RMB Private Bank Account
Save and transact in foreign currency
With the Global Account you can start saving and transacting in nine foreign currencies without having to leave South Africa. You can open and manage your Global Accounts online with the same ease as your RMB Cheque Account. It’s a safe and secure way of saving in a foreign currency.The Global Account now offers a linked Global Account Card which gives you access to your US Dollar, Euro and British Pound savings. The card is also the perfect travel companion as it gives you 10 complementary visits to any LoungeKey airport lounge outside of South Africa.
Our Global Account
Global Account is an account in a foreign currency, which enables you to invest your foreign investment allowance, either by making use of your R10m Foreign Investment Allowance or your R1m Single Discretionary Allowance in line with the SARB (South African Reserve Bank) requirements.
It’s a South African domiciled account, which allows you to start saving in nine foreign currencies (US Dollar, British Pound, Euro, Australian Dollar, Indian Rupee, Chinese Renminbi, Arab Emirates Dirham, Swiss Franc and Canadian Dollar).This account attracts no fees, earns interest, has no minimum balance and allows you to both make payments abroad and conversely, earnings from abroad can be paid into this account. You are able to manage your Global Accounts via your RMB Private Bank Online Banking profile, which makes for simplicity and convenience.
You are able to hold your individual foreign investment allowance in a foreign currency by simply transferring funds from your RMB Private Bank Cheque Account into a Global Account. Funding of the Global Account can also be done by way of an offshore payment into the account(s).
OTHER WAYS TO APPLY
- Contact your RMB Private Banker
- Call me back
No other documentation required.
RMB PRIVATE BANK BUSINESS ACCOUNT
Get more bank
and do more business
Our business banking products have been structured so you can get more bank, do more business. This affords us the opportunity to offer you and your business an integrated transactional platform so you can focus on managing, growing and protecting your business’s finances – both locally and globally.
RMB Private Bank Business Account
Any type of business entity or nonpersonal form of ownership
OTHER WAYS TO APPLY
Call your Private Banker directly
RMB Private Bank will create a solid financial plan to help you manage, grow, protect and enjoy your wealth for now and future generations.
EARN R1.5M PER ANNUM OR HAVE A NET ASSET VALUE IN EXCESS OF R15M
- Unique rewards programme
- Specialised & structured lending
- Wealth & investment planning
- Estate planning
Specialised for you
RMB Private Bank offers transactional banking for clients who earn R1.5 million per annum or have a net asset value in excess of R15 million with a unique rewards programme, specialised and structured lending, wealth and investment management, and estate planning.With a focus on wealth and legacy management, and based on an in-depth understanding of your needs and aspirations, RMB Private Bank will create a solid financial plan to help you manage, grow, protect and enjoy your wealth for now and future generations.No monthly account fee when you maintain a credit balance of at least R100 000 in your cheque account throughout the month. If your RMB Private Bank Cheque Account is on the Bundled Pricing option, you pay no monthly fees for an FNB Global Account, and an FNB Securities Online Trading Account.
RMB Private Bank Cheque Account
- Earn R1.5 million or more per annum
- Have a net asset value in excess of R15 million
OTHER WAYS TO APPLY
- Your South African ID book/birth certificate
- Proof of residential address (e.g. original council or telephone bill reflecting your name and address)
SPOUSAL CHEQUE ACCOUNT
Private Banking for your spouse or life partner
RMB Private Bank has adapted investment banking solutions to suit your unique financial needs. We focus on innovative transactional banking, financial structuring and wealth management services, to deliver exclusive, carefully considered solutions, to help you mobilise, build and preserve your wealth.
In line with this commitment, we have designed a private banking offering for your spouse or life partner, to enable them to enjoy the same private banking experience that you have become accustomed to.
Spousal Cheque Account
Be a spouse or life partner of a new/existing RMB Private Bank client
Have a minimum deposit of R16 500 per month
Both the main account holder and the spouse or life partner are required to reside at the same address