Rand Merchant Bank Forex

Rand Merchant Bank Forex

Our professional dealing teams are acknowledged market-makers in the South African foreign exchange sector who take a portfolio approach to transactions and guide clients towards optimal solutions.


As market leaders in foreign exchange, our professional dealing teams collaborate closely with our clients to make dealing in foreign exchange seamless. Whether our clients need advice before they trade, while they’re weighing up options, or about to settle, Corporate Banking can simplify the process.

Our clients have access to an experienced team of customer dealers via telephone, email or through our digital dealing platform, Accelerate.

Through Accelerate, qualifying clients:

  • Can deal simply, more efficiently and with greater speed
  • Have access to more information and control
  • Can call on our customer dealers when specialist assistance is required

Foreign exchange solutions

We offer easy access to global payments, dealing, transfers and receipts via our online banking platform making international transacting easier. We provide regulatory services for your unique industry needs and offer a range of foreign exchange products and services which includes spots, outright Forward Exchange Contracts (FECs), optional forwards and currency options as well as CFC accounts which allows you to operate a transactional account in any of the major currencies.

Transactional Capabilities

Whether you purchase products or pay for services from another country, we help you manage your international business payments securely and conveniently via online banking and Online Banking EnterpriseTM.

Hedging Solutions

We offer Forward Exchange Contracts (FEC’s) to qualifying clients who have an approved pre-settlement facility. Forward Exchange Contracts allow customers to fix the exchange rate for future dated payments. These types of contracts are flexible, and the delivery dates can be tailored to meet individual requirements.

Spot deals allow for the purchase of a currency amount at a fixed rate for settlement within two working days. These deals do not require an approved pre-settlement limit.

Customer Foreign Currency Accounts (CFC)

Our CFC accounts are specifically designed for South African businesses involved in import/export transactions including providers of services receiving or making regular foreign currency payments. Trade finance may also be available to facilitate these transactions.

Exchange Control services

Our exchange control specialists help smooth the way by being on the ground to assist with everything from simple forex transactions to complex exchange control applications.

When you are working in one country, it can be challenging to manage your money and make payments in another. We offer assistance from an exchange control point of view on how to best navigate the intricacies of doing business or starting a business in a foreign country.

Direct Dealing desk

Customer dealers facilitate foreign exchange and money market transactions for clients with whom they maintain a close relationship. The structuring specialists also assist clients with more sophisticated transactions where derivatives, commodities and multi-faceted financial engineering expertise may be required

Accelerate

Accelerate, our best-in-class foreign exchange dealing platform, offers you the best in technology, Accelerate enables you to become the dealer and choose the quote when it best suits your business needs. Deals can be booked with a single click and the entire process is reliable and transparent.

With Accelerate, you can deal with confidence, knowing that you are always supported by RMB’s team of professional dealers whenever you need guidance, insight and that personal touch.

Client workshops

We provide our clients with free workshops (face-to-face or virtual) in order to enhance their understanding of treasury risk and the various products that can mitigate it.

Market information

  • Subscribe to our research service and receive both technical and fundamental analysis to help you with your decision-making.
  • Given the current virtual environment, we offer regular webinars to keep you up to date with current information that pertain to your cross-border needs.

SMS rate reminders


As a client of our Direct Dealing desk, you can receive SMS updates of USD/ZAR, ZAR/GBP, and ZAR/EUR exchange rates.