Our Customer Foreign Currency Account is convenient for managing the flow of foreign currency. We can open a CFC Account in your company name and manage it on your behalf. A CFC Account can be held in the following currencies: the Australian Dollar, the Canadian Dollar, the Euro, the British Pound, the Japanese Yen, the Swiss Franc and the United States Dollar.

Convert funds when it suit you

With a Foreign Currency Account you can convert funds at a time that suits you.

Eliminate exchange risk

As an importer you can avoid the impact of short-term currency fluctuations.

 
Business Integrator International

Have direct, secure, 24-hour online access to our international trade, treasury and cross-border cash management products.

Access Business Integrator International

What you need to know and how to get it

Benefits
  • Can be used for hedging against exchange rate fluctuations
  • Can be used to off-set outgoing payments against incoming payments
  • Can be used for trade finance
  • Can be opened in a variety of international foreign currencies
  • Exporters can eliminate exchange risk
Features
  • A CFC Account can be held in the following currencies: the Australian Dollar, the Canadian Dollar, the Euro, the British Pound, the Japanese Yen, the Swiss Franc and the United States Dollar.
Qualifying criteria
  • Importers and exporters
  • Companies involved in providing services to import and export related businesses
  • Merchant traders, tour operators, insurance brokers or businesses involved in similar operations

Need more help?

Contact your nearest branch or your International Business Banking Specialist

Email

InternationalBankingservices@absa.co.za
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