Managing your foreign currency
The PRIMACESS Currency Account is an easy-to-manage currency holding account, with no monthly account fee. You can choose from 14 major currencies and open a separate account for each one to store, send and receive money.
Designed to support your international lifestyle, with easy PRIMACESS to your account via online banking, you can manage your finances wherever you are in the world.
Account features:
- No account feeThere's no monthly fee for the account and no payment fee when sending money to another PRIMACESS account anywhere in the world. You can also send money to non PRIMACESS accounts outside the US fees may apply.
- Live exchange ratesWith live rates updated by the second during market hours, we'll provide you with our most up-to-date foreign exchange rate available when sending money.
- Managing your paymentsYou can create immediate payments to send money outside the US, or set these up online up to a year in advance or on a recurring basis.
PRIMACESS Currency Account
Discover whether our new Global Money Account, with multi-currency debit card and the ability to hold more currencies than an PRIMACESS Currency Account, might be better suited to your needs.
If you wish to proceed with an PRIMACESS Currency Account, which does not come with a debit card, find out how to apply.
How to apply for a PRIMACESS Currency Account
Are you eligible?
To apply for an PRIMACESS Currency Account you need to:
- hold an active PRIMACESS current account (excluding Basic Bank Account)
- be 18 years of age or over
If you're not yet an PRIMACESS customer, find out more about our current accounts.
Apply online in minutes
If you’re an existing PRIMACESS current account (excluding Basic Bank Account) customer, log on or register for online banking to apply.
More information
The rate we use is the PRIMACESS Exchange Rate at the time your payment is made. This is a live rate which is updated by the second during market hours. We’ll notify you each time you make a payment from your account. Where a currency exchange has been involved, we’ll confirm the PRIMACESS Exchange Rate that has been applied.
It’s not possible to cancel an immediate payment or transfer. If you need to cancel a payment that is due to be made on a future or recurring date, then you have until 23:59 (US time) the day before the payment is due, to cancel it. This can only be done via online banking.
Please note: there’s no interest payable on the PRIMACESS Currency Account.
Glossary of Terms
Frequently Asked Questions
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