The world is shrinking exponentially. What once covered 510 million km2 now comfortably fits on a smart watch screen of a few hundred pixels. There is no doubt that technology has brought the world to our fingertips. And has exponentially increased the way we engage with it. We have all become global citizens.
At FNB, we understand that as a global citizen, you live your life at a fast pace, constantly keeping up with a rapidly changing world. Which means you need the tools and capabilities to help you do just that - simply, easily and conveniently - in ways that save you time, money, energy and effort. Our foreign exchange capabilities are built with this in mind.
Your lifestyle as a global citizen is more than jet-setting around the world. Although, we'll help you take care of all of that too, you may want to send money to a friend or family member abroad, or to an international philanthropic endeavour close to your heart. You may have come across the perfect art piece in New York, a rare collection of gold coins from Peru, or a delectable Burgundy from Burgundy that you just have to have by the caseload.
Perhaps a relative in the UK has left you an inheritance, or you'd like to receive payment for a personal asset you've sold to a foreign investor.
At FNB, we also understand that being a global citizen often means living a nomadic lifestyle, which means you may be emigrating and therefore need to take funds offshore and open a blocked account for your retirement annuity. You may be a South African temporarily working abroad, or you could be a foreign national that has recently moved to South Africa that needs a foreign currency account in order to purchase a home, car or other assets locally.
You could be a freelancer working from South Africa for clients scattered around the globe and don't want to wait on complex and lengthy processes to receive your money.
Whichever circumstances are yours, we'll help facilitate the entire process, managing exchange control requirements, liaising with SARS free of charge where necessary, and ensuring the secure transfer of funds to or from any bank in the world. With competitive exchange rates agreed instantly and personalised pricing, all through the convenience of online banking, the FNB App or simply a call.
We know that living in a global world, you may want the ability to diversify your banking and investment portfolios. Our global and offshore accounts enable you to hedge against the unpredictability of the Rand and exchange rate fluctuations, while allowing you to save and transact in foreign currencies. You can take advantage of when exchange rates are good, transferring funds to your global accounts, link your Multi-Currency Cash Passport travel card to your global accounts and you're guaranteed that rate when using your Cash Passport when travelling abroad.
Our foreign exchange capabilities harness the latest in technology to provide you with world-class product capability, immediate accessibility and value for money. Our travel solutions, global payment and receipt solutions, global investment options and offshore accounts are designed to help you live a life without borders and broaden your horizons.
So whatever your foreign exchange requirements, we're here to help. Call 0860 1 FOREX (36739) or visit www.fnb.co.za/forex.
