Bank in SA from wherever you live

Non-resident banking

Looking to do your banking in South Africa while living in another country? We have the one-stop solution for you.

Some of the benefits

Specialised services

You can easily apply for a transactional account, savings and investment account, or a home loan while living abroad

Online banking

Manage your assets and financial interest in South Africa online, wherever you are in the world

Low cost

Pay no VAT on banking fees as long as you’re living and transacting outside of South Africa

Convenience

Switch your account to a local financial solution at your nearest branch when you visit South Africa

Specialised services

You can easily apply for a transactional account, savings and investment account, or a home loan while living abroad

Online banking

Manage your assets and financial interest in South Africa online, wherever you are in the world

Low cost

Pay no VAT on banking fees as long as you’re living and transacting outside of South Africa

Convenience

Switch your account to a local financial solution at your nearest branch when you visit South Africa

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Have you emigrated?

As a South African citizen or permanent resident who has formally emigrated (private individuals who have ceased to be residents for tax purposes), you can still enjoy local banking products:

Transact with a non-resident bank account for your everyday needs
Fund a property by getting a loan of up to 50% of the property value
Invest and save through a range of savings and investment products

We will also help you transfer your assets abroad, provided you:

have ceased to be a resident for tax purposes in South Africa;
have obtained a Tax Compliance Status (TCS) PIN in respect of emigration from the South African Revenue Service (SARS); and
are tax compliant upon verification of the Tax Compliance Status (TCS).

If you have formally emigrated and want to inquire about opening a non-resident account, please contact us at NonResExchangeControl@standardbank.co.za

Let us help you transact

Here are some of the ways we can help you move your money across borders:

Online Banking
Get a card and register for Online Banking to:
- Make local payments to South African bank accounts
- View and download your bank statements
International transfers
- Standing instructions are a way of making automatic payments through the bank for a fixed amount on regular intervals (annually, quarterly, monthly, or weekly upon request) by debiting your active account.
- Document required for international transfer (Standing Instruction (SI) form). Send your completed form to Nonresbrokers@standardbank.co.za
Automated payments
- Make automatic payments for a fixed amount at regular intervals (annually, quarterly, monthly, or weekly upon request) by debiting your current or savings account
- Download, complete and send your Standing Instruction (SI) form to Nonresbrokers@standardbank.co.za

What it costs

The bank fees you’ll pay depends on the type of account you choose and the type of transactions you make.

Annual fee for safe custody and share-related transactions: R447
Renewal fee: R1 050
Outward International Payments (excluding travel-related transactions) sent to parties outside the Common Monetary Area ‒ foreign currency and Rand: 0.60%
Standing Instructions: additional R75 to outward international fees
Exemption from Reg 3(1)(f): R1 589
Written/ Electronic (Exceptions) application: R1 589
Application to remit funds in excess of R10 million: R1 589

See 2025 pricing guide
See 2024 pricing guide

Documents required

To start banking as a non-resident, you’ll need certified copies of:

Your valid passport
Proof of address not older than 3 months
3 Months’ statements from your offshore bank account
Proof of income

You’ll also need to complete, sign and send the following forms to NonResNewBusiness@standardbank.co.za

Faqs

To learn more view our Frequently Asked Questions

Have you emigrated?
Let us help you transact
What it costs
Documents required
Faqs

As a South African citizen or permanent resident who has formally emigrated (private individuals who have ceased to be residents for tax purposes), you can still enjoy local banking products:

Transact with a non-resident bank account for your everyday needs
Fund a property by getting a loan of up to 50% of the property value
Invest and save through a range of savings and investment products

We will also help you transfer your assets abroad, provided you:

have ceased to be a resident for tax purposes in South Africa;
have obtained a Tax Compliance Status (TCS) PIN in respect of emigration from the South African Revenue Service (SARS); and
are tax compliant upon verification of the Tax Compliance Status (TCS).

If you have formally emigrated and want to inquire about opening a non-resident account, please contact us at NonResExchangeControl@standardbank.co.za

Here are some of the ways we can help you move your money across borders:

Online Banking
Get a card and register for Online Banking to:
- Make local payments to South African bank accounts
- View and download your bank statements
International transfers
- Standing instructions are a way of making automatic payments through the bank for a fixed amount on regular intervals (annually, quarterly, monthly, or weekly upon request) by debiting your active account.
- Document required for international transfer (Standing Instruction (SI) form). Send your completed form to Nonresbrokers@standardbank.co.za
Automated payments
- Make automatic payments for a fixed amount at regular intervals (annually, quarterly, monthly, or weekly upon request) by debiting your current or savings account
- Download, complete and send your Standing Instruction (SI) form to Nonresbrokers@standardbank.co.za

The bank fees you’ll pay depends on the type of account you choose and the type of transactions you make.

Annual fee for safe custody and share-related transactions: R447
Renewal fee: R1 050
Outward International Payments (excluding travel-related transactions) sent to parties outside the Common Monetary Area ‒ foreign currency and Rand: 0.60%
Standing Instructions: additional R75 to outward international fees
Exemption from Reg 3(1)(f): R1 589
Written/ Electronic (Exceptions) application: R1 589
Application to remit funds in excess of R10 million: R1 589

See 2025 pricing guide
See 2024 pricing guide

To start banking as a non-resident, you’ll need certified copies of:

Your valid passport
Proof of address not older than 3 months
3 Months’ statements from your offshore bank account
Proof of income

You’ll also need to complete, sign and send the following forms to NonResNewBusiness@standardbank.co.za

To learn more view our Frequently Asked Questions

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Choose your level of benefits
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Non-resident banking

Some of the benefits

Specialised services

Online banking

Low cost

Convenience

Specialised services

Online banking

Low cost

Convenience

MyMo Bank Account

ACHIEVA^TM Banking Account

Foreign Currency Account

PureSave Account

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MoneyMarket Call investment account

Notice Deposit investment account

Fixed Deposit investment account

Flexi Advantage investment account

Home Loan

Non-resident banking

Some of the benefits

Specialised services

Online banking

Low cost

Convenience

Specialised services

Online banking

Low cost

Convenience