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Manage foreign exchange

Keep your transactions simple and secure when you work with businesses overseas.

6 reasons to choose us for foreign exchange

  • 1
    Competitive business FX rates
  • 2
    Dedicated support and FX services to help your needs
  • 3
    Australia's most trusted bank^
  • 4
    Caring for 2.5 million customers in over 500 locations Australia-wide
  • 5
    Local business specialists
  • 6
    A top 100 ASX listed company with more than 110,000 shareholders

Products for businesses at any stage

Manage FX exposure

Manage FX exposure

When overseas markets rise and fall, foreign exchange rates fluctuate. If you trade internationally, you know how important it is to protect your business from such exposure.


Managing your international trade is easy

When you import and export goods, knowing your rights and ensuring the security and protection of your business is essential.
Trade advance

A trade advance provides funding for up to 180 days for import, export or domestic stock purchases, allowing your business greater cash flow flexibility.

Documentary import letter of credit

An import letter of credit provides you with the means to reduce certain risks associated with importing. We can assist with the setting up of your import letters of credit which can help your cash flow.

Documentary export letter of credit

We can receive your export letters of credit and assist in the presentation of documents to the buyers bank and the receipt of payment.

Documentary collections

Documentary collections are a secure way to control your export or import documents.

Well established bank to bank document transmission processes provide greater control over international payments.

Performance bonds

Exporters use performance bonds as a tool to give our overseas customers security that they will deliver on a contract. 

We can issue bonds and guarantees in all major currencies to support your contracts. 

Manage my transactions

Manage my transactions

Transaction accounts

No matter your size or the volume of your transactions, we'll have a transaction account to suit your needs. 

Specialty accounts for all business types

For businesses that receive money on behalf of their clients and are required by law to hold this money in trust.

Savings account

A savings account for all business types

Payment methods

Payment methods

If your business sends or receives funds in foreign currency, we have a range of international payment methods to help streamline this process.

Important updates for foreign cheque deposits

Due to evolving customer preferences, a global decline in the use of paper cheques and fewer in-person foreign cheque and bank draft payment requests, the Bank is making changes to the services we provide as follows:

New Accounts:

  • A foreign cheque deposit will not be accepted when opening a new account.
  • From 7th April 2023, we will no longer accept foreign cheque deposits or provide international drafts in any currency.

Existing Accounts:

  • From 30th June 2023, we will no longer accept foreign cheque deposits or provide international drafts in any currency.

Should you have an ongoing need for funds to be received from or sent to outside of Australia please refer international money transfers (IMT).

Things you should know

Target Market Determinations for products are available.

^ Roy Morgan Risk Monitor 2023. Customers of Bendigo and Adelaide Bank Limited.

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

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