Standard Bank Offshore

Offshore Reserve account

This account is the perfect starting point for an offshore deposit, offering attractive interest and easy access to your money 4 times a year wherever you are in the world.

What does it offer me?

Minimum opening deposit:

£3,000/ US$5,000/ €5,000/ ZAR35, 000

Key Benefits

Supported currencies: GBP/ USD/ EUR/ ZAR
Four withdrawals per year with two permitted in each half year period *
Additional withdrawals permitted subject to a charge of £50 | $80 | €75 | R500, as applicable
Gross interest paid half yearly

*Please note, standard payment fees apply. Please see our Charges for Banking Services leaflet for further details.

Digital Services

Internet banking: Make payments in a range of currencies or check your balance with fast and secure 24/7 online banking. Discounted payment fees apply when sending international payments through Internet Banking.

Mobile banking: Manage your accounts on the go using your mobile device. View account activity, transfer funds/ make payments internationally between accounts you hold with us and link any accounts you hold within the Standard Bank Group.

Terms and charges

Click on the links below to access information on our terms, conditions and charges. These documents form part of your agreement with the Bank when opening and maintaining an account with us.

Offshore Reserve Account factsheet
Terms and Conditions – General and Account specific
Banking Charges

What do I need to apply?

Are you:

18 years or older?
Able to meet the minimum opening balance requirement of £3,000 or currency equivalent?
If your answers to these questions is ‘Yes’, you can apply for an Offshore Reserve account.