Transact cross-border

To receive an international payment, confirm the exchange rate and upload the relevant exchange control documentation.

Outgoing international payments is coming soon to Money app and Online Banking. 

Global Transactional Banking is ideal for high-volume users and clients using our business electronic banking channel (Nedbank Business Hub).

Global Transactional Banking is specifically designed to facilitate cross-border transactions.

Our Global Trade desk helps manage efficient payments, clearing and trade mechanisms to manage crossborder trade risk.

For guidance on more complex transactions, or to process a payment manually, our Global Trade desk is available to quote exchange rates and process your payment. 

Our CFC account is available in all major currencies. Make and receive payments using foreign currency without the need to exchange funds into rands.

Ideally suited for:

• import and export focused businesses.
• businesses operating in the tourism sector.
• service providers with an international client base. 

Are you seeking to import goods? You will likely require a letter of credit from your bank as assurance to the sender that goods will be paid on delivery.

• Remove the risk associated with non-payment of the obligations taken on.
• Guarantee payment to a third party without  committing funds upfront.
• Guarantees are flexible in terms of the client's conditions.

Our team of global specialists is available for more complex transactions and requirements. 

Ideally suited for:

• bulk imports
• specialised machinery.