Home
Back
Business Global Account
 
Home
For Me
& My Family
For My Business
Corporates + Public Sector
Private Banking
Calculators
Rates + Pricing
About FNB + Legal
Contact Us + Tools
Careers at FNB

Close

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Close

Daily Banking

Close

Tools

Register Forgot Username or Password Verify payments

Close

Menu

Bank Family & Life stage solutions Events & Services Bank better

Switch to FNB

Product Shop

Financial Solutions

Bank Invest Borrow Insure Connect

Ways to bank

Digital Banking Branch, ATMs + Telephone Banking + @Till Banking Digital Payment Solutions nav»

Invest abroad

Global Solutions

Financial planning

Overview Personal goals Child's education Emergencies Tax free Estate + legacy planning Employee Benefits

Forex

Foreign exchange solutions

eBucks Rewards

eBucks Rewards SLOW

Switch to FNB

Product Shop

Lifestyles

Family Banking Youth accounts FNB EasyPlan Islamic banking Premier Young Professionals Medical Professionals Premier Select Over 55s Encore - Over 55s Retirement

Switch to FNB

Product Shop

Events

Events

Services

DebiCheck and Debit Order Balance Alert Limit Alert LOTTO and PowerBall Prepaid products Soccer six Traffic fines Debit order switching inContact Online vouchers Payments and Debit Orders DStv Payments Account Closure Guide

Switch to FNB

Product Shop

Bank better

Learn about banking FNB App guides

Close

Switch to FNB Business

Product shop

By Turnover

First Business Zero (R0 - R5 million p.a) Gold Business (R0 - R5 million p.a) Platinum Business (R5 million - R60 million p.a) Enterprise Business (R60 million - R150 million+ p.a)

Transact

Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)

Borrow

FNB Cash Advance Overdraft Loans Debtor Finance Leveraged Finance Private Equity Vumela Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services

Insure

Insurance

For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange International Trade Structured Trade + Commodity Finance Business Global Account (CFC account)

Value Adds + Rewards

Connect my business the dti initiatives Enterprise and supplier development Business Hub eBucks Rewards for Business DocTrail™ CIPC Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

Industry Expertise

Philanthropy Chinese Business Islamic Banking Agriculture Public Sector Education Healthcare Franchise Motor Dealership Tourism

Going Global

Global Commercial Banking

Financial Planning

Overview

Bank Better

KYC / FICA Debit order + recipient switching Electronic Alerts

Close

Switch to FNB

Product Shop

Corporates + Public Sector

Corporate Public Sector

Close

Switch to FNB

Product Shop

Private Banking

Private Banking

Close

Home Loans

Affordability Bond Calculator

Day to day banking

Budget Future Value Credit Cards

Shares

Share Investor

Vehicle Finance

Vehicle Repayment Vehicle Purchase Price

Close

Product Rates

Save and Invest Transactional Savings Legal Practitioners and General Trust Account Global Accounts

Pricing Guide

Overview

Rates

Foreign Exchange Rates Lending Rates

Indicators and Share Price

SA Indicators

Close

News + Insights

Press Office Economics commentary Insights Business Hub

Close

Terms + Conditions

Product Terms and Conditions Promotions Terms and Conditions Legal Matters

About Us

World of FNB

News + Insights

Press Office Economics commentary Insights Business Hub

FNB Subsidiaries

Botswana Lesotho Ghana Namibia Swaziland Zambia Channel Islands

Close

Talk to us + important numbers

Contact us

Fraud + Disputes

Security Centre

Locators

ATM Locator Branch Locator/Book a Branch Visit eWallet GEO Locator

Tools

Debit order switching Track and Trace Lead Form Tracking Upload Documents - For Me Upload Documents - For My Business Reporting a death Software Downloads FNB Approved Suppliers FNB Prospective Suppliers Verify Guarantee Verify Statements Verify Payments Verify Account Confirmation/Visa Application Letters eWallet balance enquiry

Close

Careers at FNB

Find out more about careers at FNB Apply here

Close

Close

All savings + investment accounts

Cash deposits

Notice deposits Immediate access Access to a portion Fixed deposits

Share investing

Shares

Tax-free investing

Tax-free accounts

Funds/unit trusts

Ashburton specialised products

Invest abroad

Offshore products

I want to save for

Personal goals Child's education Emergencies Tax-free

Compare similar

Compare

Additional options

Show me all Help me chosse Find an advisor

Financial planning

Overview

Close

Close

Currencies

Currencies USD GBP AUD INR
[0 - 5 000) 0.00% 0.00% 0.00% 0.00%
[5 000 - 15 000) 0.00% 0.00% 0.00% 0.00%
[15 000 - 50 000) 0.00% 0.00% 0.00% 0.00%
[50 000 - 300 000) 0.00% 0.00% 0.00% 0.00%
[300 000 - 1 000 000) 0.00% 0.00% 0.00% 0.00%
[1 000 000+) 0.00% 0.00% 0.00% 0.00%

Close

Qualifying criteria

  1. Must be a South African based entity
  2. Qualifying reason and purpose as per Exchange Control Regulations

Close

What is needed

  • FICA documentation
  • Additional criteria and information may be required

Close

Currency list

Available online

USD - US Dollar

GBP - Great British Pound

EUR - Euro

AUD - Australian Dollar

CAD - Canadian Dollar

CHF - Swiss Franc

AED - United Arab Emirates Dirham

CNY - Chinese Renminbi

INR - Indian Rupee

Other available currencies

BWP - Botswana Pula

DKK - Danish Krone

GHS - Ghanaian Cedi

HKD - Hong Kong Dollar

JPY - Japanese Yen

KES - Kenya Shilling

MUR - Mauritian Rupee

MWK - Malawian Kwacha

MZN - Mozambican Metical

NGN - Nigerian Naira

NOK - Norwegian Krone

NZD - New Zealand Dollar

SEK - Swedish Krona

SGD - Singapore Dollar

THB - Thai Baht

TZS - Tanzanian Shilling

UGX - Ugandan Shilling

ZMW - Zambian Kwacha

Please call 087 7 362 247 or complete the call me back form or send an email us to accountopening@fnb.co.za.

Close

Business Global Account (CFC)

Our Business Global Accounts (CFC), available in 33 different currencies, are used by importers and exporters to hold foreign currency for payment of goods or receipts of incoming currency denominated funds for products supplied or services rendered.

The Business Global Account (CFC) is also useful in mitigating exchange rate risk by maintaining incoming currency denominated funds.

It also attracts no fees and has no minimum balance requirement. You can manage your Business Global Account (CFC) via your FNB Online Banking profile which makes for simplicity and convenience.

Close

South African Business

Standard FICA documentation will be required to open a Business Global Account (CFC). Qualification of this account is subject to the Exchange Control Regulations (Regulations) broadcast in terms of section 9 of the Currency and Exchanges Act, 1933 (Act No. 9 of 1933).

Once we have received and validated the required documents, and your account was successfully vetted by Exchange Control you will be able to activate your new account by making a transfer to the account.

Close

Not a South African based business?

Non-Resident based entities wanting a CFC Business Account will need to open a Foreign Currency Account (FCA).

To apply for this account please email foreigncurrencyacc@fnb.co.za

Business Global Account (CFC account)

Mitigate exchange rate risk & simplify global transactions

Your business deserves a Business Global Account (CFC) that enables simple import and export transactions.

Apply Now
What this is

What this is

Business Global Account (CFC)

Our Business Global Accounts (CFC), available in 33 different currencies, are used by importers and exporters to hold foreign currency for payment of goods or receipts of incoming currency denominated funds for products supplied or services rendered.

Features + benefits

Business Global Account (CFC)

Variety of currencies

We offer 27 different currencies to choose from.



Eliminate exchange rate risk

Assists in hedging against exchange rate fluctuations. Exporters can also eliminate exchange risk.



Open online

Nine of the 27 currencies can be opened online for single member entities.



Trade finance

Can be used for bridging finance provided it is settled by means of export proceeds.



Who qualifies

South African Business

Standard FICA documentation will be required to open a Business Global Account (CFC). Qualification of this account is subject to the Exchange Control Regulations in terms of section 9 of the Currency and Exchanges Act, 1933 (Act No. 9 of 1933).

Currencies

Available currencies

Applying made easy

Apply Now!
Call me back
Contact us

Qualifying criteria

Documents needed


Non-Resident based entities

Email us

Terms and conditions    Pricing Guide

First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).