FNB Forex simplifies the process of sending funds abroad for foreign investment purposes. Individuals now have the ability to access the international markets, so if you wish to diversify your savings you can make use of your foreign investment allowance.
As a South African resident over the age of 18 years, you can invest offshore using the Single Discretionary Allowance of R1 million, as well as the Foreign Investment Allowance of up to R10 million per calendar year (1 January - 31 December). We will simplify this process. Let us do your forex transfers for you, or invest in one of our Global Accounts which holds your money in foreign currency until you have decided on the best offshore investment for your needs.
You have the option to invest funds abroad making use of the R1 million Single Discretionary Allowance, or the Foreign Investment Allowance for investments of up to R10 million using one of the following channels.
Original supporting documentation to be delivered to your local FNB branch, Private Banker, or couriered to the FNB Forex offices.