The FMB Foreign Currency Deposit Account (FCDA) is a flexible, interest bearing account available in US Dollars, Pounds Sterling, South African Rand and Euros with other currencies being available on request.

Features and Benefits

• An attractive rate of interest (payable half yearly) is enjoyed on foreign currency balances.

Qualification Criteria

1. Eligibility is restricted to bonafide exporters of goods/services as well as those individuals/bodies who are legitimately in receipt of foreign currency in the form salaries, grants, maintenance or external project funding.
2. A minimum credit balance of US$500 (or equivalent) should be maintained in FCDA at all times.

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