You're a hands-on individual.
We can provide hands-on access—even a world away.
WorldCurrency Access Deposit Accounts
Could you use a competitively-priced money market account to transfer money between U.S. dollars and major foreign currencies? Would you like the opportunity to earn interest in a foreign currency and benefit from potential appreciation against the U.S. dollar? With the WorldCurrency Access Deposit Account, EverBank® delivers a simple, liquid and innovative approach to foreign currency investing.
You excel at the unexpected. So do we—with a
little extra splash.
WorldCurrency Access Deposit Accounts offer the following benefits and features:
A great choice if you seek to diversify your financial portfolio globally against a depreciating U.S. dollar without locking yourself into a fixed term. And, a smart business solution if you require a cost effective account to manage your foreign currency exposure.
- Low $2,500 initial deposit requirement (some exceptions apply).
- within 1% of the wholesale spot price EverBank pays for your currency—among the lowest in the nation.1
- Earn interest in the currency of your choice (with initial deposits as low as $10,000).
- Easily add, withdraw and transfer funds between global markets in accordance with money market regulations.2
- No monthly fees.
Your WorldCurrency Access Deposit Account includes the EverBank
which automatically combines all your banking, WorldCurrency and other EverBank accounts into one online account management site.
What should I consider before I open a foreign currency account at EverBank?
We feel it's important to assess your tolerance for the risks associated with currency fluctuations. While FDIC insurance will protect you from bank failure up to $100,000, currency values can be affected by various geopolitical and economic influences and this can negatively and positively impact the amount of your deposit. We recommend that you carefully consider both the potential for currency appreciation (or loss) along with the rate of interest that you may earn when assessing the use of foreign currency products as part of a broadly diversified investment strategy.
We encourage you to use our
foreign currency resources to educate yourself about currency investing and the factors that influence currency values.
While FDIC insurance will protect you from bank failure up to $100,000, it's important to understand that your deposit will be susceptible to losses or gains due to currency-price fluctuations. Various geopolitical and economic influences can affect a currency's value. We recommend that you carefully consider both the potential for currency appreciation (or loss) along with the rate of interest that you may earn when assessing the use of foreign currency products as part of a broadly diversified investment strategy.
See how one business uses the WorldCurrency Access Deposit Account to manage its foreign currency transactions 
Please note: Not all investments are right for all investors. You should conduct your own research and/or consult with an investment advisor before making any investment.
- Before opening a WorldCurrency account, we recommend reading what to expect when opening a currency account.
- Once you select the currency offering that's right for you, apply online or call 800.926.4922 for more information.
- For your protection, we require that you sign and mail your application along with a deposit.
- The currency conversion rate will be within 1% of the wholesale spot price EverBank pays for the currency. Exceptions may occur when a specific conversion rate is agreed upon between you and EverBank. Please note, if you request funds in your account to be denominated in a currency other than the currency sent to EverBank to fund your account, EverBank will convert the funds using the then prevailing currency conversion rate offered by EverBank.
- Because this is a money market account, you are limited by Federal regulation to six transfers or withdrawals per month. See Terms and Conditions for details. Withdrawals or transfers in excess of these limits are subject to a fee.
- Your EverBank deposit accounts are insured by the FDIC for at least $100,000. FDIC insurance covers against loss due to the failure of the institution, but not market related fluctuations, including changes in currency prices. The amount of deposit insurance available for funds denominated in foreign currency will be determined and paid in the United States dollar equivalent of the foreign currency on the institution's date of default. As with all investments, investors can lose money, including principal due to currency fluctuations, over the term that you own it. Please only invest with money that you can afford to risk, and as part of a broadly diversified investment strategy.
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- EverBank, the EverBank Infinity Sphere and the EverBank logo along with Yield Pledge, MarketSafe and EverTrade are proprietary service marks of EverBank. All rights reserved.
