Foreign Exchange Account

This is a current  account which is held in major currencies - USD, EURO or GBP and funded from local sources.

TARGET 

  Individuals and companies earning regular income denominated in foreign currency.

Individuals and companies into import and export business,

Air and shipping lines, ship chandlers and agents.

 

BENEFITS/FEATURES

•Initial deposit of $200
•No interest on accounts
•Monthly  statements are made available
•Ability to save locally generated foreign currency
•Easy access to cash in account
•Enhances ability to transact business with foreign trading partners.
•Ability to remit monies outwardly subject to foreign exchange restrictions
•Provides means to hedge trading currency fluctuation against major currencies.