Currencies | USD | GBP | AUD | INR |
---|---|---|---|---|
Tiered Pricing | Interest Rate (pa) | Interest Rate (pa) | Interest Rate (pa) | Interest Rate (pa) |
[0 - 5 000) | 0.00% | 0.00% | 0.00% | 0.00% |
[5 000 - 15 000) | 0.00% | 0.00% | 0.00% | 0.00% |
[15 000 - 50 000) | 0.00% | 0.00% | 0.00% | 0.00% |
[50 000 - 300 000) | 0.00% | 0.00% | 0.00% | 0.00% |
[300 000 - 1 000 000) | 0.00% | 0.00% | 0.00% | 0.00% |
[1 000 000+) | 0.00% | 0.00% | 0.00% | 0.00% |
Available online
USD - US Dollar
GBP - Great British Pound
EUR - Euro
AUD - Australian Dollar
CAD - Canadian Dollar
CHF - Swiss Franc
AED - United Arab Emirates Dirham
CNY - Chinese Renminbi
INR - Indian Rupee
Other available currencies
BWP - Botswana Pula
DKK - Danish Krone
GHS - Ghanaian Cedi
HKD - Hong Kong Dollar
JPY - Japanese Yen
KES - Kenya Shilling
MUR - Mauritian Rupee
MWK - Malawian Kwacha
MZN - Mozambican Metical
NGN - Nigerian Naira
NOK - Norwegian Krone
NZD - New Zealand Dollar
SEK - Swedish Krona
SGD - Singapore Dollar
THB - Thai Baht
TZS - Tanzanian Shilling
UGX - Ugandan Shilling
ZMW - Zambian Kwacha
Please call 087 7 362 247 or complete the call me back form or send an email us to accountopening@fnb.co.za.
Your business deserves a Business Global Account (CFC) that enables simple import and export transactions. It's specifically designed for South African businesses involved in import and/or export transactions, as well as providers of services receiving or making regular foreign currency payments or require trade finance to facilitate transactions.
Our Business Global Accounts are elected currency denominated accounts which can be used to mitigate exchange rate risk. It is used by exporters and importers to hold foreign currency for payment of goods or receipt of funds for products supplied or services rendered.
The Business Global Account (CFC) is ideal for businesses involved in import and export transactions, such as shipping agents, freight forwarders, marine insurance, stockbrokers and other similar businesses.
We offer 27 different currencies to choose from.
Assists in hedging against exchange rate fluctuations. Exporters can also eliminate exchange risk.
Nine of the 27 currencies can be opened online for single member entities.
Can be used for bridging finance provided it is settled by means of export proceeds.
Standard FICA documentation will be required to open a Business Global Account (CFC). Qualification of this account
is subject to the Exchange Control Regulations broadcast in terms of section 9 of the Currency and Exchanges Act,
1933 (Act No. 9 of 1933).
Once we have received and validated the required documents, and your account was successfully vetted by Exchange
Control you will be able to activate your new account by making a transfer to the account.
Other ways to apply
Complete the call me back form
Non-Resident based entities