Why choose a foreign currency account?

  • Invest in major currencies including, including USD, EUR, GBP, JPY, AUD, CHF and CAD

  • Protect your money against currency fluctuations

  • Easily transfer funds to an overseas bank account

  • No monthly maintenance fees

How it works

  • You can invest up to N$ 1million of your Single Discretionary Allowing into your foreign currency account every year.
  • Make international payments easily from your foreign currency account.
  • Access the funds in your FCA account by placing a 2-day notice period.
  • To credit your FCA, you can transfer funds from your Nedbank account and covert them to the currency of your choice.

See money differently

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Get in touch

To speak to one of our helpful staff, get in touch with the right department or find a branch near you see below.

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Rates and fees

Stay fully in control of your finances with up-to-date information on our latest rates and fees.

Switch to Nedbank, hassle-free

From zero to affordable monthly fees, to rewards and benefits, get an account that fits into your lifestyle and budget.

To qualify for a Foreign Currency Account

You must be a Namibian resident

You must be 18 years old or older

You must be a taxpayer in good standing

Documents you'll need

Your barcoded Namibian ID card
Your completed FCA application form and supporting documents
Proof of address not older than three months
A tax clearance certificate for investments of up to N$6 million

Planning to apply at a branch? Save time. Download your application form and supporting documents here for completion before your visit to the bank.

 

How to open your FCA

Apply now

Apply now

Simply leave us a message and we'll get in touch to complete your application. 

Get in touch
Visit a branch

Visit a branch

For in-person assistance, visit your nearest Nedbank branch and our friendly staff will help you apply for your account easily. 

Find a branch
Give us a call

Give us a call

If you prefer to speak to us over the phone, contact our call centre and we'll help you apply for your Foreign Currency account. 

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