Welcome to Zenith Bank > Product & Services > Account Services

Our Foreign Account services include:

1. Foreign Current Account

Product Features:
	Current account in either USD, Euros or GBP.
	Account can only be funded from offshore sources.
	Can be opened individually or in joint names.
	Monthly statements.

Benefits:
	Ability to receive foreign denominated remittances
	Easy access to cash in account
	Enhances ability to transact business with foreign partners.
	Ability to remit monies outwardly subject to Forex restrictions
	Competitive interest rate

Mode Of Operation
	Available as a current account with specialized Cheques after meeting KYC requirement

2. Foreign Exchange Account

Product Features:
	Current account in either USD, Euros or GBP.
	Funded from internal sources
	Can be opened individually or in joint names
	Monthly statements.

Benefits:
	Ability to save locally generated foreign currency
	Easy access to cash in account
	Ability to transact business with foreign trading partners.
	Competitive interest rates
	Ability to remit money outwardly subject to Forex restrictions

Mode Of Operation
	Basically a savings account that will be operated through passbook on behalf of the child

Product Features:
	Inward & Outward Transfers
	Transactions in wide range of currencies – major currencies USD, GBP, Euro, etc.
	Charges are levied on transfers – Foreign Outward Transfers.
	Uses industry standard SWIFT transfer system..
	Transfer messages are tested (coded) to confirm their authenticity.
	Options of collecting cash or account being credited.
	Competitive Exchange rates are quoted for foreign transfers.
	Transfers can be made payable to a specific person or company for exact amounts.* *for Current Account holders only

Benefits:
	Flexible – variety of currencies. Customers can take advantage of favourable rates Competitive rates.
	Fast, speedy and efficient service: Transfer to any country in the world at short notice.
	Customized made-to-measure solutions to individual goals, aspirations and needs.
	Safe and Convenient.
	Customer does not need to shop around..

Mode Of Operation
Inward Transfers
	Customer's account credited
	Exchange control regulation applied
	Swift means of receiving funds

Outward Transfer
	Customer's account debited.
	Exchange control regulation applied.
	Swift means of payment