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SA Residents Private Banking
 
Private Banking benefits extend offshore

If you are a Standard Bank Group Private Banking client in South Africa or an Executive Banking Client in any other African country you need a discreet and proactive personal banking and wealth management service that recognises your unique financial needs.

Standard Bank Offshore is able to extend these services offshore and can offer some exclusive products to help you make the most of offshore opportunities.

Establishing an account with Standard Bank Offshore opens the door to a comprehensive and flexible range of wealth management services, including:
  • Platinum Optimum account
  • Offshore Visa Debit Card
  • Custody facilities
  • Fixed term deposit accounts
  • Foreign exchange services
Platinum Optimum account

Our Platinum Optimum account is available exclusively to Private Banking clients. The account carries the same preferential rate of interest as the Offshore Reserve account but without the "limited access" restrictions.

The Platinum Optimum account is available in Pounds sterling, Euro and United States dollars

The Platinum Optimum account is a flexible, interest bearing demand account with the optional benefit of an Offshore Visa Debit Card. Sterling account holders may apply for a personalised cheque book.

An Offshore Visa Debit Card is issued free of the annual charge to Platinum Optimum account holders. In addition our Internet banking service, Offshore Online, helps you to monitor your account.

If you are an Optimum or Offshore Reserve account holder and have Private client status with the group, you can upgrade your account to Platinum Optimum. Simply contact your Private Banking relationship manager for details.
  • Offshore Visa Debit Card - facilitates worldwide access to your offshore funds through the global Visa network. This card is linked to your Platinum Optimum account in either pounds sterling, United States dollars or euro. Wherever you are in the world you can use your Offshore Visa Debit Card to pay for goods and services in any currency. Your card can also be used to obtain cash when required, both through ATMs and over the counter at banks displaying the Visa sign. Your card has pre-set spending limits and a number of other security features for your protection.

  • Fixed term deposit accounts - are suitable for clients who are able to predetermine their cash flow and wish to invest for a fixed period in return for enhanced interest rates. The terms may be tailored to suit your requirements.

  • Foreign exchange services - provided at competitive rates. A full range of currencies may be remitted around the world from your Standard Bank Offshore account.

  • Loan and guarantee facilities - may be considered by us on request.

  • Custody facilities - available for holding internationally traded securities offshore, including nominee company services, full dealing capabilities, portfolio valuations and facilities for dividend collection and the processing of corporate actions.

Putting you in control

We understand how important it is for you to keep track of your offshore finances, and our range of online services allows you to do just that. Offshore Online, our Internet banking service, provides you with up-to-date information on your account balance, as well as access to statements and the ability to transfer funds.

For a demonstration of just how simple and convenient this service is, click here. Of course, you can still use more traditional methods of communication and our skilled team of relationship managers will be happy to assist you.

Other offshore services

Your Platinum Optimum account is a gateway to a world of offshore financial services including asset management, offshore funds and trust and company services. View the range of wealth management solutions on this website or to discuss the options available to you in person contact your Private Banking relationship Manager:

Private Banking Telephone: 011 881 7204
 
Gauteng
    - Sandton Telephone: 011 881 7204
    - Bruma Telephone: 011 622 1062
    - Boksburg Telephone: 011 823 4970
    - Pretoria Telephone: 012 428 8200
 
Eastern Cape Telephone: 041 391 2470
Western Cape Telephone: 021 410 2111
Kwa-Zulu Natal Telephone: 031 265 1234

If you are based in South Africa or any other African country click here for details of local Private Banking services.