How to open a bank account in The Standard Bank of South Africa Ltd

GSL reference about the bank What is it?

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Relationship was terminated

It is difficult to imagine the world’s financial system without at least one ‘Black Continent’ bank. Please meet Bank Number One in the Republic of South Africa, likewise in the entire region on either side of the equator.

And we first met Standard Bank in December 1997 in the island of Jersey and then again in 2006 in Moscow.

However, in Russia the bank is prepared to consider only very serious proposals (starting from USD 200 million), which they proved by purchasing 30% of shares in the investment company Troika-Dialog in the early 2009

Relationship was terminated

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General information and rating
General information and rating

185
Global rating
1
Countrywide rating
Countrywide rating of the head bank
Global rating of the head bank
Year of foundation
1862
History
Established 1862. In March 1962 became a wholly-owned subsidiary of Standard Chartered Bank Limited, London, England. In 1970 became a wholly-owned Subsidiary of Standard Bank Investment Corporation Limited (now Standard Bank Group Limited), which in 1987 became wholly South African owned. On June 30, 1995 Standard Merchant Bank Ltd merged into the above
Bank’s shareholders
Standard Bank Group Limited (Johannesburg South Africa) - 100%
Confidentiality
Double Taxation Agreement with Russia is signed
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    Minimum requirements
    Minimum requirements

    N/A
    Minimum balance, €
    N/A
    Transactions permitted per month
    N/A
    Initial deposit of funds, €
    N/A
    Deadline for the initial deposit, month

    Tariffs and services
    Tariffs and services

    N/A
    Outcoming transfer, €
    N/A
    Incoming transfer, €
    N/A
    Account maintenance, €/year
    N/A
    Payment limit for credit cards, €/day
    Distant access to the account
    Доступны современные (Internet) и традиционные (телефон) способы управления счетом.
    Financial products
    Предлагает полный спектр финансовых продуктов и услуг.
    Credit/debit cards
    MasterCard

    Account opening procedure
    Account opening procedure

    Days to open for incoming transfers
    case by case
    Days to open for outcoming transfers
    case by case
    References
    Not necessary
    Purpose of the account
    Savings
    Required
    Копия загранпаспорта
    Types of accounts
    Savings
    Opening procedure and Due Diligence
    It is possible to open an account without visiting the country where the bank is located; It is possible to open an account without meeting the banker
    Chances to open an account
    Predictable
    Need a consultation from a specialist?
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