Sign up with GooglePerfect, thanks. This works for me.
Also, just to confirm. No matter where/what the currency is, transactions from the global account must go through the SWIFT network and incur SWIFT fees etc.?
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Paying from FNB Global Account
- Thread starter travcaine
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- fnb fnb fees global account
Perfect, thanks. This works for me.
Also, just to confirm. No matter where/what the currency is, transactions from the global account must go through the SWIFT network and incur SWIFT fees etc.?
AchmatK
Honorary Master
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- Dec 8, 2009
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Yes.
One last question on these types of accounts.
Is it possible/legal to receive a USD payment into your FNB Global account and then, from that account, make a deposit (SWIFT transfer I guess) into a brokerage account domiciled in the US (TD Ameritrade or EE USD or other equivalent).
I've heard that, if one wants to make a payment to a third party, you will need to transfer the funds from the Global Account to your ZAR denominated/ SA domiciled account first and then make the international payment to the third party from there. Is this the case?
Is it possible/legal to receive a USD payment into your FNB Global account and then, from that account, make a deposit (SWIFT transfer I guess) into a brokerage account domiciled in the US (TD Ameritrade or EE USD or other equivalent).
I've heard that, if one wants to make a payment to a third party, you will need to transfer the funds from the Global Account to your ZAR denominated/ SA domiciled account first and then make the international payment to the third party from there. Is this the case?