
Makes Business foreign currency transactions more effective - Absa
Our Customer Foreign Currency Account (CFC Account) is available in all major currencies. Ideal for companies in the import and export business. Convert funds to a preferred currency when needed and reduce conversion fees. Effective way to manage rate fluctuations. Make cross-border payments easily and securely.
Premier Treasury Solutions | Merchant West Treasury Solutions
Simplify your foreign currency inflows and outflows with our CFC account service. Avoid the hassle of converting to ZAR and increase convenience for your international business.
A customer foreign currency (CFC) account is a transactional account denominated in a foreign currency, ie any currency other than rand. It is available in all major currencies and is a useful mechanism for managing foreign currency receipts and payments. Target market Clients who import, export or make and receive payments in foreign currency ...
Business Global Account | Forex | FNB
Your business deserves a Business Global Account (CFC) that enables simple import and export transactions. It's specifically designed for South African businesses involved in import and/or export transactions, as well as providers of services receiving or making regular foreign currency payments or require trade finance to facilitate transactions.
Foreign Currency Account | Forex - FNB
A Foreign Currency Account (FCA) allows non-resident individuals and foreign nationals to hold funds that originate from abroad and that are freely transferable. These funds can therefore be kept in currency and withdrawn at the client's convenience. A range of currencies are available in the Foreign Currency Account. Note.
Forex for Business | Foreign Exchange - Capitec Bank
Available in all major currencies, CFC Accounts are suitable for companies that are active in the Import and Export business. Manage exchange rate risk; Accept foreign currency deposits; Convert funds and make cross-border payments
International Electronic Payments | Standard Bank - Business Online
Customer Foreign Currency (CFC) account supports the transactional needs of clients who send and receive regular payments in a foreign currency without having to convert to Rands. The account is particularly convenient if you import or export goods or services often.
International Banking | Corporate Banking | Absa CIB
Manage foreign currency payments and receipts easily and efficiently via our Customer Foreign Currency Account (CFC Account), available in all major currencies. A CFC Account enables you to manage your exchange rate risk, assists with trade …
Comprehensive Guide To CFC Accounts | Manage Foreign …
Discover the benefits and uses of Customer Foreign Currency (CFC) accounts. Learn how CFC accounts help businesses mitigate currency risk, save on conversion costs, and streamline international transactions.
Understanding Forex - FNB
Our Global Business Account (CFC account) is specifically designed for South African businesses which handle import and export transactions or are service providers receiving and making regular foreign currency payments. This account also offers hedging capabilities, which can help businesses manage currency risk. What is a Global Business Account?