Currency Access Accounts
Exclusive to Investec Private Banking clients
Looking to transfer money overseas?
Buy, sell or mortgage your property abroad, repatriate your salary or pay international school or university fees? Discover our range of currency access accounts that are exclusive to Investec Private Bank clients.
Hold funds in up to 15 currencies to minimise the effects of currency fluctuations in your monthly outgoings. There is no charge to hold funds in these accounts, and you are able to see all of your currency account balances online.
You can hold funds in up to 15 currencies. The table below shows the current interest rates available with our Currency Access Accounts.
|South African Rand||ZAR||3.20%||3.25%|
|New Zealand Dollar||NZD||0.10%||0.10%|
|Hong Kong Dollar||HKD||0.00%||0.00%|
* AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. "Gross" is the contractual interest rate paid before the deduction of any tax.
** Interest is paid gross, without the deduction of tax. In accordance with the EU Savings Tax Directive, automatic exchange of information applies where individuals are resident in the European Union.
Ready to talk to a private banker about your FX needs?
We’ve answered your most common questions about our foreign exchange services and the Currency Access Account.
Financial Services Compensation Scheme (FSCS) information
Please read this important information about your rights under the United Kingdom’s Financial Services Compensation Scheme.