Rand Account Services (RAS)
Rand Account Services manages the South African rand-designated currency accounts of foreign financial institutions to eliminate the need for them to have a local branch in South Africa.
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The ability to transact seamlessly and efficiently across borders is crucial to staying ahead in an increasingly competitive market. However, for financial institutions, it can be costly to establish international branches. To eliminate this requirement, we offer a range of Nostro and Namibian Dollar Services to local and international financial institutions through our network of correspondent banks.
Rand Account Services manages the South African rand-designated currency accounts of foreign financial institutions to eliminate the need for them to have a local branch in South Africa.
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