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For My Business

> R10m annual turnover

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For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

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By Turnover

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Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)

Borrow

Overdraft Loans Debtor Finance Leveraged Finance Private Equity Vumela Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services

Insure

Insurance

For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange International Trade Structured Trade + Commodity Finance Business Global Account (CFC account)

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Connect my business the dti initiatives Enterprise and supplier development Business Hub eBucks Rewards for Business DocTrail™ CIPC Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

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Global Commercial Banking

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KYC / FICA Debit order + recipient switching Electronic Alerts

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Corporates + Public Sector

Corporate Public Sector

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Private Banking

Private Banking

All savings + investment accounts


Cash deposits

Notice deposits Immediate access Access to a portion Fixed deposits

Share investing

Shares

Tax-free investing

Tax-free accounts

Funds/unit trusts

Ashburton specialised products

Invest abroad

Offshore products

I want to save for

Personal goals Child's education Emergencies Tax-free

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Additional options

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Financial planning

Overview

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Currencies available in the Foreign Currency Account


USD United States dollar

GBP British pound

EUR Euro

AUD Australian dollar

CHF Swiss franc

INR Indian rupee

CAD Canadian dollar

AED Arab Emirates Dirham

CNY Chinese yuan

Documents needed for new clients


  • You need to comply with the Traditional Home Loan application documentation.
  • A completed application form.
  • An indication of the purpose for purchase (e.g. rental or holiday home).
  • Copy of passport.
  • Private entities must supply a current statement of assets and liabilities, as well as a banker's report from the customer's bank in their country of origin.

Foreign nationals


A valid Temporary Residence permit to take up employment in South Africa.

Non-residents


  • The details of when and how the 50% deposit originating from foreign funds will be made.
  • An undertaking to pay the R1 140 exchange control application fee.

Foreign Currency Account


Funds in various currencies

A foreign currency account is an account which allows you to hold various currencies other than rand

What you get


No need to convert

A Foreign Currency Account (FCA) allows non-resident individuals and foreign nationals to hold funds that originate from abroad and that are freely transferable. These funds can therefore be kept in currency and withdrawn at the client's convenience.

A range of currencies are available in the Foreign Currency Account.

Note

  • No credit facilities will be available on the Foreign Currency Account.
  • No cards will be issued on FCAs.
 

Getting it made easy


Foreign Currency Account

Ways to apply

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Documents needed

Non-resident individuals

  • Foreign passport
  • Non-resident declaration

Foreign nationals

  • Foreign passport and permit
  • Foreign National Declaration
  • Proof of where funds originated