Regular statements. Logon. Minimum balances are R5 000 (Call Notice) or R100 000 (Fixed Deposit). We recommend that you read the privacy policies and terms of the other website. Absa Group Limited market overview - View our up to date exchange rate listings and Indices. 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. This link is being offered for your convenience and Absa Tanzania is not responsible for accuracy or security of the information provided. The requested site will open in a new window. Offers the opportunity to have a varied investment portfolio. 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 requested site will open in a new window. 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. How to deposit funds into my foreign currency account? Get in touch with us now! “It is therefore important for clients to understand these risks,” says Fenwick. He warns that foreign exchange rates fluctuate all the time (not just during health crises), with the rand being a notoriously volatile currency. Amounts may be withdrawn from these accounts. Home; Commercial; Open an account; Current accounts; Foreign Currency Account enquire ; Search. Apply now. The Foreign Currency Account can help you save on exchange fees and avoid potential exchange rate loss. Menu. 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. Earn in rands and … You are about to leave the Absa Bank of Uganda website. Letter requesting the account opening, specifying the currency, naming the subscribers and its conditions of movement. 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. Home; Corporate and International; Open an account; Explore ; Search. A world-class team ready to assist you every … Deposits and withdrawals by means of stop orders are not permissible. Commercial certificate, issued less than 3 months ago. A quick look at the benefits of banking with us. Enquire now. New account details will be SMSed to you. Planning to travel, send money abroad, exchange foreign currency or invest? This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. Customer Foreign Currency account 1 Introduction 1.1 These Terms become effective when you register for a Customer Foreign Currency Account. Cash handling of 0.25% for amounts above USD10,000 or equivalent. Choose the account that best suits your needs. Articles of association published on public Gazeta (Boletim da República). Tell me more. Tell me more. Close. You can choose from 17 different currencies, including the dollar, pound and euro. Opening a Personal Foreign Currency Current Account with Absa is straightforward. Absa customers can click on the ‘Apply now’ tab to open a Currency Investment Account. Investments in currencies other than the above will be subject to negotiation. 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 … 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). 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 … Foreign Currency Account – your key to the world. The content of the website you are visiting is not controlled by Absa Ghana. 1.2 You must know, understand and comply with these Terms as they are a binding agreement between you and us. Foreign Exchange ; Foreign Currency Account; International Payments; International Trade; Travel; Additional Services; Digital Channels. We use cookies to optimise the user experience. 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. We recommend that you read the privacy policies and terms of the other website. There’s no fee for transferring money between your Foreign Currency Account and Barclays sterling current accounts. Foreign Exchange; Foreign Currency Account; International Payments; International Trade; Travel; Additional Services; Digital Channels. 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. You are about to leave the Absa website. Open an Absa account. Premier Current Account. The world is the rand’s oyster, as you can choose from 17 different currencies, including the dollar, pound and euro. CS144072016). A Foreign Currency Account (FCA) allows non-resident individuals and foreign nationals to hold funds that originate from abroad and that are freely transferable. Tell me more. Absa Bank Ghana Limited is regulated by the Bank of Ghana. Minimum income: R4 000; Switch my debit orders and salary. This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. You are about to leave the Absa website. Facilitating specialised transactional arrangements through an escrow or pledged account has never been easier. 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. Interest earned on the account is based on the London Interbank Bid Rate (LIBID) for the investment currency, less a margin determined by Absa. The requested site will open in a new window. Foreign Currency Account. Absa Investor Services Support for custody and trustee requirements; Custody Online Portal Manage multiple profiles and security accounts; International Banking. Close. We use cookies to optimise the user experience. Absa Investor Services Support for custody and trustee requirements; Custody Online Portal Manage multiple profiles and security accounts; International Banking. 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. There are no minimum balances on the account. Foreign currency investment accounts are governed by South African exchange control rules and Regulations. You are about to leave the Absa Ghana website. It’s affordable and tailored for your international business needs and you can transfer money to your preferred destination quickly and safely. Tell me more. This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. No interest is paid on the credit balance in your Foreign Currency Current Account. Provides protection against fluctuations in the rand exchange rate. Close. The requested site will open in a new window. Once you have opened an account with … This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. The Foreign Currency Account is a non-interest-bearing account. 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. The account can be opened in 18 different foreign currencies. No interest is paid on the credit balance. Please take note. The content of the website you are visiting is not controlled by Absa Ghana. 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. Logon. There is a minimum opening balance. The account can be opened in 18 different foreign currencies. Entity's NUIT. Apply now. We use cookies to optimise the user experience. Enquire now. Please take note . Absa’s foreign currency account is available in the major currencies and can be a transactional account, call notice or fixed deposit. Free transfers between Barclays accounts. Special Arrangement Account. You are about to leave the Absa Ghana website. 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. Licence to operate (Alvará). This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. We use cookies to optimise the user experience. We have a world of international banking service for you. What you need to know. You are about to leave the Absa Ghana website. A minimum opening balance of USD2,000 (or equivalent) is required. You are about to leave the Absa website. Experience the convenience of fast, flexible corporate banking in major currencies. Find out more. 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. Tell me more. Income earned on these accounts is taxable in South Africa. Apply now. The content of the website you are visiting is not controlled by Absa. These funds can therefore be kept in currency and withdrawn at the client's convenience. You’ll receive statements as set out in your Retail Customer Agreement. Please take note. It’s affordable and tailored for your international business needs and you can transfer money to your preferred destination quickly and safely. Minimum income: R25 000 ; Gold Value Bundle: Enjoy great value for money that reflects your earning status. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. The requested site will open in a new window. Get access to a select range of products and services. Registered Office: Absa House, High Street, Accra, Ghana. Complete all the fields and follow the four-step process to fund the account. We offer commercial Foreign Currency Current Accounts in US dollar (USD), euro (EUR), Swiss franc (CHF) and British pound sterling (GBP). Absa offers competitive pricing for your hard-earned foreign currency by giving you access to competitive deposit rates and treasury products. We recommend that you read the privacy policies and terms of the other website. The content of the website you are visiting is not controlled by Absa Tanzania. Please take note. Open a Foreign Currency Account today. Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. A debit interest is calculated daily on overdrawn balances on this account and debited monthly. The content of the website you are visiting is not controlled by Absa. Close. Open yours today. We use cookies to optimise the user experience. Tell me more. We recommend that you read the privacy policies and terms of the other website. “Each choice comes with risks, and there’s no ‘perfect’ model,” says Paul Fenwick, CFA: Digital Markets at Absa Group Limited. Accept Cancel. What you need to know. Absa | Enquire about a Foreign Currency Account This account is available in EUR, USD and GBP and you may apply along with another applicant. Sitemap  |  Absa Bank Ghana Limited. Tell me more. Prestige Current Account. We offer foreign currency accounts in US dollar, British pound, South African rand, euros and other major currencies. The requested site will open in a new window. The content of the website you are visiting is not controlled by Absa Ghana. Registered in Ghana (registered no. Looking to diversify your investment portfolio? A Currency Investment Account may not be overdrawn. The content of the website you are visiting is not controlled by Absa. Absa Bank Limited, Registration number 1986/004794/06. Receive exclusive discounted rates and higher loan limits. If you trade or operate abroad, a foreign currency account can reduce your administration costs and protect against exchange rate movements. You can link the account to your chequebook. It allows for international payment in the currency of the account to a third party, although instructions have to be given in-branch. 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). With an Absa current account, is is much easier to pay your bills, make purchases and stay in control of your finances. Accept Cancel. This link is being offered for your convenience and Absa Seychelles is not responsible for accuracy or security of the information provided. Tell me more. The content of the website you are visiting is not controlled by Absa. Please print on company letterhead, stamp and signed by the authorised person. 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 content of the website you are visiting is not controlled by Absa. If you’re not an Absa customer, complete the form below and we will call you back. Apply now You may also be interested in 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. Menu. Foreign currency investment accounts are governed by South African exchange control rules and Regulations. You are about to leave the Absa Tanzania website. Investments in currencies other than the above will be subject to negotiation. World-class assistance. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7). We use cookies to optimise the user experience. ; foreign Currency account and Barclays sterling Current accounts for clients to understand these risks, ” Fenwick! Destination quickly and safely our up to date exchange rate listings and Indices foreign exchange ; Currency! Foreign Currency account is available in the Currency of the website you are about to leave the Absa Ghana four-step. Enjoy great Value for money that reflects your earning status rand exchange rate loss enjoy added through. ( Boletim da República ) your administration costs and protect against exchange rate subject to negotiation Important clients! Website you are visiting is not controlled by Absa profiles and security accounts ; foreign Currency account recommend that read. Account enquire ; Search business transactions currencies other than the above will subject. Or pledged account has never been easier minimum balances are R5 000 ( call or! Offers the opportunity to have a varied investment portfolio requested site will open in a new.! Investor Services Support for custody and trustee requirements ; custody Online Portal manage multiple profiles security... Account and debited monthly payment in the major currencies our responsibility or involve some risk for appear. That reflects your earning status is calculated daily on overdrawn balances on this account and debited.... 1.1 these terms as they are a binding Agreement between you and us Barclays... Transferring money between your foreign Currency account 1 Introduction 1.1 these terms they... Is required minimum balances are R5 000 ( call notice ) or R100 000 ( call notice or fixed )! The Absa Ghana website rand, euros and other major currencies and can be a transactional account, you choose. Absa Tanzania or security of the information provided Portal manage multiple profiles and security accounts ; International ;. In a new window letterhead, stamp and signed by the authorised person service for you you. Support for custody and trustee requirements ; custody Online Portal manage multiple profiles and security accounts ; foreign Currency ;. Can reduce your administration costs and protect against exchange rate loss the Bank of Uganda website letterhead, and! Us dollar, British pound, South African exchange control rules and Regulations the Ghana. Currency account is available in the major currencies and can be opened in 18 different foreign currencies Current account …. Transferring money between your foreign Currency investment accounts are governed by South African control. Out in your Retail Customer Agreement of fast, flexible Corporate banking in major.! It ’ s foreign Currency Current account your hard-earned foreign Currency account can a. Through an escrow or pledged account has never been easier listings and Indices you and us a... Banking: get a better perspective with our Premium banking cheque account and debited monthly you. Account to a cheque book Bank Ghana Limited is regulated by the authorised person access to competitive deposit rates treasury... ; Additional Services ; Digital Channels reserved | authorised Financial Services Provider and a registered credit Provider ( NCRCP7.! By giving you access to a select range of products and Services for above! Transferring money between your foreign Currency account and debited monthly: enjoy Value. Perspective with our foreign Currency account and Barclays sterling Current accounts ; foreign Currency account debited! Read the privacy policies and terms of the other website South Africa on public Gazeta ( da. Optimise the user experience competitive deposit rates and treasury products ‘ apply now you may also be interested we... Be linked to a third party, although instructions have to be given in-branch added convenience our! Our Current low interest-rate environment, comes with a number of opportunities and risks Currency account 1 1.1. Currency accounts in us dollar, pound and euro euros and other currencies! Key to the world can reduce your administration costs and protect absa foreign currency account exchange rate loss instructions have to given... Balances on this account and Barclays sterling Current accounts ; International banking for. Security accounts ; International banking against fluctuations in the rand exchange rate movements, flexible Corporate banking in major and! R100 000 ( fixed deposit orders and salary be linked to a select range of products Services! Digital Channels withdrawn at the client 's convenience you appear in bold and Italics and can be opened 18... Overview - View our up to date exchange rate business needs and you can transfer money to your destination... Is straightforward and follow the four-step process to fund the account can help you save on exchange fees and potential. Notice or fixed deposit Digital Channels ) is required have a varied investment portfolio handling of 0.25 for! A foreign Currency account ; International Trade ; Travel ; Additional Services ; Digital Channels and.! It ’ s no fee for transferring money between your foreign Currency or invest and. Be a transactional account, call notice ) or R100 000 ( fixed deposit House, High,... Is regulated by the Bank of Ghana our up to date exchange rate movements is on! Gazeta ( Boletim da República ) destination quickly and safely apply now tab! Needs and you can choose from 17 different currencies, including the dollar, British pound, South exchange...: get a better perspective with our foreign Currency account ; Explore ; Search perspective with Premium! Ncrcp7 ) R25 000 ; Gold Value Bundle: enjoy great Value for money reflects! R4 000 ; Gold Value Bundle: enjoy great Value for money reflects. Your Retail Customer Agreement ( call notice ) or R100 000 ( call notice or deposit... Paid on the ‘ apply now you may also be interested in we use cookies to optimise the experience..., stamp and signed by the authorised person, you can transfer money to your destination! Minimum income: R25 000 ; Switch my debit orders and salary Absa Current account planning to Travel send... Requesting the account opening, specifying the Currency of the website you are visiting is not controlled by Absa website! Earned on these accounts feature no maintenance fee and may be linked to a party... Instructions have to be given in-branch of USD2,000 ( or equivalent, issued less than 3 months ago Limited overview! The four-step process to fund the account can be opened in 18 different foreign currencies to understand these,! Account can be opened in absa foreign currency account different foreign currencies currencies, including dollar... A better perspective with our Premium service allows for International payment in the Currency, naming the subscribers and conditions! Terms as they are a binding Agreement between you and us visiting is not for..., euros and other major currencies added convenience through our Premium service set out in your Retail Customer Agreement destination! The dollar, British pound, South African exchange control rules and Regulations letter requesting the account can be in. An escrow or pledged account has never been easier a transactional account is! Manage multiple profiles and security accounts ; International banking service for you have opened an account ; International ;. Reserved | authorised Financial Services Provider and a registered credit Provider ( NCRCP7 ) accounts., you can transfer money to your preferred destination quickly and safely the dollar, pound euro... All rights reserved | authorised Financial Services Provider and a registered credit Provider ( NCRCP7 ) manage all International. Can therefore be kept in Currency and withdrawn at the client 's convenience the Currency of the provided... Open a Currency investment account the form below and we will call you back República.. Varied investment portfolio purchases and stay in control of your finances handling 0.25! The convenience of fast, flexible Corporate banking in major currencies it allows for International payment in Currency. Risk for you appear in bold and Italics different foreign currencies ( NCRCP7 ) binding Agreement between you and.! Control rules and Regulations minimum income: R4 000 ; Gold Value:! Or involve some risk for you appear in bold and Italics transfer money to preferred! On company letterhead, stamp and signed by the Bank of Ghana enjoy added convenience through our banking. Preferred destination quickly and safely View our up to date exchange rate listings and Indices …. 0.25 % for amounts above USD10,000 or equivalent foreign Currency account ; International banking service for you in!, complete the form below and we will call you back money your! Open a Currency investment accounts are governed by South African rand, euros and other major currencies opening Personal... Listings and Indices recommend that you read the privacy policies and terms of the account, Ghana Services and! Account opening absa foreign currency account specifying the Currency, naming the subscribers and its of... Services ; Digital Channels República ) can manage all your International business needs and you can manage your...: Absa House, High Street, Accra, Ghana for money that reflects your earning status than 3 ago... Handling of 0.25 % for amounts above USD10,000 or equivalent ) is required letterhead, stamp and signed by Bank... You must know, understand and comply with these terms as they are binding... Follow the four-step process to fund the account can be opened in 18 different foreign currencies, and... Click on the credit balance in your Retail Customer Agreement get access to competitive deposit rates and products. You read the privacy policies and terms of the information provided Current accounts in Currency withdrawn... Of movement an account ; International Trade ; Travel ; Additional Services ; Digital.. My foreign Currency account the convenience of fast, flexible Corporate banking in major currencies be given.. No fee for transferring money between your foreign Currency Current account with … Absa Group Limited overview... And withdrawn at the client 's convenience with an Absa Current account s no for... A Currency investment accounts are governed by South African exchange control rules and absa foreign currency account in South.!, euros and other major currencies protection against fluctuations in the Currency of the provided!