We use cookies to optimise the user experience. We offer foreign currency accounts in US dollar, British pound, South African rand, euros and other major currencies. There are no minimum balances on the account. Offers the opportunity to have a varied investment portfolio. Foreign Exchange; Foreign Currency Account; International Payments; International Trade; Travel; Additional Services; Digital Channels. “Each choice comes with risks, and there’s no ‘perfect’ model,” says Paul Fenwick, CFA: Digital Markets at Absa Group Limited. We use cookies to optimise the user experience. 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). What you need to know. Absa’s foreign currency account is available in the major currencies and can be a transactional account, call notice or fixed deposit. Deposits and withdrawals by means of stop orders are not permissible. No interest is paid on the credit balance. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. A minimum opening balance of USD2,000 (or equivalent) is required. Sitemap  |  Absa Bank Ghana Limited. The requested site will open in a new window. Registered Office: Absa House, High Street, Accra, Ghana. Close. Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. Find out more. The account can be opened in 18 different foreign currencies. Accept Cancel. Minimum income: R4 000; Switch my debit orders and salary. We offer commercial Foreign Currency Current Accounts in US dollar (USD), euro (EUR), Swiss franc (CHF) and British pound sterling (GBP). We recommend that you read the privacy policies and terms of the other website. Planning to travel, send money abroad, exchange foreign currency or invest? A Foreign Currency Account (FCA) allows non-resident individuals and foreign nationals to hold funds that originate from abroad and that are freely transferable. Home; Commercial; Open an account; Current accounts; Foreign Currency Account enquire ; Search. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. Tell me more. Please print on company letterhead, stamp and signed by the authorised person. How to deposit funds into my foreign currency account? We recommend that you read the privacy policies and terms of the other website. This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. It’s affordable and tailored for your international business needs and you can transfer money to your preferred destination quickly and safely. Absa Group Limited market overview - View our up to date exchange rate listings and Indices. Close. No interest is paid on the credit balance in your Foreign Currency Current 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. 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 Ghana. Menu. The requested site will open in a new window. Foreign currency investment accounts are governed by South African exchange control rules and Regulations. There is a minimum opening balance. 1.2 You must know, understand and comply with these Terms as they are a binding agreement between you and us. The content of the website you are visiting is not controlled by Absa Tanzania. You are about to leave the Absa website. The Foreign Currency Account is a non-interest-bearing account. Once you have opened an account with … CS144072016). Cash handling of 0.25% for amounts above USD10,000 or equivalent. We recommend that you read the privacy policies and terms of the other website. You are about to leave the Absa website. 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 … Registered in Ghana (registered no. A quick look at the benefits of banking with us. Special Arrangement Account. Looking to diversify your investment portfolio? 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. Choose your account. The content of the website you are visiting is not controlled by Absa. Experience the convenience of fast, flexible corporate banking in major currencies. Customer Foreign Currency account 1 Introduction 1.1 These Terms become effective when you register for a Customer Foreign Currency Account. Complete all the fields and follow the four-step process to fund the account. Get access to a select range of products and services. You are about to leave the Absa Bank of Uganda website. We recommend that you read the privacy policies and terms of the other website. Premium Banking: Get a better perspective with our Premium Banking cheque account and enjoy added convenience through our Premium service. Facilitating specialised transactional arrangements through an escrow or pledged account has never been easier. Menu. Tell me more. Amounts may be withdrawn from these accounts. Home; Corporate and International; Open an account; Explore ; Search. With our Foreign Currency Account, you can manage all your international business transactions. Foreign Currency Account – your key to the world. Close. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. Close. Tell me more. You’ll receive statements as set out in your Retail Customer Agreement. Please take note. If you trade or operate abroad, a foreign currency account can reduce your administration costs and protect against exchange rate movements. The Foreign Currency Account can help you save on exchange fees and avoid potential exchange rate loss. The requested site will open in a new window. Entity's NUIT. You can choose from 17 different currencies, including the dollar, pound and euro. 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. Please take note. Open a Foreign Currency Account today. 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. The content of the website you are visiting is not controlled by Absa. Tell me more. Licence to operate (Alvará). The requested site will open in a new window. 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. This link is being offered for your convenience and Absa Seychelles is not responsible for accuracy or security of the information provided. Absa Bank Limited, Registration number 1986/004794/06. 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. 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. Please take note. 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). Get in touch with us now! Receive exclusive discounted rates and higher loan limits. The world is the rand’s oyster, as you can choose from 17 different currencies, including the dollar, pound and euro. Prestige Current Account. It allows for international payment in the currency of the account to a third party, although instructions have to be given in-branch. Investments in currencies other than the above will be subject to negotiation. A Currency Investment Account may not be overdrawn. Apply now. Letter requesting the account opening, specifying the currency, naming the subscribers and its conditions of movement. Income earned on these accounts is taxable in South Africa. Earn in rands and … Absa Investor Services Support for custody and trustee requirements; Custody Online Portal Manage multiple profiles and security accounts; International Banking. Apply now. New account details will be SMSed to you. Please take note . Absa offers competitive pricing for your hard-earned foreign currency by giving you access to competitive deposit rates and treasury products. Opening a Personal Foreign Currency Current Account with Absa is straightforward. 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. Tell me more. We use cookies to optimise the user experience. There’s no fee for transferring money between your Foreign Currency Account and Barclays sterling current accounts. 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. Free transfers between Barclays accounts. These funds can therefore be kept in currency and withdrawn at the client's convenience. We recommend that you read the privacy policies and terms of the other website. World-class assistance. 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. Enquire now. A world-class team ready to assist you every … We have a world of international banking service for you. Tell me more. This link is being offered for your convenience and Absa Tanzania is not responsible for accuracy or security of the information provided. Tell me more. Investments in currencies other than the above will be subject to negotiation. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7). It’s affordable and tailored for your international business needs and you can transfer money to your preferred destination quickly and safely. Open an Absa account. Absa customers can click on the ‘Apply now’ tab to open a Currency Investment Account. This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. Provides protection against fluctuations in the rand exchange rate. What you need to know. The requested site will open in a new window. 1.3 Important clauses which may limit our responsibility or involve some risk for you appear in bold and Italics. Regular statements. The content of the website you are visiting is not controlled by Absa. We recommend that you read the privacy policies and terms of the other website. Absa Bank Ghana Limited is regulated by the Bank of Ghana. The requested site will open in a new window. You are about to leave the Absa Ghana website. You are about to leave the Absa Ghana website. 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 Tanzania website. The content of the website you are visiting is not controlled by Absa Ghana. Our current low interest-rate environment, comes with a number of opportunities and risks. Foreign currency investment accounts are governed by South African exchange control rules and Regulations. 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. Logon. Minimum balances are R5 000 (Call Notice) or R100 000 (Fixed Deposit). Accept Cancel. Apply now. A debit interest is calculated daily on overdrawn balances on this account and debited monthly. Premier Current Account. Interest earned on the account is based on the London Interbank Bid Rate (LIBID) for the investment currency, less a margin determined by Absa. Absa | Enquire about a Foreign Currency Account This account is available in EUR, USD and GBP and you may apply along with another applicant. With an Absa current account, is is much easier to pay your bills, make purchases and stay in control of your finances. “It is therefore important for clients to understand these risks,” says Fenwick. The account can be opened in 18 different foreign currencies. The content of the website you are visiting is not controlled by Absa. Choose the account that best suits your needs. Minimum income: R25 000 ; Gold Value Bundle: Enjoy great value for money that reflects your earning status. Tell me more. We use cookies to optimise the user experience. Enquire now. Foreign Currency Account. We use cookies to optimise the user experience. The content of the website you are visiting is not controlled by Absa Ghana. 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. You are about to leave the Absa Ghana website. Commercial certificate, issued less than 3 months ago. 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 website. Absa Investor Services Support for custody and trustee requirements; Custody Online Portal Manage multiple profiles and security accounts; International Banking. We use cookies to optimise the user experience. The content of the website you are visiting is not controlled by Absa. These accounts feature no maintenance fee and may be linked to a cheque book. If you’re not an Absa customer, complete the form below and we will call you back. Articles of association published on public Gazeta (Boletim da República). You can link the account to your chequebook. Apply now You may also be interested in You are about to leave the Absa website. Foreign Exchange ; Foreign Currency Account; International Payments; International Trade; Travel; Additional Services; Digital Channels. Logon. 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 foreign Currency account 1 Introduction 1.1 these terms become effective when you register for a Customer foreign Currency can! Opportunity to have a varied investment portfolio or R100 000 ( call or. Enjoy great Value for money that reflects your earning status, High Street Accra. You access to a cheque book on public Gazeta ( Boletim da República ) or! Naming the subscribers and its conditions of movement International Payments ; International banking avoid potential exchange.! Purchases and stay in control of your finances policies and terms of the website. 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