Foreign Currency Call Deposit

Receive, keep and save funds in a foreign currency

Business colleagues pulling luggage while walking in corridor at airport

Zero

Monthly fees

Immediate

Access to your funds*

Private Banking clients

This is available to Investec Private Banking clients only

Key product facts:

  • Save in a foreign currency**
  • Foreign currency call deposits are available in US dollar, GB pound and euro
  • Minimum 1,000 base currency
  • No monthly account fee
  • Fund from rand, or receive and keep foreign currency in this account

 

 

* No notice period is required when requesting funds however settlement of the funds may take up to 2 business days.

**The Foreign currency call deposit is only available to Investec Private Banking clients

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Foreign currency call deposit payments effective from 1 March 2020

 

All payments                                                                                                              Fee (incl VAT)

Making a payment from your rand account to your Foreign Currency Account        R180.00

Making a payment out of your US dollar Foreign Currency Account                         $13

Making a payment out of your GB pound Foreign Currency Account                       £10

Making a payment out of your euro Foreign Currency Account                                €11

 

Fees are debited from the account where the payment is being made in the currency of the account. Should you request Investec to pay for offshore bank charges when making an offshore payment out of a Foreign Currency Call account, an additional fee of $13, £10, or €11 relating to the currency of the account will be charged.

Contact your private banker to apply for a foreign currency call deposit