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Conversion of foreign currency cheques #
If you’ve received a cheque in a foreign currency, MyState Bank, through Convera Australia Pty Ltd may be able to convert it into Australian dollars for credit to your account. Foreign currency cheques will be processed on a negotiated basis converted at an exchange rate which includes a margin calculated by Convera provided at the time of deposit.
Please be aware conditions apply including a clearance period. Money orders and Travellers Cheques are not accepted. We recommend chatting to a branch staff member for more information.
This service is only available to customers who joined MyState Bank prior to 1 January 2024. Foreign cheque deposits are repurchased via Convera Australia Pty Ltd. (Convera) (ACN 150 129 749; AFSL 404092)