Foreign Exchange

No matter how small or large your business, Suncorp Bank can provide foreign currency for your specific need.

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

Foreign Currency Products

Foreign Currency Deposit Accounts
Spot contracts
  • An agreement to buy or sell foreign currency that is settled within 2 business days of the deal.
Forward Exchange Contracts (FEC)
  • 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
  • This gives the buyer the right (but no obligation) to exchange one currency for another at an agreed rate (the strike rate) on an agreed date (the expiry date).
  • The buyer pays a premium for this right.
  • The premium amount depends on the details of the Foreign Exchange Currency Option.


Treasury Forms


Product Disclosure Statement

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.