This is a foreign currency account that can be funded through foreign/local remittance and cash deposit
Target Market
Individuals, HNIs. Suitable for individuals that wants a foreign currency account
Product Features and Benefits
- Opening balance £100 (€, $) or its equivalent in € & $
- Direct remittances
- Interest payment on deposit
- Foreign and home remittances
- Commission per transfer of 1% of transaction amount.
- Telex charge flat fee of £38
- Withdrawals in foreign denominated currencies
