Bank Accounts

The South African banking system, consisting of a central bank and several commercial banks independent of the Government, offers typical banking services to its clients. Foreigners and immigrants can make use of all these services; however certain practical restrictions require individual professional advice.

IBN gladly supports their clients with thorough professional consultation regarding im- and export of capital, bank applications, exchange of foreign currency, financing of property as well as opening your local bank accounts. IBN can also facilitate a CCM Investment Bank Account with attractive investment possibilities for private individuals as well as businesses.

Especially for newly incorporated businesses and for immigrants during their first six months in South Africa the CCM Banking System is of great value. Whilst new businesses and immigrants can experience difficulties with the local banks during that time period, IBN offers nearly all bank services under the CCM system, underwritten by Investec Private Bank.

IBN is a licensed Financial Services Provider.