RMB Private Bank Forex
Our Foreign Exchange Team understands that clients have unique foreign exchange requirements and therefore has a wide range of foreign exchange product options and services available to suit our clients’ individual needs.
We offer end-to-end solutions that deliver value, convenience, and ease of use to all our clients, from vacation and business travelers to importers and exporters.
Sound solutions for a hassle-free journey
We offer the following travel solutions: foreign notes in all major currencies (other currencies on request), prepaid travel cards and remember you can pay in advance for reservations such as car hire, cruises and theatre tickets, etc. using Online Banking. We also offer omnibus facilities for business accounts. If you have an offshore bank account, we can transfer your travel allowance directly offshore within 60 days of your traveling.
You can purchase foreign exchange up to 60 days prior to departure. As an individual, over the age of 18, you are entitled to a travel allowance that forms part of the annual discretionary allowance and standard exchange control requirements are applicable.
Payment solutions without boundaries
We offer various payment solutions for sending money abroad including electronic payments via Online Banking, MoneyGram and PayPal.We will require all of the beneficiary’s details and the reason for your payments. Depending on the reason for your transaction, you may need to supply supporting documentation.
Receive and convert funds
We offer various payment solutions when receiving money abroad including electronic payments via Online Banking, MoneyGram and MoneyGram.
You will have up to 30 days to convert your funds into rands (only foreign payments). Convert funds online or let us do it for you upon receipt.You need to provide the sender with the SWIFT Code FIRNZAJJ.
Authorize Forex to convert funds on your behalf as soon as we received the funds so you never have to wait again. Funds can be deposited into your account immediately.