exchange Contracts Product Information Document

Foreign Currency Options

A Forward Exchange Contract (FEC) is a binding agreement between two parties to exchange one currency for another on an agreed date (but not Value Spot) at an agreed rate.

Foreign Currency Options Product Information Document

Foreign Exchange Swaps

A Foreign Exchange Swap involves the exchange of one currency for another at an agreed exchange rate and start date, and then a re-exchange of these two currencies at an agreed end date and exchange rate. The exchange rates are agreed at the time the Foreign Exchange Swap is entered into, thereby removing exposure to exchange rate movements during the term of the Foreign Exchange Swap.

Foreign Exchange Swaps Product Information Document

Value Tomorrow & Spot

Value Tomorrow & Spot relates to the timing of the settlement of an agreed foreign exchange transaction. Value Spot is an agreement for settlement in 2 business days’ time, however Value Tomorrow is settled the next available business day.

Value Tomorrow & Spot Product Information Document

Useful forms

Foreign Currency Telegraphic Transfer Application form (PDF)
Treasury Direct Debit Form (PDF)
Standard Settlement Instructions (PDF)

Exchange rates

Check out the latest Foreign Exchange rates from all over the world.

View latest rates

Foreign Currency Deposit account

Deposit, invest or transact in foreign currency and save on conversion fees.

Find out more

Ready to get in touch?

Contact our Foreign Exchange Sales team

We're open weekdays, from
8am - 5:30pm AEST

Call us on 1300 557 763

Foreign Exchange Products are issued by Suncorp-Metway Ltd ABN 66 010 831 722. Please read the relevant Product Disclosure Statement or Product Features Booklet before you make any decisions regarding any of these products. Contact us for a copy.