Foreign Exchange
Trade with the largest forex market-maker on the continent.
With a presence in 20 markets and 20 dealing rooms across Africa, Standard Bank’s Foreign Exchange Team is the top choice for investors who are looking for a comprehensive understanding of foreign exchange regulations and the risks in cross-border transactions.
We provide clients with a 24/7 forex service that allows them to 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, economic and legislative considerations from a team with decades’ worth of on-the-ground experience
Offshore presence
>With our presence in offshore markets, you have access to large institutional investors
Extensive African presence
An unmatched African footprint and presence in 20 African markets ensure 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 the largest 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 provide 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
Our local expertise also comes with an equally strong presence in offshore markets, which enables us to actively engage large institutional investors and corporate accounts. Our dual on-and-offshore 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 local expertise also comes with an equally strong presence in offshore markets, which enables us to 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 the following:
- 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 and 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 20 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.
- Exchange Control Portal - To simplify your experience when effecting cross border payments to international counterparts, we have developed the Urup Journey which seeks to provide you with the exchange control regulations that may affect your international payments. We therefore invite you to access our tool and navigate the different exchange control topics that have been put together to assist you in simplifying your experience when effecting cross border payments.
- API Marketplace: Discover and consume APIs and connect to market players to accelerate your business and build innovative customer experiences with our API Marketplace. Get access to tools, products and services to use in your designs of applications and digital experiences.
- eMarketTrader Mobile: Get access to forex rates, track market movement, view real-time pricing and execute trades directly on our eMarketTrader Mobile app.
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/
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HOW WE CAN ASSIST YOU
-
OUR OFFERING
-
THE BENEFITS FOR YOU
-
EFOREX CHANNELS
-
INTERNATIONAL BANKING FOR FX
Global reach
As the largest 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 provide 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
Our local expertise also comes with an equally strong presence in offshore markets, which enables us to actively engage large institutional investors and corporate accounts. Our dual on-and-offshore 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 local expertise also comes with an equally strong presence in offshore markets, which enables us to 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 the following:
- 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 and 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 20 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.
- Exchange Control Portal - To simplify your experience when effecting cross border payments to international counterparts, we have developed the Urup Journey which seeks to provide you with the exchange control regulations that may affect your international payments. We therefore invite you to access our tool and navigate the different exchange control topics that have been put together to assist you in simplifying your experience when effecting cross border payments.
- API Marketplace: Discover and consume APIs and connect to market players to accelerate your business and build innovative customer experiences with our API Marketplace. Get access to tools, products and services to use in your designs of applications and digital experiences.
- eMarketTrader Mobile: Get access to forex rates, track market movement, view real-time pricing and execute trades directly on our eMarketTrader Mobile app.
- 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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