Nedbanks non-resident relationship banking

South Africa is home to a huge population of non-South Africans who live or visit  for economic, social or even political reasons. The country over the years has also become a prime business destination for business people from within Africa and beyond. With a deep-rooted interest in diversity and provision of economic conditions to ensure optimum growth, Nedbank which a major South African bank introduced the non-resident relationship banking product.

Nedbanks non-resident relationship banking provides world-class, home-grown financial solutions to diplomats and embassy officials stationed in South Africa as well as to non-residents.Through non-relationship banking, Nedbank offers such clients a host of transactional and investment products, with added investment security and competitive returns. These products include tax-free investment accounts, current and savings accounts, savings deposit account, credit and debit cards, vehicle and asset finance as well as home loans.

Tax free investment accounts are based on the principles of affordability, simplicity and transparency giving clients security for funds invested and good returns. The savings and current  accounts provide benefits such as the ability to deposit money into your account as often as you wish at local branches or ATMs, you can draw cash using various Nedbank ATMs, branches, Pick n Pay till points or Saswitch ATMs and you can pay your accounts via cellphone banking, internet banking or self-service banking. These accounts also allow non South Africans to open multi-currency accounts denominated in US dollars or other currencies which allows clients to convert these currencies into rands as needed, and transfer any remaining funds to your home bank account without exposure to exchange rate fluctuations.

Nedbank provides an extensive range of credit cards to suit every financial status. These cards provide an alternative to carrying cash and paying by card is cheaper, there is wider acceptance and more control over your money. Vehicle and asset finance facilitates sourcing of new or used car, arranging test drives, organising trade ins, facilitate a secure private to private vehicle sale as well as licensing and registration. Home loans service offers flexible solutions for first time or even second time home buyers in South Africa.

To access these non-resident relationship banking products and services, Nedbank can be contacted on 0214123627.