Global Account

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Incorrect username/password

Enter the correct login details.
Your profile will be blocked after three failed attempts.

If you have forgotten or would like to reset your username/password, select 'Forgot password'.

Username
Password

FORGOT PASSWORD

Qualifying criteria

Any type of business entity or non-personal form of ownership

Documents needed

Single Discretionary Allowance

Single Discretionary Allowance allowing you to convert up to R1 million to foreign currency abroad per calendar year:

No documentation is required however a tax number is required when transferring funds to your Global Account from your Current Account.

Foreign Investment Allowance allowing you to invest up to R10 million abroad per calendar year:

A valid SARS Tax Certificate for Foreign Investment (referred to as FIA-001) will be required when making use of this allowance.

Use of this account and documents required are in line with the South African Reserve Bank (SARB) requirements. For more information refer to SARB's website or contact a Foreign Exchange Specialist.

INTEREST RATES

Interest rates per annum

Published at 2023-07-27

CURRENCY BALANCE TIERS*		US Dollar	British Pound	Australian Dollar	Euro	Indian Rupee	Chinese Renminbi	Canadian Dollar	Swiss Franc	Arab Emirates Dirham
0	- 5,000	1.00%	0.65%	0.60%	0.60%	3.00%	0.00%	0.00%	0.00%	0.00%
5,001	- 10,000	1.20%	0.70%	0.65%	0.65%	3.00%	0.00%	0.00%	0.00%	0.00%
10,001	- 25,000	1.50%	0.75%	0.85%	0.70%	3.00%	0.00%	0.00%	0.00%	0.00%
25,001	- 50,000	1.60%	0.80%	0.85%	0.90%	3.00%	0.00%	0.00%	0.00%	0.00%
50,001	- 100,000	1.80%	0.90%	0.85%	1.00%	3.00%	0.00%	0.00%	0.00%	0.00%
100,001	- 250,000	2.00%	1.20%	0.95%	1.20%	3.50%	0.00%	0.00%	0.00%	0.00%
250,001	- Greater	2.90%	1.35%	1.05%	1.20%	3.60%	0.00%	0.00%	0.00%	0.00%
* Interest rates are calculated per annum and are subject to change without prior notification.

What to consider

You may not exceed the limits set by the SARB. This includes the Investment Limit and the annual forex Discretionary Limit specified by SARB from time to time.

The Discretionary Allowance also covers matters such as travel, gifts, etc. and you may not exceed your annual Discretionary Allowance Limit specified by the SARB.

If using your R10million Investment Allowance (Foreign Investment Allowance): a Tax Clearance Certificate (referred to as FIA-001) will be required. This can be obtained from SARS.

Open & manage your currency account online

The Global Account offers you the means to save and transact in foreign currency; whether you are saving for offshore travel, require quick access to manage currency risk or are receiving and making international payments.

Open a Global Account via your Online Banking profile in less than three minutes and then simply fund via Online Banking.
No minimum balance required
No monthly account fees
Transfers between your transactional account and Global Account are free.
Earnings from abroad can be paid directly into your Global Account when working abroad, in line with the South African Reserve Bank (SARB) requirements.
Make payments abroad and transfers between your accounts via Online Banking, in line with the South African Reserve Bank (SARB) requirements.

Move up a rewards level by collecting points for funding and maintaining the required minimum balance in your Global Account.
Order USD, GBP and/or EUR Debit Cards to spend directly from your Global Account when you travel abroad.
You can also order Cash Passports for your partner and children, which can be funded from your Global Account.

Simplify your international
travel experience with a
Global Debit Card

Access foreign currency savings via the Global Debit Card when traveling internationally.
Use the Global Debit Card to pay for international purchases and to make foreign currency cash withdrawals at ATMs abroad.

Travel in comfort and style with the Global Debit Card with access to over 1000 international airport lounges outside South Africa.

− The first 10 visits are complimentary and include admission for one guest per visit. Simply present your card and mention LoungeKey.

− All additional visits thereafter are charged at $27, directly to the card.

BENEFITS

Repatriate funds easily

Repatriate authorised capital or earnings from abroad or send your foreign earnings from wherever you are.

BENEFITS

Earn eBucks

Collect additional eBucks Rewards points by maintaining the minimum balance on the Global Account.

Subject to standard eBucks earn rules. For more information, please visit www.eBucks.com or contact your RMB Private Advisor.

BENEFITS

Transfers funds easily

Transfer your RMB Private Bank Current Account funds to the Global Account and make transfers between your Global Accounts.

GET STARTED

Terms, conditions and rules apply

>Terms and conditions

>Pricing guide

>Forex fact sheet

Manage

How to open and fund
a Global Account

How do I open a Global Account online?

Log in to your Online Banking profile
Select 'My Accounts'
Scroll down to the 'Global Account' section
Click on the icon on the left of 'Add global account'
Select 'Global Account'
Select the required currency
Accept terms and conditions
New account opened and account details emailed to you

How do I transfer funds from my RMB Private Bank Current Account into my Global Account?

Have your personal income tax number with you

Log in to your Online Banking profile
Select the 'Transfer' tab
Select the Global Transfer icon
Complete the details and select the following as the 'Reason for
Transaction': 512-04: Deposit into a foreign currency account

Important note

If you transfer less than R1million and you are within your single discretionary allowance, leave the following fields blank

Tax Clearance Certificate Reference
SARB Authorisation Application Number
SARB Authorisation Reference Number

Global Debit Card
ordering process

Log in to your 'Online Banking Profile'
Select 'My Bank Accounts'
Select 'My Cards'
Select the 'My Cards Menu' on the left of the screen
Select 'Debit Card'
Select applicable 'Global Account'
Select 'Card Type'
Choose 'Delivery Method'

Find out more about LoungeKey

Go to the LoungeKey site, loungekey.com/sasignature to:

locate airport lounges and view their rules
register your card in order to track your available lounge visits and view your visit history
view LoungeKey terms and conditions

GLOBAL ACCOUNT

Save & transact in foreign currency

Apply Now!

Discover more

WHAT YOU GET

Open & manage your currency account online

ADDED VALUE

Simplify your international travel experience with a Global Debit Card

Earn interest off balances held in the account

Global Debit Card ordering process

How to open and fund a Global Account

Find out more about LoungeKey

INTEREST RATES

Earn interest on your Global Account

Global Account

Apply Now!

Documents needed

>Terms, conditions and rules apply

RMB Private Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).

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LEGAL

Incorrect username/password

Qualifying criteria

Documents needed

Single Discretionary Allowance

Single Discretionary Allowance allowing you to convert up to R1 million to foreign currency abroad per calendar year:

Foreign Investment Allowance allowing you to invest up to R10 million abroad per calendar year:

INTEREST RATES

Interest rates per annum

What to consider

Open & manage your currency account online

Simplify your internationaltravel experience with aGlobal Debit Card

BENEFITS

Repatriate funds easily

BENEFITS

Earn eBucks

BENEFITS

Transfers funds easily

GET STARTED

Terms, conditions and rules apply

Manage

How to open and funda Global Account

How do I open a Global Account online?

How do I transfer funds from my RMB Private Bank Current Account into my Global Account?

Important note

Global Debit Cardordering process

Find out more about LoungeKey

Save & transact in foreign currency

Open & manage your currency account online

Simplify your international travel experience with a Global Debit Card

BENEFITS

Earn interest off balances held in the account

Global Debit Card ordering process

How to open and fund a Global Account

Find out more about LoungeKey

Earn interest on your Global Account

GET STARTED

Global Account

Simplify your international
travel experience with a
Global Debit Card

How to open and fund
a Global Account

Global Debit Card
ordering process