|
|
|
| Home>Banking>Foreign Currency Accounts>Multi Currency Account |
|
|
 |
 |
|
   |
- You need to hold foreign currency for personal or investment purposes
- You want competitive interest rates
- You would like to invest in a wide range of currencies, including USD, Euro, GBP, and NZD
- You would like to choose between at call or fixed term account
|
- Highly competitive rates with interest calculated daily
- Funds can be easily available or locked away for a fixed term
- No up-front or monthly account keeping fees
- The ability to manage your foreign currency needs in Australia
- A wide range of currencies to choose from including USD, Euro, GBP, and NZD
- Further diversification of your investment portfolio
- Minimum investment $10,000 AUD or equivalent in another currency
|
- A "transparent" market - Foreign currencies are traded almost 24 hours a day in different market centres around the world. Individual investors can get updated information on exchange rates and interest rates on all major currencies easily and can trade through well established banks and financial institutions.
- High liquidity - Most foreign currency can be regarded as a cash equivalent asset in your portfolio. With the heavy trading volume, you can ensure your asset liquidity and enjoy greater financial flexibility.
- Attractive returns - The high volatility of the market can allow experienced investors to profit within a relatively short period if the rates move in their favour, offering higher return potential over a flexible investment time frame.
- Convenience and flexibility - Investors do not have to deal with the time-consuming paperwork associated with foreign currency investments.
|
|
|
|
|
| Foreign Exchange rates |
|
| Foreign Exchange calculator |
|
| Product Disclosure Statement |
|
|
|
|
|
Any advice is general advice only. It was prepared without taking into account your objectives, financial situation, or needs. Before acting on this advice you should consider if it's appropriate for your particular circumstances. Before you decide to acquire a product, you should obtain the relevant Product Disclosure Statement, and consider its suitability for your objectives, financial situation, or needs.
Investments are not deposits or other obligations of, guaranteed, or insured by Citibank N.A., Citigroup Inc., or any of their affiliates or subsidiaries, or by any local government or insurance agency, and are subject to investment risk, including the possible loss of the principal amount invested. |
|
 |
|
|
|
|
|
|
|
|
