ANZ will stop buying and selling foreign cash. ANZ says a dive in demand for foreign exchange cash caused by New Zealand's border restrictions is behind its decision to stop buying and selling foreign cash. The country's largest bank will stop buying and selling foreign cash from November 13 but will still accept cheques in foreign currency for now. The bank says the move only affects foreign cash and it will continue to offer other international services including foreign cash accounts, international money transfers and depositing foreign cheques. The bank has said people can still get access to foreign cash through specialist foreign currency exchange providers, using pre-paid foreign currency travel cards and through travel agencies.

Source: New Zealand Herald October 19, 2020 00:33 UTC