Foreign Currency Call Deposit

Receive, keep and save funds in a foreign currency

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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

FCA USD product rules

FCA GBP product rules

FCA EUR product rules

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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.

View terms and conditions

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

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  • Disclaimer

    Investec Corporate and Institutional Banking (referred herein as “Investec”) is a division of Investec Bank Limited registration number 1969/004763/06, which is a registered bank, an Authorised Financial Services Provider (11750), a National Credit Provider (NCRCP 9) and a member of the JSE. Investec is committed to the Code of Banking Practice as regulated by the Ombudsman for Banking Services. Copies of the Code and the Ombudsman's details are available on request or visit www.investec.com.

    The above information may not be construed as advice, for advice please consult your financial advisor