With the FNB Global Account you can start saving and transacting in nine foreign currencies without having to leave South Africa. You can open and manage your Global Accounts online with the same ease as an FNB Cheque Account. It's a safe and secure way of saving in a foreign currency. The Global Account now offers a linked Global Debit Card which gives you access to your US Dollar, Euro and British Pound savings. The card is also the perfect travel companion as it gives you access to over 1000 airport lounges all around the world through Lounge Key.
The Global Account offers you the means to save and transact in foreign currency; whether you are saving for offshore travel, require quick access to manage currency risk or are receiving and making international payments.
Open a Global Account via your Online Banking profile in less than three minutes and then simply fund it via Online Banking, the FNB Banking App or the RMB Private Bank App
No minimum balance required
Transfers between your cheque account and Global Account are free
Order USD, GBP, and/or EUR Debit Cards to spend directly from your Global Account when you travel abroad
Move up a rewards level by collecting points for funding and maintaining the required minimum balance in your Global Account
Make payments abroad and transfers between your accounts via Online Banking, in line with the South African Reserve Bank (SARB) requirements
Earnings from abroad can be paid directly into your Global Account when working abroad, in line with the South African Reserve Bank (SARB) requirements
You can also order Cash Passports for your partner and children, which can be funded from your Global Account
If you simply want to start investing your funds abroad every month, you can make use of your R1million single discretionary allowance; without having to provide a Tax Clearance Certificate! (Remember, when managing your limit this allowance covers travel, gifts and a number of other types of transactions including investment)
Should the R1million not be sufficient, you can also make use of your R10million foreign investment allowance; with the relevant tax clearance certificate
Original supporting documentation to be delivered to your local FNB branch, Private Banker, or couriered to the FNB Forex offices.