Term deposit rates › Westpac
Foreign Currency Term Deposit
Westpac
CDR officialNot listed in rate tables
A Foreign Currency Term Deposit (FCTD) is a type of term deposit product that allows you to invest foreign currency with Westpac for a fixed term. Westpac pays you interest at a fixed interest rate for the duration of the Foreign Currency Term Deposit.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TDForeignCurrencyTermDeposit- Content hash
sha256 1766cadb1351b94e898373537aa92dd43a16579a52e6c98adbfc5e183e876aad- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_1766cadb1351b94e_c34e8a66Show details
- Checked
- 1 Nov 2026
- URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TDForeignCurrencyTermDeposit- Content hash
sha256 1766cadb1351b94e898373537aa92dd43a16579a52e6c98adbfc5e183e876aad- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Monthly Service Fee | Periodic | $0.00 |
| Transaction Fee | Transaction | $0.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Other | Protection against unfavourable foreign exchange rate movements over time | |
| Fraud protection | The product includes fraud protection features. | |
| Relationship management | Relationship management is available for eligible customers. | |
| Other | Foreign Currency Term Deposits are available in a wide range of currencies. The currencies that may be available are United States Dollars, Great Britain Pounds, Canadian Dollars, Danish Kroner, Euro, Hong Kong Dollars, Japanese Yen, New Zealand Dollars, Norwegian Kroner, Swiss Francs and other currencies on application. Interest is calculated upon 365 day year for Great Britain Pounds, Singapore Dollars, Hong Kong Dollars and New Zealand Dollars and for rest upon 360 day year. | |
| Other | You can manage your transactional requirements for a foreign currency | |
| Other | The interest rate is fixed during the Term of the Foreign Currency Term Deposit | |
| Other | There are no transaction or monthly service fees payable on a Foreign Currency Term Deposit. However, where Westpac agrees to allow you to withdraw money from your Foreign Currency Term Deposit before the end of the term, there will be a cost to you in doing so. Please refer to the Early termination section in the overview link for further details. Information on current standard fee, charges and interest rates is available on request. | |
| Other | Foreign Currency Term Deposit interest rates vary from time to time and are set by Westpac. The rate is set at the time the Foreign Currency Term Deposit is opened and is fixed for the term of the Foreign Currency Term Deposit. | |
| Other | Your Foreign Currency Term Deposit can be tailored to your situation by choosing: a) the Principal Amount of your Deposit (subject to the minimum of AUD50,000); b) the Term of your Foreign Currency Term Deposit (7 days to six months); and c) the currency of your Foreign Currency Term Deposit | |
| Other | Subject to a maximum 6-month term, the following minimum balances and terms apply: a) Deposits greater than $50,000 but less than $100,000 have a minimum 3-month term b) Deposits greater than $100,000 but less than $1,000,000 have a 1-month minimum term c) Deposits greater than $1,000,000 have a 7-day minimum term d) Exceptions are available for security deposits. Westpac will use its current exchange rates the determine the value of your foreign currency. | |
| Eligibility: other | Foreign Currency Term Deposits are available for both personal and business customers. Foreign Currency Term Deposits can only be opened in the name of one legal person. Joint accounts are not available. | |
| Limit: min balance | 50000.00 |
Rate history
No earlier values recorded yet.
Tags
| Tag | Meaning | Effect |
|---|---|---|
quality:no-rates | quality:no-rates | |
quality:no-fixed-rates | quality:no-fixed-rates | |
currency:foreign | Foreign currency | Left out of the savings table |
no-rates | Reason this product is not ranked | |
Registered channels
Lender staff and brokers registered with Homepedia, and the prices available through them. Separate from the product data above: it never changes the lender's rates or the order of any rate table.People registered for this product
No one is registered for this product yet. Lender staff and brokers can join through verification.