Foreign Currency Call Deposit
Receive, keep and save funds in a foreign currency
Zero
Immediate
Private Banking clients
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
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.
