Can I open an Investec account in the UK?
One Place™ proposition that gives our clients access to local and international banking, Investec’s South African Private Banking clients* can open a UK Private Bank account. This account offers a sterling-based transactional account in the United Kingdom.
What is a current account Investec?
A tailored transactional account for you to manage your business finances and cash flow effectively. We offer a credit card with current account functionality at competitive interest rates.
Do I qualify for an Investec account?
You must earn a minimum of R800,000.00 per year to be eligible for the Investec Black card. Young professionals, on the other hand, who earn between R300,000 and R600,000 per year, depending on their profession, may be eligible for the Investec Black card.
How much do you need to bank with Investec?
Standard Bank’s Signature account has a minimum salary requirement of R92,000 a month (or just over R1. 1 million a year)….This is how much money you need to be considered rich in South Africa.
| Bank | Investec Private Bank |
|---|---|
| Annual salary needed | R800 000 |
| Monthly salary needed | R66 700 |
| Investable assets | R20 million |
How do I open an offshore account in the UK?
To open a UK bank account, you’ll need two documents: one to prove your identity and one to prove your address. This applies both in-branch and online. Proving your identity is simple. You just need your passport, driving licence or identity card (if you’re an EU national).
How do I get an Investec account?
Apply for a savings account or contact your private banker. Minimum deposits from R100,000 required to open an Investec savings account.
Is Investec covered by FSCS?
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations.
Can UK residents have offshore accounts?
Offshore accounts are savings accounts located outside the holder’s country of residence, in this case the UK. They can be used to stash euros and dollars (as well as other currencies), which can be handy if your salary is not paid in sterling.
Which UK banks offer offshore accounts?
Offshore Bank Accounts
- Santander International Island Gold Account.
- Santander International Gold Account.
- Royal Bank of Canada (CI) Executive Plus Account.
- Barclays Bank International Bank Account.
- HSBC Expat Premier Bank Account.
- Lloyds Bank International Premier International Current Account.
- Standard Bank Optimum Account.
How can I view my South African and UK Investec accounts?
Through Investec Online or the App, you can view and transact on your South African and UK accounts on one platform, with one login. For online banking or general assistance, our global Client Support Centre is ready to help you 24/7/365. Tell us more about your offshore requirements, so we can better serve you. Investec. One Place™ Investec.
Where is Investec Bank registered in the UK?
Registered address: 30 Gresham Street, London EC2V 7QP. Investec Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of the London Stock Exchange.
What is Investec one place?
One Place™ is a continuation of Investec’s strong client-centred service culture. We offer you integrated access to banking and investment services both locally and internationally, all in One Place, so you can easily open a UK bank account from South Africa. All your banking and investments at Investec. One Place™
What is the current account switch service?
Our current account switch service takes the hassle out of switching your current accounts from a UK bank or building society to Investec. Through Investec Online or the App, you can view and transact on your South African and UK accounts on one platform, with one login.