WESTPAC GLOBAL CURRENCY CARD

TRAVELEX CARD SERVICES LIMITED
estpaccurrencycard.co.nz

Issuer's description of this product:
Westpac Global Currency Card is an unsubordinated, unsecured debt security.

Minimum investment

$10.00

This is the minimum amount you would need to put into this in order to invest.

Closing date

15 Jul 2021

This is when this offer closes to investors.

Maturity

Maturity type

This maturity type is used to classify bonds and other types of securities into broad categories.

Non-fixed

This investment does not have a fixed date of maturity, which can mean flexible or multiple terms are available.

Maturity details

Rate

Non-fixed

This investment offer does not have a single set rate. This may mean that the rate is variable or that there are multiple rates available.

Rate details


Key facts

Provider website

Issuer's industry

Financial/insurance

Credit ratings

Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.

Investment credit rating

Not provided

Investment credit rating

This rating grades the quality of this investment, and can be a useful tool for gauging the risk of whether you'll get your money back as promised.

Issuer credit rating

Not provided

Maturity


Non-fixed

Maturity conditions description

All Westpac Global Currency Cards have expired. This means that you can no longer top up or use your Westpac Global Currency Card. However, you are still able to Cash Out your remaining balance from Travelex Card Services Limited.

Rate


Non-fixed

Rate calculation description

You will not earn any interest on money you have loaded onto your Westpac Global Currency Card.

Key documents

These are the most important documents that a provider is required to file about this investment.


Product disclosure statement

Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.

Westpac Global Currency Card Public Disclosure Statement.pdf

How this investment works, including about the provider, risks, costs and potential returns

PDF, 583.67 KB

Additional details


Issuer details

Name

TRAVELEX CARD SERVICES LIMITED

Type

Overseas Non-ASIC Company

Industry

Financial/insurance

NZBN

Credit rating

Not provided

Supervisor

Name

COVENANT TRUSTEE SERVICES LIMITED

Offer details

Date registered

19 June 2017

Date opened

8 August 2017

Closing date

15 July 2021

Offer credit rating

N/A

Continuous issue

Yes

Further payments may be required

Yes

Restrictions on transfer

Yes

Restrictions on acquisition

No

Convertible product

No

Intending to list

No

Schedule 1 exemption

No

FMA exemption

No

Reference numbers

Offer

OFR11975: WESTPAC GLOBAL CURRENCY CARD

Next Steps

Want to know more about this investment or how it compares to others? Have a look at its peers.

Compare with other Bonds

Product disclosure statement

Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.

Getting investment advice

Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.

Interested in investing in this offer? Visit the provider's website. estpaccurrencycard.co.nz