Foreign Currency Account
Foreign Currency Account
  1. Business Banking
  2. Business Accounts
  3. Foreign Currency Account

Foreign Currency Account

A flexible account where funding of the account is mobilized exclusively from sources outside the country

Benefits

Account Features

A flexible account where funding is mobilized exclusively from sources outside the country (i.e. transfers and offshore cheques).

Minimum account opening balance of $1,000, €1,000 or £1,000

Customized cheque book.

Half-yearly statement facility.

Security for Overdraft/Loan facilities.

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Application Eligibility

  • Small and Medium Enterprises, Churches, NGOs, Multinational companies

Documents Required

  • All Registration Documents
  • ID (Passport, Driver’s License, Voter’s ID plus Utility Bill) of signatories and
  • IDs of all Directors
  • 2 passport photographs of each of the signatories and Board Resolution(excluding sole proprietorship business).
  • Initial deposit
    • For Dollar Account – USD 1,000
    • For Pound Account – GBP 1,000
    • For Euro Account – EUR 1,000

Application Eligibility

  • Small and Medium Enterprises, Churches, NGOs, Multinational companies

Documents Required

  • All Registration Documents
  • ID (Passport, Driver’s License, Voter’s ID plus Utility Bill) of signatories and
  • IDs of all Directors
  • 2 passport photographs of each of the signatories and Board Resolution(excluding sole proprietorship business).
  • Initial deposit
    • For Dollar Account – USD 1,000
    • For Pound Account – GBP 1,000
    • For Euro Account – EUR 1,000

Global Business Banking
Grow your business beyond borders We have the local market expertise and global reach to help your company fulfil its true international potential. Read More
Straight2Bank
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Foreign Currency Account A flexible account for fund sources from outside the country.

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