Foreign Currency Account
Bank Globally, Save Locally — with Complete Security.
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Who Is This Account For?
This account is tailored for SMEs that transact in US Dollars, Euros, or British Pounds, helping your business tap into global markets seamlessly while storing value in foreign currency.
- Two recent passport-sized photographs
- Valid identification (National ID, Passport, Driver’s License, or Voter’s ID)
- Resident Permit (for non-resident business owners)
- Two references
- Proof of address or a visitation report
- Minimum Opening Balance: USD $250, EUR €250, GBP £250
- Maintained Minimum Balance: Same as the opening balance in the selected currency
- Funding Options:
- International inflows (e.g., payments from overseas)
- Local cash deposits
- Withdrawal Fees:
- 0.5% – 3% fee on withdrawals from inflow funds
- No fee on withdrawals from local cash deposits
- Telegraphic Transfer (TT) Access: Make international transfers efficiently