Foreign Exchange
Gain access to an unparalleled range of emerging markets and G10 currencies
Gain access to an unparalleled range of emerging markets and G10 currencies
rates for your foreign exchange transactions
currencies based telegraphic transfers
turn around time in terms of settlements on all currencies
Ghana Cedis, U.S Dollars, Euro, Sterling, S/African Rand, Swiss Franc, Japanese Yen, Swedish Krona, XOF, Chinese Yuan, Australian Dollars and Emirati Dirham.
You receive free eStatements daily, weekly or monthly depending on your preference.
Free eStatements, online banking facility and E-Alerts on your account.
Have access to your funds 24/7 via ATM, Point of Sale Terminals, e-commerce globally with the SC Visa Debit Cards.
“Forex” or “FX,” (Foreign Exchange) is the trading of one currency for another. The Foreign Exchange market is the largest financial market in the world.
This is a global, decentralized market where the world’s currencies change hands. Exchange rates are constantly in flux thus they change at anytime.
Currencies are affected by political, economic, and social events, and these occurrences can affect prices either positively or negatively causing currencies to be volatile. No matter the drastic nature, price fluctuations of assets are possible. Volatility occurs when there is a difference between the opening and closing prices over a certain period.
Customers have to go to any of our branches or priority banking centers and request foreign currency (USD, EUR, GBP). A maximum amount of USD 10,000 and its equivalent in other currencies can be obtained per travel provided you have a valid passport, visa, and travel ticket.
The client can transfer FX online a maximum of USD 10,000 and its equivalent in other currencies annually without any documentation. Above USD 10,000 client will have to present supporting documentation for the transfer.
Please keep your passport, Visa, and Ticket handy while placing.
We currently offer the following currencies online:
You can purchase foreign exchange online through Standard Chartered Bank when you are transferring funds overseas however buy foreign currency cash when traveling from the branch.
Yes, use the ‘Track your Order’ option available on the Standard Chartered Bank/ SC Mobile Application.
Foreign exchange risk is a financial risk that exists when a financial transaction is denominated in a currency other than the company’s domestic currency.
Foreign exchange rates are constantly changing. Based on current market conditions, we update our rates at least once every business day. Exchange rates are subject to change at any time without notice.
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