Your Global Account is getting even more functionality

FNB is pleased to inform you that your Global Account (formerly called the Multi Currency Account) is getting even better.

FNB is making enhancements to the Global Account so that we are able to offer you additional and improved functionality in the near future. In the meantime, there will be a marginal impact for you as the reporting requirements are changing. When funding the Global Account from your FNB cheque account, the Balance of Payment (BOP) reporting code will change from category code 607 to 606. The standard documentation requirements will remain unchanged.

This latest enhancement allows FNB to change the platform that your Global Account is housed on, thus enabling further functionality and access. The required system changes are currently underway, and we will notify you as soon as they are ready for release, so watch this space!.

In the interim, you can simply continue to enjoy the current benefits of having, and using, your Global Account.

Remember, there are no monthly fees, and you earn interest on your Global Accounts (no minimum balance required).

Currency	Interest Rate *
USD (US Dollar)	0,40%
EUR (Euro)	0,15%
GBP (British Pound)	0,50%
AUD (Australian Dollar)	3,00%
INR (Indian Rupee)	6,00%
* Interest rates are subject to change

With a Global Account you can:

	Do transfers between your Global Accounts
	Keep incoming funds relating to your authorised offshore assets in foreign currency
	Convert from a foreign currency into Rand or from Rand into a foreign currency, when the rates are favourable to you
	Set up and manage offshore beneficiaries
	View balances and transaction history

Global Accounts offer you a hedge against currency risk.

Open your Global Account within 3 minutes:

	Log on to your FNB Online Banking profile
	Click on the ‘Forex’ tab
	Select “Global Account’ on the left
	Choose your currency, and confirm your details

Thank you for your time and consideration.

Regards

FNB Core Banking Solutions