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If you have regular payments and/or receipts in foreign currency then a foreign currency account may be able to help with your foreign currency management.
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An ANZ Foreign Currency Account can be opened in most major currencies.
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The account is domiciled in Tonga, so account statements are issued locally which also makes issuing instructions for transactions over the account easy for you.
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Under existing restrictions the prior approval of the Reserve Bank of Tonga (RBF) is required to open a foreign currency account, unless you are a non-resident individual or business in which case accounts can be opened without prior approval.
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ANZ currently offers the following types of foreign currency accounts:
Available in Australian dollars (AUD), United States dollars (USD), New Zealand dollars (NZD) and Great British Pounds (GBP).
Available in Australian dollars (AUD), United States dollars (USD), New Zealand dollars (NZD) and Great British Pounds (GBP).
Available in Australian dollars (AUD), United States dollars (USD), New Zealand dollars (NZD), Great British Pounds (GBP), Japanese Yen (JPY), Euro dollars (EURO) and other currencies on application.
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Minimum balance restrictions apply depending upon account type and currency concerned.
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Nuku’alofa (676) 24 944, Vava’u (676) 70 944
Nuku’alofa(676) 23 870, Vava’u (676) 70 870
anztonga@anz.com
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