The Finance Algorithm
Arab Bank Australia Ltd Prod logoArab Bank Australia Ltd Prod

Foreign Currency Statement Account (USD)

Our Foreign Currency Statement Account (USD) provides a great blend of access and interest. This account is in United States Dollars.

Savings & transaction accountsBank updated 20 Aug 2026

At a glance

Base rate
0.05%

How it compares

This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This account: 0.05%Every other institution's highest, 60 in all

Paid whatever you deposit or spend. One dot per institution, at its highest savings rate with no bonus conditions anyone can apply for; hover or tap a dot for its name.

RateThis accountBest anywhereTypical institutionWhere it sits
No bonus conditionsPaid whatever you deposit or spend0.05%4.80%MoveBank's Online Saver2.25%of 61 institutions55th highest of 61, level with one other

Rates

Every rate Arab Bank Australia Ltd Prod publishes for this account, 5 in all.

TypeApplies toTermBandRateComparisonConditions
Variable--up to $1,9990.05%-paid every 1 mo
Variable--$10,000–$49,9990.10%-paid every 1 mo
Variable--$100,000–$250,0000.25%-paid every 1 mo
Variable--$2,000–$9,9990.05%-paid every 1 mo
Variable--$50,000–$99,9990.25%-paid every 1 mo

Fees

One fee published, grouped by when they're charged.

When particular things happen1

  • Monthly Account Keeping Fee (USD Account)

    Only applies to USD Statement Accounts with no customer generated transactions for 12 months and account balance under USD300

    $4

Features

Digital banking
  • Statements are supplied quarterly.
  • Interest is calculated daily & paid monthly.
  • Competitive interest rates paid.
  • Minimum opening deposit AUD$50

Eligibility and limits

  • Opening balance $50
  •  Ability to view account and balances via Internet Banking.  Tiered interest rate that will vary from time to time, depending on the balance of the account.  Interest is calculated and accrued dai…

Published by Arab Bank Australia Limited under the Consumer Data Right, last changed by them on 20 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.