How it works
The Society for Worldwide Inter-bank Financial Telecommunication (SWIFT) is an electronic communication method used by banks all over the world to correspond with each other in a secure and standardised way. SWIFT transfers are secure, standardised, relatively inexpensive and extremely quick.
If you are unsure of the SWIFT code, simply select Foreign Bank Search while capturing your Global Payment application.
FNB's SWIFT code is FIRNZAJJ
When entering the SWIFT code, please make sure that all the letters are in uppercase.
All foreign exchange transactions in South Africa are subject to exchange control regulations, governed by the South African Reserve Bank. In accordance with compliance and as an authorised dealer, we provide you with the rules applicable to South African residents travelling abroad . Full details can be found on the South African Reserve Bank's website.
Original supporting documentation to be delivered to your local FNB branch, Private Banker, or couriered to the FNB Forex offices.
A Global Account is an account in a foreign currency that allows you to invest your foreign investment allowance. Open and manage an account online in the currency of your choice and earn interest. To transfer funds from your FNB Cheque Account into your Global Account simply login, select Transfer and complete the relevant details.
Making offshore payments from your Global Account is now as simple as 1,2...
| CURRENCY BALANCE TIERS* | US Dollar |
Great British Pound |
Euro |
Australian Dollar |
Indian Rupee |
Chinese Renminbi |
|
|---|---|---|---|---|---|---|---|
| 0 | 5,000 | 0.30% | 0.15% | 1.75% | 0.00% | 3.75% | 0.00% |
| 5,001 | 10,000 | 0.30% | 0.15% | 1.75% | 0.00% | 3.75% | 0.00% |
| 10,001 | 15,000 | 0.30% | 0.15% | 1.75% | 0.00% | 3.75% | 0.00% |
| 15,001 | 25,000 | 0.30% | 0.15% | 1.75% | 0.00% | 3.75% | 0.00% |
| 25,001 | 50,000 | 0.30% | 0.15% | 1.75% | 0.00% | 3.75% | 0.00% |
| 50,001 | 100,000 | 0.30% | 0.15% | 1.75% | 0.00% | 3.75% | 0.00% |
| 100,001 | 250,000 | 0.35% | 0.20% | 1.75% | 0.00% | 3.75% | 0.00% |
| 250,001 | Greater | 0.40% | 0.25% | 2.25% | 0.00% | 5.75% | 0.00% |
* Interest rates are calculated per annum and are subject to change without prior notification.
How do I open a Global Account online?
How do I transfer funds from my FNB Cheque account into my Global Account?
Have your personal income tax number with you
Important Note:If you transferring less than R1million and you are within your Single Discretionary Allowance, leave the following fields blank:
Saving in foreign currency
With the FNB Global Account you can start saving and transacting in six foreign currencies without having to leave South Africa.
What you get
A Global Account is an account in a foreign currency that allows you to invest your foreign investment allowance, as determined by the South African Reserve Bank.
How it works
