Arab Bank Australia (abal banking) are pleased to inform that we are passing on a reduction of 0.25% to our owner occupier variable home loan rate customers, effective Tuesday 26 August 2025  in line with today’s RBA announcement.
This adjustment reflects the Bank’s  commitment to providing competitive offerings and supporting customers’ needs

Learn about our new and improved online and mobile app features. Click here for more details. 

Be Scam Aware! Take a moment and think.... click here for helpful hints in protecting your accounts online.

Learn more about our brand name, abal banking.

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

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

Our Melbourne Branch will be closed on Tuesday 5 November, for the Melbourne Cup public holiday. 

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 0.6229 0.6779
United Kingdom United Kingdom GBP 0.45833 0.50833
Europe Europe EUR 0.5291 0.5866
Cash rates current as of:
Telegraphic transfer rates
Country Currency Bank Buy AUD Bank Sell AUD
United States USA USD 0.6279 0.6729
United Kingdom United Kingdom GBP 0.46333 0.50333
Europe Europe EUR 0.5341 0.5816
Switzerland Switzerland CHF 0.4986 0.5486
Bahrain Bahrain BHD 0.1962 0.2962
Egypt Egypt EGP 29.6388 33.9388
Jordon Jordan JOD 0.4329 0.4929
Saudi Arabia Saudi Arabia SAR 2.3 2.6
United Arab Emirates United Arab Emirates AED 2.2433 2.5533
Telegraphic transfer rates current as of: