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 These funds can therefore be kept in currency and withdrawn at the client's convenience.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