Business Banking
Forex
Access a world that’s waiting to meet your business
As experienced and authorised foreign exchange dealers, our relationship managers are fluent in every currency – not only complying with prescribed regulations, but personalising solutions just for you. Access our highly competitive rates and same-day service. At Access Bank we understand that even though your business operates on an international scale, it can’t wait on time zones.
Bank
Borrow
Grow
Forex
Offshore Investments
Access broader horizons
No matter where you’d like to invest, your skilled relationship manager is ready to help with the remittance of your Foreign Investment Allowance.
Foreign Currency Accounts
Access your global market
Your relationship manager understands Foreign Exchange risk management and can advise you on a tailor-made solution that meets Exchange Control regulations.
Forward Exchange Contracts
Access cover for fluctuations
If your business operates on imports and exports, you’ll understand how fluctuations in exchange rates can take from your bottom line. We protect your profit by arranging forward cover to buffer your business against the ups and the downs.
Cross-Border Payments
Access any currency, anywhere, any time
With our cross-border payments expertise, your Access Bank relationship manager is adept in settling foreign payments to suppliers in any country, in all major currencies. We can also receive funds from any of your offshore counterparties for the credit of your account.
International Trade Finance
Access borderless business
When it comes to guaranteeing and covering payments, we can issue or accept Letters of Credit or Documentary Bills of Collection, to or from international suppliers: payment guarantees and basic protection in favour of your balance sheet.
Foreign exchange instruments
- Dealings at Spot (two business days)
- Forward Exchange Contracts (fixed exchange rate at a future date)
- Collars (Cap and Floor structure)
- Vanilla Options
Trade finance instruments
We are a gateway to International Trade and Foreign exchange products and services. Letters of Credit (L/C) can be packaged to provide creative funding solutions and free up much needed working capital.
Benefits
- Competitive exchange rates across a range of currencies
- Direct access to our dealing room telephonically
- Competitive charges on foreign exchange
