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Foreign currency accounts

St.George offers competitive Foreign Currency Accounts in all major currencies. Foreign Currency Accounts would mainly suit the business involved in both import and export as a Foreign Exchange Risk management tool. 

Advantages of this type of facility are:

  • Consolidates foreign exchange transactions for ease of cash management.
  • Provides a natural hedge for Importers.
  • Accommodates delayed or early payments and receipts.
  • Consolidates funds raised from other financing tools.
  • Accounts are interest bearing (minimum balance apply).
  • Regular Bank Statements detailing transactions are provided.

Need more information?

If you have any questions or want more information, you can call us toll free on 1800 221 815.