ASB Cash Management Account
The ASB Cash Management Account is a bank account which enables your trades to be settled easily.
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ASB Foreign Currency Account for share trading
If you’re looking to trade shares in an international market, the ASB Foreign Currency Account can provide a simple, cost-effective way for you to settle your international trades.
Benefits at a glance
- Settles in the currency of your choice – we offer most major currencies
- No minimum balance to open or maintain an account
- Can be used as a default account for settling your trades
- Saves on unnecessary currency conversion costs when trading
- Lets you transfer money overseas directly from your account
- View your account balances in Online Share Trading
How it works
With an ASB Foreign Currency Account for share trading you can trade in an international share market without having to convert to and from New Zealand dollars.
You can set your ASB Foreign Currency Account for share trading as your default account for specific international markets – so funds are automatically debited from, and credited to, your account when you trade. This can be a more convenient and cost-effective way for you to trade shares internationally.
This account is designed specifically for share trading, however if you need to make a one-off international money transfer, we can help you. If you’re looking for an account to save and trade foreign currencies please see our ASB Foreign Currency Accounts and overdraft held with Global Markets.
Interest rates and fees
Interest rates
ASB Foreign Currency Accounts for share trading may be eligible to accrue interest – please call us on 0800 272 732 for more information.
Account fees
There are no account fees for the ASB Foreign Currency Account for share trading, but standard service charges and foreign exchange fees may apply.
Next steps
Enquire now
Email us if you'd like help to get started.
Call us
Contact the ASB Securities team from 7am to 6pm NZT, Monday to Friday.
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Frequently asked questions
Manage your trading
ASB Securities Limited is an NZX firm. When you trade on the NZX markets through ASB Securities you must comply with NZX rules as outlined in the ASB Securities Trading Conduct for Online Share trading. ASB Securities terms and conditions apply. Pricing data supplied by ASX and/or NZX. ASB Cash Management Account, ASB Foreign Currency Account, ASB Margin Lending and ASB Term Deposits are provided by ASB Bank Limited. ASB term's apply. Rates and fees may change. Refer to asb.co.nz for other fees and charges. This page does not have regard to the financial situation or needs of any reader. As individual circumstances differ, you should seek appropriate professional advice. See the ASB Securities glossary for share trading and investment terms or Morningstar for research terms.
