Tell me more. Home; Commercial; Open an account; Current accounts; Foreign Currency Account enquire ; Search. We recommend that you read the privacy policies and terms of the other website. 1.2 You must know, understand and comply with these Terms as they are a binding agreement between you and us. Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. We use cookies to optimise the user experience. This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. There are no minimum balances on the account. Registered Office: Absa House, High Street, Accra, Ghana. We recommend that you read the privacy policies and terms of the other website. We recommend that you read the privacy policies and terms of the other website. If you’re not an Absa customer, complete the form below and we will call you back. Our current low interest-rate environment, comes with a number of opportunities and risks. Accept Cancel. What you need to know. Find out more. Income earned on these accounts is taxable in South Africa. Tell me more. Foreign Exchange Account With our Foreign exchange account, you’re guaranteed to transact on domestic and international markets, you can also mitigate risk and manage transaction opportunities. Looking to diversify your investment portfolio? Letter requesting the account opening, specifying the currency, naming the subscribers and its conditions of movement. How to deposit funds into my foreign currency account? You are about to leave the Absa website. 1.3 Important clauses which may limit our responsibility or involve some risk for you appear in bold and Italics. Absa offers competitive pricing for your hard-earned foreign currency by giving you access to competitive deposit rates and treasury products. Absa is also proud to be the only big bank offering an African currency savings account (Botswana’s pula) in easy reach – just a few clicks. Please take note. A world-class team ready to assist you every … You can link the account to your chequebook. He warns that foreign exchange rates fluctuate all the time (not just during health crises), with the rand being a notoriously volatile currency. Open yours today. You are about to leave the Absa Ghana website. The requested site will open in a new window. “Each choice comes with risks, and there’s no ‘perfect’ model,” says Paul Fenwick, CFA: Digital Markets at Absa Group Limited. You are about to leave the Absa Ghana website. This link is being offered for your convenience and Absa Seychelles is not responsible for accuracy or security of the information provided. Cash handling of 0.25% for amounts above USD10,000 or equivalent. As the exchange rates fluctuate on a daily basis, the rand equivalent of the foreign currency amount deposited in the account can’t be guaranteed. Open a Foreign Currency Account today. Tell me more. Please print on company letterhead, stamp and signed by the authorised person. Get access to a select range of products and services. Deposits and withdrawals by means of stop orders are not permissible. You are about to leave the Absa Tanzania website. Licence to operate (Alvará). Logon. The account can be opened in 18 different foreign currencies. Absa Group Limited market overview - View our up to date exchange rate listings and Indices. We recommend that you read the privacy policies and terms of the other website. With our Foreign Currency Account, you can manage all your international business transactions. The content of the website you are visiting is not controlled by Absa Ghana. You are about to leave the Absa Ghana website. Prestige Current Account. As the exchange rates fluctuate on a daily basis, the rand equivalent of the foreign currency amount deposited in the account can’t be guaranteed. The content of the website you are visiting is not controlled by Absa. Home; Corporate and International; Open an account; Explore ; Search. The content of the website you are visiting is not controlled by Absa. We use cookies to optimise the user experience. Close. Planning to travel, send money abroad, exchange foreign currency or invest? The content of the website you are visiting is not controlled by Absa. We offer commercial Foreign Currency Current Accounts in US dollar (USD), euro (EUR), Swiss franc (CHF) and British pound sterling (GBP). Absa Investor Services Support for custody and trustee requirements; Custody Online Portal Manage multiple profiles and security accounts; International Banking. There is a minimum opening balance. This link is being offered for your convenience and Absa Tanzania is not responsible for accuracy or security of the information provided. Choose the account that best suits your needs. No interest is paid on the credit balance. You’ll receive statements as set out in your Retail Customer Agreement. Logon. Amounts may be withdrawn from these accounts. Please take note . Offers the opportunity to have a varied investment portfolio. Foreign Currency Account. Tell me more. The requested site will open in a new window. You are about to leave the Absa website. The content of the website you are visiting is not controlled by Absa. Opening a Personal Foreign Currency Current Account with Absa is straightforward. Foreign currency investment accounts are governed by South African exchange control rules and Regulations. Enquire now. The content of the website you are visiting is not controlled by Absa. You are about to leave the Absa website. Absa Bank Ghana Limited is regulated by the Bank of Ghana. Absa’s foreign currency account is available in the major currencies and can be a transactional account, call notice or fixed deposit. Registered in Ghana (registered no. We use cookies to optimise the user experience. It allows for international payment in the currency of the account to a third party, although instructions have to be given in-branch. New account details will be SMSed to you. Earn in rands and … The Foreign Currency Account can help you save on exchange fees and avoid potential exchange rate loss. You can choose from 17 different currencies, including the dollar, pound and euro. Tell me more. We recommend that you read the privacy policies and terms of the other website. With an Absa current account, is is much easier to pay your bills, make purchases and stay in control of your finances. Simply visit your nearest branch and provide us with the following documents: A valid identification document such as a passport or national identity card; Documentary proof of address such as … Accept Cancel. Tel: +233 (30) 2429150 (network charges apply), Low maintenance fee of up to USD7.30 per month, A range of benefits tailored for your needs. CS144072016). Facilitating specialised transactional arrangements through an escrow or pledged account has never been easier. Entity's NUIT. Experience the convenience of fast, flexible corporate banking in major currencies. “It is therefore important for clients to understand these risks,” says Fenwick. A debit interest is calculated daily on overdrawn balances on this account and debited monthly. We recommend that you read the privacy policies and terms of the other website. World-class assistance. We use cookies to optimise the user experience. Absa Bank Limited, Registration number 1986/004794/06. Once you have opened an account with … Apply now. The content of the website you are visiting is not controlled by Absa Tanzania. Premium Banking: Get a better perspective with our Premium Banking cheque account and enjoy added convenience through our Premium service. You are about to leave the Absa website. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7). Apply now. Foreign currency investment accounts are governed by South African exchange control rules and Regulations. We have a world of international banking service for you. Close. Our Foreign Currency Account (FCA) allows you to invest in eight international currencies namely US dollar (USD), British pound sterling (GBP), euro (EUR), Australian Dollars (AUD), Canadian Dollars (CAD), Hong Kong Dollars (HKD), Japanese Yen (JPY) and Israeli Shekels (ILS). Foreign currency investment accounts are tools that ‘democratise’ savings because they give people the personal freedom to quickly, easily and conveniently put some of their hard-earned savings in foreign currency – via online banking. Minimum income: R25 000 ; Gold Value Bundle: Enjoy great value for money that reflects your earning status. The requested site will open in a new window. Foreign Currency Account – your key to the world. Articles of association published on public Gazeta (Boletim da República). Receive exclusive discounted rates and higher loan limits. Tell me more. Menu. Apply now You may also be interested in Foreign Exchange; Foreign Currency Account; International Payments; International Trade; Travel; Additional Services; Digital Channels. Open an Absa account. Provides protection against fluctuations in the rand exchange rate. There’s no fee for transferring money between your Foreign Currency Account and Barclays sterling current accounts. Regular statements. Close. A Foreign Currency Account (FCA) allows non-resident individuals and foreign nationals to hold funds that originate from abroad and that are freely transferable. Free transfers between Barclays accounts. The world is the rand’s oyster, as you can choose from 17 different currencies, including the dollar, pound and euro. Investments in currencies other than the above will be subject to negotiation. Absa’s Swift solutions allow you to send and receive money cross-border into your local bank account, while the partnership with Western Union enables you to send money internationally conveniently via Absa’s internet banking platform, or of you prefer, at an Absa branch. The content of the website you are visiting is not controlled by Absa Ghana. Find out how they impact business and international banking as Reggie Mlangeni, Head of Client Solutions Group at Absa Corporate and Investment Banking, explains the art and science of managing your foreign … The requested site will open in a new window. We offer foreign currency accounts in US dollar, British pound, South African rand, euros and other major currencies. We use cookies to optimise the user experience. Commercial certificate, issued less than 3 months ago. Please take note. You are about to leave the Absa Bank of Uganda website. Choose your account. Minimum income: R4 000; Switch my debit orders and salary. Tell me more. It’s affordable and tailored for your international business needs and you can transfer money to your preferred destination quickly and safely. It’s affordable and tailored for your international business needs and you can transfer money to your preferred destination quickly and safely. Premier Current Account. This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. Foreign Exchange ; Foreign Currency Account; International Payments; International Trade; Travel; Additional Services; Digital Channels. We use cookies to optimise the user experience. These funds can therefore be kept in currency and withdrawn at the client's convenience. Enquire now. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. Traditionally, where corporates encountered shipment delays, exchange control regulations permit for funds to be kept in a customer foreign currency (CFC) account for only up to 30 days in order to preserve the value of the funds without encouraging foreign currency hoarding. Apply now. Sitemap  |  Absa Bank Ghana Limited. The requested site will open in a new window. Close. Please take note. Absa Investor Services Support for custody and trustee requirements; Custody Online Portal Manage multiple profiles and security accounts; International Banking. Absa | Enquire about a Foreign Currency Account This account is available in EUR, USD and GBP and you may apply along with another applicant. Tell me more. Customer Foreign Currency account 1 Introduction 1.1 These Terms become effective when you register for a Customer Foreign Currency Account. No interest is paid on the credit balance in your Foreign Currency Current Account. The account can be opened in 18 different foreign currencies. Menu. These accounts feature no maintenance fee and may be linked to a cheque book. A minimum opening balance of USD2,000 (or equivalent) is required. A quick look at the benefits of banking with us. Investments in currencies other than the above will be subject to negotiation. If you trade or operate abroad, a foreign currency account can reduce your administration costs and protect against exchange rate movements. Interest is payable in arrears, in the currency of the principal investment and can be paid on a monthly basis or can be capitalised over and above the maximum permissible limit. The requested site will open in a new window. Certificate of incorporation or certificate of compliance, if not locally incorporated, Board resolution specifying the signing powers on the company letterhead sealed with the company seal, Signed Absa account opening pack (sealed), National ID card (or passport for non-Ghanaians) for all directors and signatories, 1 passport photo each for all the directors and signatories, Proof of residential address for all directors and signatories, Annual returns (for companies registered over one year ago), National ID card (or passport for non-Ghanaians). The Foreign Currency Investment Account is a tool that gives you the freedom to quickly, easily and conveniently switch your savings to a foreign currency – it is connected to Absa’s online banking and is quick and simple to use. Special Arrangement Account. Complete all the fields and follow the four-step process to fund the account. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. Get in touch with us now! Expand the 'inter-account transfers' gadget, Select  the transfer type as 'international', In the field 'from account' select your cheque/transactional account as linked to your profile, In the field 'to account' select your currency investment account linked to your profile. A Currency Investment Account may not be overdrawn. Absa customers can click on the ‘Apply now’ tab to open a Currency Investment Account. We recommend that you read the privacy policies and terms of the other website. The Foreign Currency Account is a non-interest-bearing account. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. What you need to know. Interest earned on the account is based on the London Interbank Bid Rate (LIBID) for the investment currency, less a margin determined by Absa. Minimum balances are R5 000 (Call Notice) or R100 000 (Fixed Deposit). Contact us to find your nearest foreign exchange branch, Authorised Financial Services Provider and a registered credit provider (NCRCP7), It acts as a hedge against adverse fluctuations in foreign currency, It is a savvy way to diversify your investment portfolio, Your official South African identity document, Log in to your Absa Online banking profile, Expand the international banking solutions taps, Accept the Surecheck 2.0 pop-up message on your cell phone, Confirm all the details and click open account. 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