Experience the only Real-Time Forex Accounts, available 24/7 on your banking app.
Open. Convert. Save. Pay.
Expand your banking portfolio today with our Discovery Bank Forex Accounts - designed for smart, seamless foreign currency transactions.
See how easy it is to save and transact in foreign currencies
More features of our forex accounts
- Our smart virtual and physical debit cards automatically select which account to use based on the purchase currency.
- There's no minimum balance.
- We'll help you manage your foreign currency allowances and track the foreign transactions you make using our platform.
- Choose to split the transaction fees, take them on yourself or pass all transaction fees over to the beneficiary when making or receiving foreign currency payments.
- Discovery Bank instantly processes your payments into the international banking system. Once your payment is received by an intermediary bank, it is subject to their processes and timelines.
Monthly account fees
|MONTHLY ACCOUNT FEES|
|Discovery Bank Purple Suite||FREE|
|Discovery Bank Black Suite||FREE|
|Discovery Bank Gold or Platinum Suite, Discovery Bank Card Account, or Discovery Bank Transaction Account with bundled fees||R17.501 for each forex account|
|Discovery Bank Transaction Account with pay-as-you-transact fees||R351 for each forex account|
|Once-off physical debit card issuing fee||R200|
1 Effective 1 January 2023See the complete fees guide
Who can open a forex account
You need to be an existing accountholder of a Discovery Bank Transaction Account, Card Account or Suite and 18 years or older to add any of our forex accounts to your banking portfolio.
Not a Discovery Bank client yet?
Choose from a transaction account for your everyday banking needs, a state-of-the-art standalone credit card or get the full banking experience with a Discovery Bank Suite - it's the account that gives you the best rewards.
Download the Discovery Bank app to get started orJoin now