We're excited to announce the introduction of our new brand name, abal banking. Read more about the change and what it means for you, here.

Downloading our mobile app? A friendly reminder to only use the App Store or Google Play. Click here for more details on mobile security.

We’ve made some exciting changes to how we manage fraud and the security of your Visa Debit Card. Click here to learn more.

In the market for a home loan? Learn more about our home loan products by clicking here.

We're a bank for the community. Learn more about our community initiatives by clicking here. 

Arab Bank Australia has been announced as 2019 Bank of the Year for Term Deposits by Canstar. 

Converting Currency

To convert Australian Dollars into Foreign Currency multiply by the rate. To convert Foreign Currency into Australian Dollars divide by the rate.

The exchange rates provided are for foreign exchange transactions up to the equivalent of Australian Dollars $25,000 and are intended as a guide only.

Rates are updated daily (Monday to Friday) and are subject to change at Arab Bank Australia's discretion. Rates quoted are the buy and sell rates for Telegraphic Transfers only unless otherwise stated. Fees and charges may apply for foreign exchange transactions.

Whilst every effort is made to ensure the information is accurate, you should confirm the latest situation with one of our branches prior to making any decisions.

Cash rates
Country Currency Bank Buy AUD Bank Sell AUD
United States USA USD 0.6301 0.6851
United Kingdom United Kingdom GBP 0.4826 0.5326
Europe Europe EUR 0.5765 0.634
Cash rates current as of: 26 February 2020 - 8:39am AEDT
Telegraphic transfer rates
Country Currency Bank Buy AUD Bank Sell AUD
United States USA USD 0.6351 0.6801
United Kingdom United Kingdom GBP 0.4876 0.5276
Europe Europe EUR 0.5815 0.629
Switzerland Switzerland CHF 0.6192 0.6692
Bahrain Bahrain BHD 0.1989 0.2989
Egypt Egypt EGP 8.1912 12.4912
Jordon Jordan JOD 0.438 0.498
New Zealand New Zealand NZD 1.0194 1.0694
Saudi Arabia Saudi Arabia SAR 2.3273 2.6273
United Arab Emirates United Arab Emirates AED 2.2697 2.5797
Telegraphic transfer rates current as of: 26 February 2020 - 8:39am AEDT