Customer Foreign Currency Account


Our foreign currency account is designed for South African companies with offshore trading liabilities, making import and export transactions easy and convenient.


Our forex services include a foreign currency account designed for South African companies with offshore trading liabilities. For businesses involved in import and export transactions such as ships agents, freight forwarders and marine insurance brokers who need to make regular foreign currency payments, our Customer Foreign Currency Account is a convenient platform to use.

Benefits

No need to pay a conversion fee when receiving and paying in foreign currency. Money received stays in foreign currency until a payment is needed in the same currency.

A business foreign exchange account can be held in the following currencies:

  • Australian Dollar
  • British Pound
  • Canadian Dollar
  • Euro
  • Japanese Yen
  • Swiss Franc
  • United States Dollar

Customer Foreign Currency Accounts are subject to the South African Reserve Bank's corporate exchange control regulations.

Enquire Now