Foreign Currency Account
BOQ offers foreign currency accounts for business customers who deal regularly in foreign currencies to help manage their cash flows
Fees
| Fee | Type | Amount |
|---|---|---|
| Telegraphic Transfer Debit Fee No Fee for Telegraphic Transfer processing fee debiting a Foreign Currency Account | Payment | $0.00 |
| Telegraphic Transfer Trace Fee | Event | $40.00 |
| Telegraphic Transfer Recall Fee | Event | $25.00 |
| Telegraphic Transfer Credit Fee No Fee for Telegraphic Transfer processing fee crediting a Foreign Currency Account | Transaction | $0.00 |
| Telegraphic Transfer Amendment Fee | Event | $25.00 |
| Correspondent Banking Fee Estimated Correspondent Banking Fee when sending a Telegraphic Transfer from Australia. Fees are charged to the account as per the denominated foreign currency of the account. Refer to the PDS for more details. | Transaction | Variable |
Features
- Additional deposits can be made to a Foreign Currency Account (but not a Foreign Currency Deposit)
- If required under the Banking Code of Practice, we will give you a statement of account at least every six months. You can request statements be provided to you more frequently, but there may be a fee for these more frequent statements.
- Once cleared, funds deposited into a Foreign Currency Account are available at call
More Information
Published by Bank of Queensland Limited under the Consumer Data Right · Last updated 11 March 2026 · Product ID 3e906e88-5c03-ee11-8f6e-00224814d330 · View on CDR.gov.au