Multicurrency pockets
The convenience of an offshore account without the need to open one
About multicurrency pockets
The multicurrency pocket is an innovative feature on your Private Bank Account that allows you to seamlessly transact in dollars, pounds and euros using your physical and virtual Investec Visa card.
Simply add currency pockets to your account and fund them directly from your Private Bank Account. You can fund at any time and store funds in the pockets until you’re ready to use them.
When making a purchase, your card uses Intelligent Routing™ to select the correct pocket based on the source currency of your transaction.
With multicurrency pockets, you have the convenience of an offshore account without the need to open one.
The multicurrency pocket is an innovative feature on your Private Bank Account that allows you to seamlessly transact in dollars, pounds and euros using your physical and virtual Investec Visa card.
Simply add currency pockets to your account and fund them directly from your Private Bank Account. You can fund at any time and store funds in the pockets until you’re ready to use them.
When making a purchase, your card uses Intelligent Routing™ to select the correct pocket based on the source currency of your transaction.
With multicurrency pockets, you have the convenience of an offshore account without the need to open one.
What are the benefits of a multicurrency pocket?
Multiple currencies with one card
Enjoy the convenience of multicurrency banking with your existing Investec Visa card — there's no need to carry multiple cards or load different forex apps. You can easily withdraw currency from a pocket when using an international ATM.
Fund and use anytime
You can manage foreign exchange rates by funding your pocket(s) anytime. You can keep funds in your pocket(s) until you’re ready to use them.
Earn unlimited Rewards points
You earn Investec Rewards points on all card purchases from your pockets. There's no limit on the number of points you can earn, and they never expire.
How currency pockets work
To add a currency pocket, log into Investec Online or the App, select your Private Bank Account and the currency pocket/s you want to add.
Fund your pockets directly from your Private Bank Account.
When making a card purchase, in-store or online, Intelligent Routing™ will automatically select the pocket based on the source currency of your purchase. If there aren’t sufficient funds available in that pocket, Intelligent Routing™ will automatically fund the purchase from your rand balance - doing the thinking for you.
The Intelligent Routing™ toggle gives you the option to either use your funds for daily transactions or keep the funds for a specific purpose like an overseas holiday.
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Get a Private Bank Account as international as you are
Through our fully digital solution, you can unlock the power of global payments and take control of your international currency when travelling, shopping and making payments. Seamlessly receive, keep and spend in SA rands, US dollars, British pounds and euros – with a single account and one card.
