Foreign Currency Account

Manage Global Funds Easily with Secure Banking Solutions

Who Is This Account For?

This account is designed for SMEs that conduct transactions in major foreign currencies such as US Dollars, Euros, and British Pounds. It enables businesses to participate in international trade while securely holding and managing foreign currency funds.

To open a Foreign Currency Account, applicants are required to provide:

  • 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 account references
  • Proof of address or a completed visitation report
  • Minimum opening balance: USD $250, EUR €250, or GBP £250
  • Maintained minimum balance: Same as the initial deposit requirement in the selected currency
  • Flexible funding options, including:
    • International inflows such as overseas payments
    • Local cash deposits
  • Convenient withdrawal options:
    • 0.5%–3% withdrawal fee applies to funds received through international inflows
    • No withdrawal fee applies to funds deposited locally in cash
  • Telegraphic Transfer (TT) access for secure and efficient international payments