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DAYLIGHT SAVING CHANGES TO CUTOFF TIMES – REMINDER

As daylight saving has started in Sydney, this has changed some of the cut off times for currencies.

Please click on the Cutoff Times Link on the right hand side of the screen under Business FX Useful Links to see the updated times for currency cutoffs.

Introducing CommBiz Markets

As part of our commitment to providing the best products and services to our customers, we are moving Business Foreign Exchange to CommBiz, our premium online business banking service.

In the coming months you will receive a letter outlining what you need to do to move to CommBiz Markets. The benefits include:

  • CommBiz Markets offers all of the functionality of Business Foreign Exchange, at one intuitive, easy-to-navigate website.
  • Your business will benefit from everything the superior technology of CommBiz Markets offers, including its sophisticated security.
  • You will be able to manage all your Foreign Exchange, Money Markets and transactional banking on a single platform.
  • You can view Indicative Foreign Exchange rates for 8 major currencies.
  • You can access CommBiz Markets from any location where the Internet is available.

To find out more about CommBiz Markets view the online demonstrations, or read the Product Disclosure Statement at http://www.commbiz.com.au/commbiz_display/0,2187,CH3490,00.html

If you have any questions, please contact your Managing Foreign Exchange Dealer or Relationship Manager or call our dedicated Help Desk on 1 800 111 198, 8am to 6pm, Sydney time, Monday to Friday.

 
Please click the button below to start Business Foreign Exchange.



For assistance, please telephone our Business Foreign Exchange Desk on 1300 735 734 or +61 2 9312 0233 (Monday - Friday 8:00 - 18:00 Sydney Time).

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Important information about advice
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances.
Business Foreign Exchange is issued by Commonwealth Bank of Australia, view our Financial Services Guide (PDF 59kb). View Product Disclosure Statement (PDS) for Business Foreign Exchange (PDF 694kb), and consider the PDS before making a decision about this product.

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7 October 2008 - AEST 8.30am - Fear gripped global financial markets on Monday - Sharemarkets slumped, commodity prices plunged and commodity currencies like the Australian dollar fell against major currencies on global recession worries - USD rose against the Euro and commodity currencies but eased against safe-haven currencies like the Japanese yen and Swiss franc on global recession fears - Crude oil prices slumped on Monday as the credit market jitters sparked recession fears - Base metal prices slumped with investors worried that the global economy may be headed for recession - But the price of gold gained ground on safe-haven flows.

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