If you desire to take and keep funds offshore indefinitely, or want a transactional account (which many offer) while travelling overseas, an offshore account may well be the answer for you.
To open an offshore account with all of the institutions listed below you will need to be 18 years old and have the following items:
-Tax clearance form / certificate from SARS (if annual investments exceed R1 million)
-SA identity doc + proof of residence
-A tax number
Bank |
USD Account Opening Info |
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Select the Save in Currency option to view Foreign Currency Account process. |
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Please note Capitec do not offer offshore accounts. Kindly contact Capitec for more info and assistance. |
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View online Global Account opening process. |
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Exclusively UK accounts available. Please speak to your personal banker for more info. |
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To be opened at your nearest Nedbank Forex branch. |
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Standard Bank’s Foreign Currency Account to be opened at nearest branch. |