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Foreign Exchange

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Mitigate the risks of currency volatility

Cross-border transactions expose your business to the risk of fluctuating currencies. They’re also subject to foreign exchange regulations.

Our extensive African footprint, combined with our presence in all major financial centres, enables us to deliver a 24/7 forex service, so you can manage currency risk in emerging and frontier markets – and between these markets and developed economies.

Some of the benefits

Expert insights

Access in-depth knowledge of African markets, as well as economic and legislative considerations

Offshore presence

With our presence in offshore markets, you have access to large institutional investors

African presence

An extensive African footprint ensures risk mitigation across the continent

Transaction safety

Maximise the safety and value of your FX transactions
Latest Forex rates
* Rates are indicative and 15 min delayed
HOW WE CAN ASSIST YOU

Global reach

As an African bank with global reach, we help clients deal effectively and efficiently across the continent’s foreign currency and money markets. We currently perform over 1.6 million trades per year, with a combined USD1.7 trillion overall turnover.

24/7 risk management service

Our in-depth understanding of client exposures on different currency pairs, the tenors of that exposure, and liquidity of different currencies provides you with a 24/7 risk management service across foreign exchange, interest rates, money markets, credit trading, equities, commodities and exchange traded products.

Access deeper liquidity pools

With an equally strong presence in offshore markets, we can actively engage large institutional investors and corporate accounts. Our dual on-and off-shore positioning as well as our buy- and sell-side ability allows us to access deeper liquidity pools consistently pricing in volume in all market conditions.

OUR OFFERING

Standard Bank’s range of forex services include:

  • Currency management: Professional teams provide innovative and superior currency management insight, guidance and solutions.
  • Services suite: A full range of the latest FX corporate, institutional and retail client services is available.
  • Research and analysis: We monitor currency stops and orders, offer advice, economic research, historical foreign exchange rates and technical analysis.
  • Bespoke products: Hedging and investor products, are available, as is in-house risk management of vanilla and exotic risk.
  • Balance sheets: Developed local balance sheets across Africa, support you as you access the continent’s more fragile currency markets.
  • Innovative offerings: Access new innovations such as segmented FX offerings to multiple clients, electronic trading platforms and Africa specific market research.
THE BENEFITS FOR YOU
  • Innovation and experience: Our FX teams have the skills to support a diversified international and domestic client base trading in all G10 as well as 40 African currencies.
  • Multiple currencies: We trade in most other emerging market currencies, including the Renminbi (RMB – the official currency of the People’s Republic of China).
  • Large volumes: With 22 dealing rooms across the globe staffed by local teams with specialist market knowledge, we manage over 30% of FX volumes on the African continent and we are the leading market maker in South Africa.
  • Risk management: Our FX Relationship Centre (FRC) provides comprehensive services and support for all FX matters – from foreign exchange risk management, to foreign currency cash management, online dealing and payment solutions, exchange control, and international trade payment mechanisms.
  • Personal service: The FRC provides personal service and guidance.
  • Economic research: We keep clients up to date with developments and best practice, so you can manage risk and maximise yield across all FX transactions.
EFOREX CHANNELS

For quick and easy forex try our electronic channels:

  • Shyft Forex App is the quickest, easiest way to buy, spend, send and store Forex
  • IBFX for business forex and payments
  • eMarketTrader is Standard Bank's advanced cross-asset electronic trading platform bringing together market intelligence & research, real-time pricing, trade execution and post-trade services through a single web-based platform.
INTERNATIONAL BANKING FOR FX
  • Assist with making foreign payment process manageable
  • The IBFX platform allows you to initiate and track payments anywhere, anytime. You are able to secure spot rates instantly and guard against exchange rate volatility.
  • IBFX combines benefits of International Banking and FX Trading
  • Access IBFX https://www.businessonline.standardbank.co.za/
  • HOW WE CAN ASSIST YOU
  • OUR OFFERING
  • THE BENEFITS FOR YOU
  • EFOREX CHANNELS
  • INTERNATIONAL BANKING FOR FX

Global reach

As an African bank with global reach, we help clients deal effectively and efficiently across the continent’s foreign currency and money markets. We currently perform over 1.6 million trades per year, with a combined USD1.7 trillion overall turnover.

24/7 risk management service

Our in-depth understanding of client exposures on different currency pairs, the tenors of that exposure, and liquidity of different currencies provides you with a 24/7 risk management service across foreign exchange, interest rates, money markets, credit trading, equities, commodities and exchange traded products.

Access deeper liquidity pools

With an equally strong presence in offshore markets, we can actively engage large institutional investors and corporate accounts. Our dual on-and off-shore positioning as well as our buy- and sell-side ability allows us to access deeper liquidity pools consistently pricing in volume in all market conditions.

Standard Bank’s range of forex services include:

  • Currency management: Professional teams provide innovative and superior currency management insight, guidance and solutions.
  • Services suite: A full range of the latest FX corporate, institutional and retail client services is available.
  • Research and analysis: We monitor currency stops and orders, offer advice, economic research, historical foreign exchange rates and technical analysis.
  • Bespoke products: Hedging and investor products, are available, as is in-house risk management of vanilla and exotic risk.
  • Balance sheets: Developed local balance sheets across Africa, support you as you access the continent’s more fragile currency markets.
  • Innovative offerings: Access new innovations such as segmented FX offerings to multiple clients, electronic trading platforms and Africa specific market research.
  • Innovation and experience: Our FX teams have the skills to support a diversified international and domestic client base trading in all G10 as well as 40 African currencies.
  • Multiple currencies: We trade in most other emerging market currencies, including the Renminbi (RMB – the official currency of the People’s Republic of China).
  • Large volumes: With 22 dealing rooms across the globe staffed by local teams with specialist market knowledge, we manage over 30% of FX volumes on the African continent and we are the leading market maker in South Africa.
  • Risk management: Our FX Relationship Centre (FRC) provides comprehensive services and support for all FX matters – from foreign exchange risk management, to foreign currency cash management, online dealing and payment solutions, exchange control, and international trade payment mechanisms.
  • Personal service: The FRC provides personal service and guidance.
  • Economic research: We keep clients up to date with developments and best practice, so you can manage risk and maximise yield across all FX transactions.

For quick and easy forex try our electronic channels:

  • Shyft Forex App is the quickest, easiest way to buy, spend, send and store Forex
  • IBFX for business forex and payments
  • eMarketTrader is Standard Bank's advanced cross-asset electronic trading platform bringing together market intelligence & research, real-time pricing, trade execution and post-trade services through a single web-based platform.
  • Assist with making foreign payment process manageable
  • The IBFX platform allows you to initiate and track payments anywhere, anytime. You are able to secure spot rates instantly and guard against exchange rate volatility.
  • IBFX combines benefits of International Banking and FX Trading
  • Access IBFX https://www.businessonline.standardbank.co.za/
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Where do I find expertise in African currencies?

Through a forex partner with global experience and local presence.

EXISTING BUSINESS ONLINE CLIENTS
Centralised Treasury
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Richard de Roos
Head Foreign Exchange
Global Risk exposure and Management Needs Forex