Do you require immediate foreign currency to buy goods and services abroad or make and receive payments? Then Absa Foreign Exchange Spot is the right option for you.

Foreign currency on the spot
Foreign currency on the spot

Get foreign currency on the spot with Foreign Exchange Spot.

Diversity
Diversity

Absa Foreign Exchange Spot caters for a diverse range of transactions.

International payments
International payments

A perfect option for companies making and or receiving payments from abroad.

What you need to know

Here’s how it works
Here’s how it works:

Our Foreign Exchange Spot is ideal for freight forwarders, importers, travel agents, shipping companies and agents or middlemen who facilitate trade. It’s also a perfect option for companies making and or receiving payments from abroad.

Features
Features:
  • Ideal for businesses dealing in currencies other than the rand
  •  Payment is done at spot (usually within two business days)
  • Rate determined at the point of sale
  • The acceptance of a rate is binding
  • Caters for diverse commercial and financial transactions

contact us

Need more help?

Contact your nearest branch or your International Business Banking Specialist 

Email

InternationalBankingservices@absa.co.za